Democracy is an illusion! It’s become a political system fostered by the élite, for the élite, in order to fool the people that they have a stake in the system. In actual fact, they have virtually none. The whole political system in the modern era, despite having noble beginnings, is now used to benefit the few at the expense of the many. – Mark Alexander, June 29, 2018
Sunday 3 March 2013
Inside Story: Curbing Europe's Bank Bonuses
European officials have struck a deal that could radically change the banking industry's bonus culture. Hazem Sika, discusses with guests: Alessio Rastani, a trader and founder of the leading trader dot com; Birgitte Andersen, director of the Big Innovation Centre. Birgitte is an economist specialising in innovation and EU policy; and Peter Schiff, CEO of Euro Pacific Capital, an American investment broker and author of several books on the financial crisis.
