World from Berlin 'Cap On Banker Bonuses Is a Serious Blunder'

The European Parliament moved this week to cap banker bonuses. But the plan faces stiff resistance in Britain, Europe's financial capital, and even German commentators question whether it will stop banking excesses.
The financial district in London, where Mayor Boris Johnson called the cap a "deluded measure."

The financial district in London, where Mayor Boris Johnson called the cap a "deluded measure."

Foto: Andy Rain/ dpa
Daryl Lindsey