The European Parliament passed a bill today that would cap and defer financial traders' and bankers' bonuses, giving Europe the toughest regimes in the world. The caps are a backlash against the global financial meltdown, and the bonuses that followed.
European leaders' rescue plan is not only the wrong solution for the Greek debt crisis, it's too expensive.
Christmas bonuses will fatten top bankers wallets in Britain. Employees may benefit too, with a $33,000 reward for informing on illegal software use.
Four men said to be masterminds of a sophisticated hacking ring from Eastern Europe were indicted for a heist last November. The men hacked into a bank card system and transferred $9.4 million to conspirators in 280 cities worldwide.