The financial services industry (mostly US based companies) caused a near-collapse of the world economy. Where's the penalty paid by the people who got huge bonuses in the past for those deals that imploded with such world-wide impact? A lot of those people still live in the mansions, drive the cars, enjoy the private clubs bought with those ill-gotten bonuses.

Huge reward distorts thinking- it's simple as that. People will pretty much do anything for such large sums, such dumping subprime securities falsely labeled AAA on clients who trusted their integrity. Offering insurance coverage with no reserve to back up that promise when the claim comes in.

Risk and reward must be paired. The game has been rigged on the Wall Streets of the world ... up is their take, down is our collective loss.

No, we need not tolerate such inequity. The magnitude of inequity is a core problem.

Read more at: http://www.huffingtonpost.com/2009/10/20/wall-street-bonuses-vs-no_n_324281.html