The hysteria of bonuses

There has been a great deal of hysteria created by the media claiming that the bonus culture of financial institutions has led to the current recession. Governments desperate to blame others have helped create the current pandemonium. Does this all mean that the bonus culture will disappear or are we simply looking at a realigning of policy? If this actually leads to a bonus scheme in which employees share in the risk as well as the reward then will not business decisions in the future be more rational or will the adoption of such policies lead to the loss of entrepreneurial flare?.

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Update supplied by Charles Russell LLP - www.charlesrussell.co.uk