Interesting one. We own most of the company so it is in our best interests that the company does well. To do well it has to attract and maintain suitable talent. The folk getting the bonuses have helped the company get out of difficulty which means they can pay back the taxpayers quickly. But it feels wrong to reward them.
If we took project’s approach and massively slashed wages and bonuses then no one with any talent would want to work there. The company would collapse and we’d all lose the money we invested, but we’d feel happier that no “greedy bankers” got bonuses.[
Apart from it takes very little talent to make money when you are riding the largest wave of cheap money in history, financed by central banks lending money at 0.5%.