Saturday, March 21, 2009

FT.com / Global Economy - Banker fury over tax ‘witch-hunt’

FT.com / Global Economy - Banker fury over tax ‘witch-hunt’: "Bankers on Wall Street and in Europe have struck back against moves by US lawmakers to slap punitive taxes on bonuses paid to high earners at bailed-out�institutions.

Senior executives on both sides of the Atlantic on Friday warned of an exodus of talent from some of the biggest names in US finance, saying the “anti-American” measures smacked of “a McCarthy witch-hunt” that would send the country “back to the stone age”."

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