@spendius,
I dont really see why the bankers were made to say sorry and publicly humiliated in that way. Its the capitalist system that's wrong, they were only expert players, until they came a cropper. On the other hand there are some jurisdictions where such corporate failure would automatically bring charges of criminal negligence, and I thought the RBS guy looked extremely uncomfortable when asked if he had taken legal advice on that point. (He said he hadnt).
Its clear these four were brought in to market banking products in a deregulated environment where buying debt and re selling it was just a big game. They were playing the system, they didnt set it up, and although their activities might have contributed to the speed and severity of the collapse, it was only when the capitalist system imploded that they were exposed as shysters.
As I said in some countries such failure does not result in removing bonuses but in removing liberty or worse. (In China their head of food and drug safety was found running a corrupt system and taken outside and shot). This gang of four should be encouraged to go there.