In the last gasp of a dying government, Gordon Brown attempted to play to the gallery and divert attention from the fallout of his 50% tax rate, by calling for an international debate on a possible cap on bonuses in the financial sector.
Debate there may well be.
However, there isn't a cat's chance in hell of their being a unified international agreement on a cap.
This ploy by Brown is designed to take people's eyes off the flight of capital and skilled resources from London, in response to his 50% tax rate and higher NI contributions.
Brown has bankrupted Britain, and is crippling London's role as the centre of the global financial services industry.