Harriet Harman condemns 'reckless and irresponsible' bank bonuses
Harriet Harman, the Leader of the House of Commons, has condemned ``reckless'' and ``irresponsible'' banks that have been bailed out by the state and still expect to ``award themselves massive bonuses''.
Bank of America Corp. has agreed to pay a $33 million penalty to settle government charges that it misled investors about Merrill Lynch's plans to pay bonuses to its executives.