Shouldn't Bonuses be tied to performance?

Really? I find this very hard to believe. Yes they will get bonuses, but if the bonus is tied at all to performance, you have to expect they will be well down from last year. Moreover, even for political reasons, if I were on the board of any of these firms I would be arguing for lower pay since high bonuses in the midst of a market collapse (which at least in part caused by bankers) will