A Financial Times editorial:
The humbling of the financial sector should put an end to a bonus culture that rewards recklessness. It should also bring to a close the two decades in which investment banking and its associated industries have absorbed disproportionate numbers of skilled graduates. From now on, those who wish to package expensive products that they do not fully understand can work at the gift-wrapping department in Harrods. As for those of real talent, we can but hope to see some of them seek careers in research, teaching, healthcare and even manufacturing – the sector whose economic contribution is so often overshadowed by financial services.