In Holland there is a saying: You catch more flies with honey than with vinegar. Indeed if we look at the causes of the financial crisis in a number of cases the drive to achieve the incredible bonuses that are customary in the financial sector seem to have outweighed the sanctions the enterprise risk department might or might not have imposed for excessive risky behaviour.

For the complete article read the IT RSC Blog:

 http://itgrsc.blogspot.com/2010/12/bonuses-and-sanctions.html