Investment Bankers Back in Giant Fee Conga Line

Those who believe that social democracy - like vinyl records, leggings and riots in Iran - is back in fashion would have been bewildered by news this week from the world of investment banking. After 18 months in which the outraged proletariat railed at the big end of town across the world, with politicians leading from the back, it seemed that a new order of restraint and modesty had come to pass.