Bashing the bankers?

There's been a lot of interest here in Westminster today about the appearance by the 4 leading (ex-) bankers in front of the Treasury Select Committee today. It's not surprising - I've been inundated with emails from very angry constituents on the issue over the last few days. I've supported John Prescott's excellent campaign demanding the repayment of bonuses (see here for a link) but this really has to be only the start of a fundamental change in the way that our whole banking system is run - a point I was making in fact in one of my speeches in Parliament about the issue almost six months ago.