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Even in the current economic gloom, bankers have been reluctant to part with one massive allowance of their jobs—the lavish bonu
Even in the current economic gloom, bankers have been reluctant to part with one massive allowance of their jobs—the lavish bonu
admin
2015-03-25
36
问题
Even in the current economic gloom, bankers have been reluctant to part with one massive allowance of their jobs—the lavish bonus. Not surprisingly, this rankles everyday people greatly as they struggle to rebound from the turmoil of the past year.
Given the political climate, European Union leaders on Sept. 17 vowed to take actions on what French President Nicolas Sarkozy calls "the scandal" of bank bonuses.【F1】
They agreed in Brussels to seek binding rules on the allocation of bonuses, sending a strong message to US President Barack Obama and the G-20 leaders who are meeting in Pittsburgh, Pa. , on Sept. 24 and 25 that they are serious about punishing on wasteful spending by financial institutions.
At the summit, the leaders declared that bonuses should be tied to a bank’s performance and that guaranteed annual payouts should be avoided.【F2】
The group also demanded that the G-20 "commit to agreeing to binding rules for financial institutions on variable allowances, backed up by the threat of sanctions at the national level. "
The attendees themselves were even noisier. "The bonus bubble burst tonight," said Swedish Prime Minister Fredrik Reinfeldt, whose country holds the EU presidency. He said inaction on bonuses would be a " provocation in Europe, especially when set against a steep rise in unemployment. " And British Prime Minister Gordon Brown said there would be no return to the bonus structure of the past. " I am personally appalled by some of the practices that have been going on at some institutions," he said. The move could put Europe in contradiction with the US.【F3】
Last week, Obama said Wall Street could not go back to the days of "reckless behavior and unchecked excess," but he has repeatedly said he is against creating strict rules on pay.
Luxembourg Prime Minister Jean-Claude Juncker said on Sept. 17 that Europe should act on bonuses "whether the Americans are with us or not. "
But despite all the condemnations and harsh language, there was little actual bite behind the rhetoric at the EU summit. Officials failed to agree on concrete measures to limit bonuses, admitting that many of their recommendations were virtually unenforceable.【F4】
Sarkozy, who has threatened to walk out of the G-20 meeting if there is no agreement on regulating bonuses, was also forced to abandon his initial call for a precise salary cap.
By the end of the summit, he suggested that the best solution would be stricter rules on capital levels—a proposal that has already been made by the Financial Stability Board, a group of central bankers and regulators that has been tasked by the G-20 with formulating a plan to target bonuses.
Nonetheless, the issue is popular with voters.【F5】
And whether bonuses are the cause of the world’s economic miseries or not, the battle against them is giving EU leaders a rare common cause.
【F4】
选项
答案
萨科齐曾经威胁说如果在规范红利的问题上不能达成一致就退出20国集团会议,但现在他也被迫放弃其最初要求严格限制工资的呼吁。
解析
本句为复合句。句子主干为Sarkozy…was also forced to abandon。翻译时注意在汉语中定语一般放在主语的前面。walk out含“走出”之意,在这里引申为“退出”,与会议保持一致。call“呐喊”在这里翻译为“呼吁”更加切合语境。cap在这里引申为“最高限制”,既然是关于工资的,可以进一步翻译为“最高限额”。
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0
考研英语一
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