Where did all the money go ???

In the recent turmoil of the financial markets, the governments of the nation have made a startling discovery. Personally, I think, that the government just reacted to this fact quite a bit late! The I-bankers (Investment Bankers) are getting big perks and the central banker do all the work!! Multi-million dollar bonuses and ultra-lavish perks were the norm for the I-bankers untill global financial system was brought down to its knees. The Govt. and the central banks around the world have now pledged approx. $3.2 trillion in bank bailouts, guarantees and market cash injections to keep the liquidity at sustainable levels. The use of taxpayers money to clearup the mess left by the decades of bank partying has irked the public and sparked the political outrage. Britain, US, Germany, France, Switzerland, Australia have promised to curb the culture of excessive salaries. Ben Bernanke, The governer of US Federal Reserve is one of the influencial personalities in the financial kingdom as he heads the Fed's effort to take US out of the prevailing crisis. His total earning of $191,300 seems loose change when compared to $500 million earned by Richard Fuld in his last eight years of service in Lehman Brothers. Merrill Lynch's CEO, John Thain, got $15 million cash bonus on joining the firm last November and UBS chairman got 130 million francs in his 10 year term. Compare this to the annual salary of Bank of England governor Mervyn King's $700,000 and ECB president Jean-Clude Trichet's $100,000!! And where does all this money go?? Buying yatch, extra-lavish luxury, buying mansions and castles where only ghosts stay! The governments have come out with the plan to deter ultra-big payouts to the I-bankers. Australia plans to outlaw excessive bank pay from next month while German finance minister claimed that all the bank who needs bailout will have to maintain the package to the max limit of 500,000 euros per annum. Now how much will that matter in resurrecting the global economy... Lets wait and watch.