It's called you'll get nothing and you'll like it.
U.K. Prime Minister David Cameron said he will stop Royal Bank of Scotland Group from paying a reported 500 million pounds ($800 million) in bonuses to investment bankers this year. “We can stop the 500 million, yes, absolutely,” Cameron said in an interview on BBC Radio 2 today. “That is not the agreed figure. That’s a proposal I’ve read about in the newspapers.” The Sunday Times reported the 500 million-pound figure on Nov. 6.
Cameron Says He’ll Stop $800M in Bonuses at RBS [Bloomberg]