Gordon Brown today told the cream of New York's financial community that they must change their ways if the world is to emerge unscathed from the global financial crisis.
At a breakfast meeting at New York's Plaza hotel, the prime minister offered strong support for Barack Obama, who used a White House press conference on Tuesday night to express his frustration at bonuses being paid to staff at bailed-out businesses.
"We have to clean up the banking system," the prime minister told financiers at the meeting hosted by the Wall Street Journal's managing editor, Robert Thomson.
"We must give people confidence that the principles that guide their daily lives are those that also guide the markets. I know people are angry at what they see in banking bonuses remuneration."
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