I agree blame does not rest with the individuals in the banks.
If everyone thinks such flight from tax is bad, the proper mechanism to prevent it is to enact new law.
Pessimistically, I don't see that happening. It's unstable: there's too large a reward for being a defector nation. (Nation X decides to relax its bank taxes, and sees an influx of bank trade).
It's prisoners' dilemma / tragedy of the commons territory. To overcome that, it takes a really simple, powerful, personal mental image to get everyone to cooperate, and to effectively shun defectors. Perhaps one day.
(
Bee Nice |-|, Tue 22 Jun 2010, 14:46,
Reply)
Aha ha ha. Perhaps today!
http://www.google.com/hostednews/ap/article/ALeqM5iHV4qy6CEXTPufLxX7emismvbp3QD9GGCV1O0 -- "Germany, France, UK commit to bank tax"
(
Bee Nice |-|, Tue 22 Jun 2010, 16:41,
Reply)