Now, if a major reason why these Wall Street assclowns are taking hugely idiotic world economy threatening risks is that they are paid vast bonuses to do so, then there is a case for the government stepping in to regulate bonuses. To discourage idiotic risk-taking.

No . . . If the government judges that the activities the investment bankers are engaging in is endangering the economy, then they should outlaw those types of trading. Limiting the amount of money they can make on what remains legal trading is just "hate the rich" class warfare.