Wednesday, 27 June 2012

Jail the bankers

Just when you thought it could not get any worse we discover a massive systematic fraud has been running on a  global scale. Barclays have been fined almost £300million. Other banks are in the frame. 
What the hell is going on?
From the sub-prime mortgage scandal (and the correlated collapse of major parts of our economy), through the miss-selling insurance fraud, via the aggregation of bad debts and tax avoidance now into fixing the LIBOR rate, scandal follows scandal, crime follows crime. And all the time the bonuses roll in.
And no-one goes to jail.
Where are the criminal charges? 
Why are bastards like Diamond and Goodwin not in jail?
When is Cameron going to wake up to the fact that all the under 25’s in the UK blowing their housing benefit on booze could not do one iota of the harm these rotten, greedy, selfish, corrupt, criminal 'Masters of the Universe' have done to our society and culture. 
The financial sector in the UK is riddled with criminality. 

Some would argue we need a Leveson-like Inquiry into banking. Others would like to see a series of dawn raids and an appointment with Inspector Knacker.
Time for action.

As a first step - anyone with an account with a robbing bank should move it to one that is at least honest.

No comments:

Post a Comment