Thursday, 26 July 2012

Why does anyone bank with Barclays?

The news today that the man with a lot of the responsibility for fixing the Libor rate has walked off with nearly £9 million takes some digesting. A year ago a rioter was given a six-month sentence for stealing a bottle of water, “As an example”. 
What is sauce for the goose should also be sauce for the gander. Oh really...
Captains of Industry and High Financiers are seemingly judged by different criteria. They are above the law.
So if the plod and m'learned friends are not going to act, then the least anyone can do who still has a Barclays bank account is to simply transfer it to a much less greedy bank. Draw all the money out, close the account and leave these elevated execrable egregious fools to wither.

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