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Author Topic: Looters in suits: Banksters have learnt notin & have been let off the hook again  (Read 162 times)
Letsbereal
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« on: September 17, 2011, 08:01:18 AM »

Looters in suits: Three years ago this week, Lehman Brothers crashed. Since then, Britain's bankers have learnt nothing and have been let off the hook again
17 September 2011
, by Max Hastings (Mail Online)
http://www.dailymail.co.uk/news/article-2038147/Bankers-looters-suits-Weve-learnt-Lehmans-Brothers-crash.html

Excerpt:

When Diamond shows that he thinks the Government’s plans for banking not too bad, the rest of us get the message: these princes of greed and amorality are off the hook again.

Here is an industry which has failed on a Titanic scale (this week we saw further incompetence when a trader at banking giant UBS lost £1.3 billion in a string of reckless transactions);

whose warlords remain impenitent, committed as ever to skinning the rest of us for their own enrichment.

And they are offered almost a decade to mend their ways. No wonder Bob Diamond and his friends are having the giggles.

In eight years, anything can happen. Governments change. Reform may get kicked into the long grass.

The current generation of bandits — sorry, bankers — have time to make more fortunes and retire to the Caymans.

But, the only thing we can sure about is that we, the banks’ customers, will feel the pain much sooner.
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