Posted by mb50
Four In Five Want Bankers Prosecuted … Four out of five people want individuals to be prosecuted when banks break the law, according to a new survey. Research by consumer watchdog Which? also showed that two-thirds of people believe the Government will not act in their best interests when implementing banking reform. And only one in five think the Financial Services Authority is effective in regulating UK banks. The watchdog is calling on the Government to ensure criminal prosecutions can be brought against individuals – up to boardroom level – who have presided over corrupt practices. – Yahoo News UK
Dominant Social Theme: Get ’em, whup ’em and impound ’em.
Free-Market Analysis: The bankers are up to no good. This is a fact and the poll referred to above is further evidence of it. Eventually, laws must be changed and hearings must be held to ensure that the financial industry is made as transparent and honest as every other part of Western industry. > Read more
- Four In Five Want Bankers Prosecuted (news.sky.com)
- Financial Crime Must Be Punished! (thedailybell.com)
- The Barclays scandal is not ‘wholly inappropriate’. It’s a crime | Jonathan Freedland (guardian.co.uk)
- Will Barclays’ Rate-Fixing Scandal Lead to Prosecutions? (world.time.com)