tag:blogger.com,1999:blog-35658017.post672380768962472434..comments2024-03-20T00:20:17.851-07:00Comments on Rowans-blog: "A Fudge Too Far" - A Response to the Commission on Banking Standards Report.Rowan Bosworth-Davieshttp://www.blogger.com/profile/16384252276434877281noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-35658017.post-48939256134130695472013-06-20T09:01:18.919-07:002013-06-20T09:01:18.919-07:00
One only had to look at the composition of the p...<br /> One only had to look at the composition of the panel to realise nothing much was going to change.No law enforcement or Fraud squad sector was represented. THe conclusions have obviously been heavily skewed by the banking /political lobby.Salford Ladhttps://www.blogger.com/profile/15121806290470017261noreply@blogger.comtag:blogger.com,1999:blog-35658017.post-49801808054253853092013-06-19T12:42:07.834-07:002013-06-19T12:42:07.834-07:00Excellent post Rowan and as you point out it is to...Excellent post Rowan and as you point out it is to all intents and purposes an exercise in obfuscation. Existing law has not been used as the regulators lack the investigative skills. Moreover the banks have no interest in change and have entrenched positions - believing they are 'untouchable'. This report entrenches that position. <br /><br />My view is there will be a repeat of the GFC, more bailouts and banker incomes will continue to have NO relationship true results, effort expended, responsibility taken or any other reasonable metric. <br /><br />Steady as she goes and no change are the core ,messages. As for the failure to even consider the criminogenic culture - I despair. It is clear if there is to be reform it ha to come from direct action from the voters through protest and disruption. Get 250K people into the City for a passive resistance protest and the City comes to a complete halt - then negotiate!<br />AshleyAbogadoNZhttps://www.blogger.com/profile/07448369491881106283noreply@blogger.com