Banks and Their Hacks 1

WARNING: More smug complacency from the financial times.

Notice how banking bonuses are dismissed as "petty" public concerns, how project Merlin remains a speculative project, and how the Tories will not force lending of any sort to small businesses. Reading FT' gives one a good impression of what the banking community thinks of its servile minions - the general public! Clearly the FT has forgotten the cardinal fact that the banks CAUSED THE FINANCIAL CRISIS IN THE FIRST PLACE. They were bailed out by the public - who own a major stake in at least three of them - and yet they refuse to comply with legitimate public demands to substantially reduce their unearned wages! I have replicated this interview in full as I think it reflects the psychology of the banking sector quite well. We must remain vigilant as to the damage this sector has and will cause.

Category:

News & Politics

Tags:

• bankers
• banker bonuses
• financial times
• financial terrorists
• banking occupation
• project merlin
• economy stock market business
• speculators
• speculation
• credit default swaps
• mortgage backed securities
• fraud
• larceny
• derivatives
• stock market