Banking Practices, We Need An Enquiry Not a Soap Opera

The majority of people are still puzzled why they were able to book two holidays a year in 2007 and then found themselves struggling with mortgages from 2008 onwards. Banking crises, financial crises, economic crises, recession are words floated with impunity for the perpetrators. Bankers are getting bigger bonuses. Fatcat Executives are becoming fatter. Governments are printing more money. So why are ordinary people losing jobs, houses and self respect? Why are small businesses going bust? And what has LIBOR got to do with all this? We need answers not political theatre. We need a judge led enquiry not a parliamentary investigation. More…