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Tuesday, 29 July 2014

The corrupt fraudsters within the banks must be prosecuted.

Lloyds fined £217 million over Libor rigging

Lloyds Bank

The bankers should be subject to criminal law the same as everyone else. It was not "the bank" which corrupted the Libor rates and made huge profit from the speculation. It was specific individuals within the banks who conspired together and committed a crime.
They went on to re introduce the obscenity of awarding themselves large bonuses and at the same time, carried on receiving payouts from the British tax payers. A benefit claimant would be hounded and persecuted for wrongly claiming a few pounds in benefits and yet "the bank" can receive £ millions and nobody says a word.

These corrupt fraudsters, must be prosecuted and jailed if trust in our banks is to be restored.