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Just when you thought the banking industry was at least starting to have its wild speculation to make personal profit at everyone else' expense curbed ... 'FRAID NOT ... Finance minister George Osborne signaled in a speech in June that he wanted a "new settlement" with the financial sector, taken to mean a softening of approach and an end to so-called "banker bashing". A few weeks later, he ousted FCA chief executive Martin Wheatley, who had warned he would "shoot first" and ask questions later as he faced fresh scandals in the sector such as the attempted rigging of Libor benchmark interest rates and currency benchmarks and the mis-selling of loan insurance. http://www.reuters.com/article/britain-banks-idUSL8N12F0O820151015 and you thought new laws were being introduced to address the simple fact that no bankers are being prosecuted for bankrupting the world?? Britain Doesn’t Need New Laws To Tackle Corporate Corruption, Government Decides The business minister has scrapped proposals for new corporate crime laws – because no one is being prosecuted under existing ones. http://www.buzzfeed.com/jamesball/britain-doesnt-need-new-laws-to-tackle-corporate-corruption#.dyAyvB8jk
