The bankers who wouldn’t say sorry: a cautionary tale
There was a time when naughty boys
Would have to forfeit all their toys,
And go to bed without their food
To force a new, repentant mood
Upon the wretched little toads,
Who flouted our great social codes.
But there’s a price we all will pay If politicians won’t display A little courage and crack down Upon these unsafe, grasping clowns: Another bomb is being built, By bankers with no sense of guilt.
Martin Dickson | Deputy Editor, FT
(With apologies to Hilaire Belloc)
https://www.ft.com/cms/s/0/76d4eabc-f41a-11de-ac55-00144feab49a.html
Expect main street to follow this exemplary model? Will bad companies will be lumped together to form TBTF entities that will get bailed out by their governments? Will the MSM even notice?