Ed Miliband - My Fake Diary

Tuesday, 10 July 2012

I pointed to the Libor rate-fixing scandal, the mis-selling of complex insurance products, the failure to lend to business and the "fleecing" of customers with payment protection insurance as proof that the banking industry has become "economically damaging and socially destructive".

And I called for institutional reform and cultural change to bring about a return to the "stewardship banking" of the past, after 20 years or more in which the banks have behaved like casinos.

Good stuff eh?

As soon as missus writes me some more, I'll use it!