Well done Vince Cable - but it is't in the bankers'/big organsiation's makeup. They couldn't care less. Shareholder value? Another percentage dribble? That's why they do what they do. Lack of regulation - is no excuse to the sensible, cultured, wise or ethical...but it is what the banker/sad executive uses.
Let us have a guidelines check-list where, both internally and externally, each is measured - similar to peer-review in academia. Comment is expected on the work they do and freedom to review - hence transparency - is a part of the system.
We could all do it - shaft people, both legally and within the law. We don't. Basic humanity, is why we do not. Bankers just don't think like that - they are sad pawns in their own game of superficiality.
Sad people. Unfortunately they have each other in common and they can live in their superficial, destroying, unquestioning world. Feeling sorry for them, of course. But that person who has just lost his job, his house, his child....triple G&Ts and bubbly should help them overcome their remorse for their actions.
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