Am I being naive or, are we going to be seeing criminal charges brought against some of the greedy trough rakers of the financial world?
A water Company is being fined over 30 million pounds for some misleading figures. Railway Companies, building Companies and others, quite rightly, have very severe penalties levied against them when things go wrong, and the builders, plumbers, gas fitters and hard working artisans of this world, have a bewildering array of regulations and constraints designed to protect society at large from the small number of scumbags and scallywags who appear in every profession. However, where are the penalties which protect us from the financial bandits? ..Almost every day we hear of the "fat cats" of the financial world, skipping off from the obscene mayhem which they have caused, to enjoy their very substantial pay offs and pensions. The Northern Rock management seem to have come out of this tragedy quite well and others who, over the years have ensnared innocent people into taking up mortgages which, with sensible consideration, they would never stand a chance of repaying, seem to be able to continue without hindrance or investigation.
Loss of life seems to be the yardstick by which the misdemeanors of the industrial world are checked but, the financial world, with it's recent history of heartbreak, wreaked upon thousands and, yes, loss of life for those at the end of their tether,carries on with, so it seems, indifference to the misery it has caused. Times are now hard and, without doubt, will be getting harder, and it is time that those,whose recklessness and sordid conduct has brought much of it about, are brought to account.
A water Company is being fined over 30 million pounds for some misleading figures. Railway Companies, building Companies and others, quite rightly, have very severe penalties levied against them when things go wrong, and the builders, plumbers, gas fitters and hard working artisans of this world, have a bewildering array of regulations and constraints designed to protect society at large from the small number of scumbags and scallywags who appear in every profession. However, where are the penalties which protect us from the financial bandits? ..Almost every day we hear of the "fat cats" of the financial world, skipping off from the obscene mayhem which they have caused, to enjoy their very substantial pay offs and pensions. The Northern Rock management seem to have come out of this tragedy quite well and others who, over the years have ensnared innocent people into taking up mortgages which, with sensible consideration, they would never stand a chance of repaying, seem to be able to continue without hindrance or investigation.
Loss of life seems to be the yardstick by which the misdemeanors of the industrial world are checked but, the financial world, with it's recent history of heartbreak, wreaked upon thousands and, yes, loss of life for those at the end of their tether,carries on with, so it seems, indifference to the misery it has caused. Times are now hard and, without doubt, will be getting harder, and it is time that those,whose recklessness and sordid conduct has brought much of it about, are brought to account.
