Re:The brazenness of the LIBOR scam
by arethuza on Tuesday February 20, 2018 @08:56AM
(#16420297)
I can recommend the book Shredded: Inside RBS: The Bank that Broke Britain - by its account RBS actually seems to be worse behaved after their bailout than before. Before the bailout they were just incompetent, since then they have been downright malevolent.
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Re:The brazenness of the LIBOR scam
by TheOtherHobbes on Tuesday February 20, 2018 @09:43AM
(#16420620)
The results of nationalisation depend on the people running the nation.
If they have questionable ethics, so will the industries they run.
The real problem isn't banking, it's neoliberalism's sanctification of individualistic greed. When collective morality decides that almost any behaviour is acceptable as long as a few people make a big profit, the political and moral consequences are unlikely to be positive.