Dally wrote:
The UK is too soft. IMO Goodwin should have been brought to book.
It is/was the system. If we don't change that, we'll get the same sort of behaviour from similar types of people. The reason the bankers behaved that way was not because they were mad or bad (they may have been, but that is rather beside the point), but because that behaviour was incentivised.
Retrospective revenge is shutting the gate after the horse has bolted and won't prevent a repeat - which is the crucial thing. Indeed, my fear would be that people would think it has been dealt with and move on.
