Anna B Â Â 1,409 #1 Posted November 3, 2017 Gordon Brown, ex Chancellor of the exchequer and ex Prime Minister, has said that Bankers should've been jailed for their part in the financial crash of 2008, like they were in America and other countries. Â Which begs the question, - Why weren't they? Â Considering he was in power at the time, he's 10 years too late. David Cameron didn't do any better after 2010. Apart from 4 stooges, the main players got away scott free, didn't even lose their jobs, continuing to draw millions in salaries and bonuses to this day. Â Truly, one law for us and another for them. And we are still paying the price. Share this post Link to post Share on other sites Share this content via...
hackey lad   3,963 #2 Posted November 3, 2017 Who????? talks about as much sense as Blair and is nearly as disliked by some in his own party Share this post Link to post Share on other sites Share this content via...
Ridgewalk   97 #3 Posted November 3, 2017 Gordon Brown as one of the principal architects of New Labour was enthusiastic to continue with the neo liberal experiment of deregulation of financial services started under Thatcher with the encouragement of Free Market fanatics/ideologues, Keith Joseph, Institute for Economic Affairs, Adam Smith Institute, etc.  Gordon Brown needs to reflect a bit more on his part in the overall process.  Bankers should have gone to jail. Since the Bankers Party has been in power for a good few years the cost of paying for their greed and profligacy has been passed onto the rest of us, in the form of low investment in Public Services and benefit cuts Share this post Link to post Share on other sites Share this content via...
dutch   68 #4 Posted November 3, 2017 I know why they weren't jailed. You know it too. If you don't know there is little I can do for you. Share this post Link to post Share on other sites Share this content via...
Anna B Â Â 1,409 #5 Posted November 3, 2017 This isn't a party thing. Â Like I said Cameron also had 5 years to do something but didn't. Â A lot of people from all walks of life and all political parties couldn't understand why they hadn't been jailed. The answer has to be because they were too rich and too powerful. Â In this country, 'Nobody is above the Law,' simply isn't true any more, is it? Share this post Link to post Share on other sites Share this content via...
Car Boot   10 #6 Posted November 3, 2017 Which begs the question, - Why weren't they?  Political will.  Or, more specifically, the lack of it is the reason none of the UK's parasite banking elite were imprisoned for their criminal acts relating to the economic meltdown of 2008.  Insider trading, money laundering, misleading markets, breach of duties, lying to the authorities - but the political will AT THE TOP of the establishment parties does not exist to punish the bankers. Share this post Link to post Share on other sites Share this content via...
hauxwell   243 #7 Posted November 3, 2017 He’s writing his autobiography. What’s he trying to do promote it so he can make a few million. Didn’t think he was a very good chancellor or PM. I don’t think he was much better than the bankers. Share this post Link to post Share on other sites Share this content via...
dutch   68 #8 Posted November 3, 2017 Two days ago i saw a man being caught by security for stealing a piece of meat. If he only were a rich banker they let him get away with it. Share this post Link to post Share on other sites Share this content via...
muddycoffee   10 #9 Posted November 3, 2017 The Reason why they were not jailed is because; we (British Public) or (any Politician for 60 years) or (Any Mainstream Journalist since the 1950s) have never been able to question the system of capitalism.  Capitalism would work just fine if the people who work the levers of it were honest and not too greedy. Even if they were just a little greedy it would work just fine. We are now witnessing what happens when the actors in the important positions are so unable to conceive their own hubris and greed cause the system to collapse. Share this post Link to post Share on other sites Share this content via...
Guest makapaka   #10 Posted November 3, 2017 Whatever people say about Gordon Brown - he was magnificent during the banking crisis. Share this post Link to post Share on other sites Share this content via...
Anna B   1,409 #11 Posted November 3, 2017 The Reason why they were not jailed is because; we (British Public) or (any Politician for 60 years) or (Any Mainstream Journalist since the 1950s) have never been able to question the system of capitalism.  Capitalism would work just fine if the people who work the levers of it were honest and not too greedy. Even if they were just a little greedy it would work just fine. We are now witnessing what happens when the actors in the important positions are so unable to conceive their own hubris and greed cause the system to collapse.  I agree.  But there are investigative journalists out there who have been trying to get the message across but have been mainly confined to the internet. However I was pleasantly surprised to see Jaques Peretti's excellent 'The Super rich and us' on BBC 2 this week. Trouble is too many people aren't interested enough to bother watching. They don't realise yet where this is leading, and when they do it will be too late.  http://www.bbc.co.uk/programmes/b04xw4rw  I don't think anyone can watch this and not be worried. Share this post Link to post Share on other sites Share this content via...
the_bloke   17 #12 Posted November 3, 2017 What laws did they break in order to be sent to prison? Share this post Link to post Share on other sites Share this content via...