23 March 2008

An Easter wish

I wish ...

... that, the next time the big five banks seek to persuade the Governor of the Bank of England that they should be allowed to dip their greedy snouts into what is effectively the public purse, big Merv should attach the following conditions to any Bank of England support:

1. that it should be accompanied by a significant contribution from their combined profits (which, after all, amount to many £ billions);

2. that the banks should show a more caring attitude to their customers, particularly when it comes to charges for missed credit card repayments or occasional unauthorised overdrafts and that they cease ripping off their customers over the time taken to process cheques or bank transfers; and

3. that bank directors, employees and personal contractors should receive no more than £500,000 per year by way of salaries, bonuses, stock options and any other form of beneficial advantage.

Is that so unreasonable?

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