Time for retribution?
When will the banks be brought to justice? Why are they protected? I read this little gem and thought I might share it:
Basically part of the Royal Bank of Scotland has been charging so much in fees and interest to small businesses that it has been deliberately forcing them under in order to take their assets for a bargain. This is a criminal act, this is loan-sharking, this is gangsterism.
So who’s going to pay for these crimes? The customer will eventually. You see the parent company will distance itself from the naughty people who perpetrated these crimes, they’ll say they had no idea it was going on. It will be broken up and removed from RBS – in other words renamed. Someone will be for the high jump of course and will take responsibility, they’ll be forced to resign…with a million pound golden handshake of course!
The bank will be given a large fine, maybe a massive fine just to show the government cares about the little man and the financial ombudsman really does have teeth. The bank will apologise and accept this wrist slap, then they’ll recoup it within a month or so from customers’ bank charges and other more nefarious practices that they haven’t yet been called up on.
When is someone going to be punished properly? If I committed fraud, theft, obtaining money by deception or intimidation, money laundering etc. I would expect to be behind bars for a very long time, but these crimes are being committed by the banks, in the full knowledge of the board members and the government, every day and with impunity.
They owe a debt to society and it’s time to collect!