We are now reaching the endgame. Few are in denial any more. The situation is dire and we need real leadership to get us out of this mess. Businesses across the country are going to the wall, unemployment is going through the roof and people who have been trading for years say this is much worse than the 1980s.
Every evening, there is a little ritual in our house. Our young children, having been settled by their mother, demand dad tells them a story â€˜â€˜from your headâ€™â€™ before bed. This lark involves all classes of adventures, heroes and implausible tales starring themselves as central characters.
Now the Government needs its own people in the banks … they must be independent, not some patsies
Considering they had neither the financial nous to foresee the global downturn, nor the courage to release accurate figures on the state of their institutions, how can the inept leaders of our banks now expect our trust?
Banks are paying for the abuse of belief and trust with the loss of credibility in the fiduciary system.