Since one of the greatest financial crises in human history, you can count on one hand how many British bankers have gone to prison for fraud. Understandably, UK taxpayers are asking why, especially after the government effectively nationalized bad banking debt – think RBS? At the hands of corrupt bankers, many hardworking people have lost their businesses, their homes and their savings.
An industry that has decimated lives still has no recourse to stop the banks illegal asset stripping. So we have to ask, why? Have the judiciary just got all the judgments in favour of the banks plain wrong? Are that world class British police, inept or underfunded? Have successive governments not had the insight or have they turned a blind eye? Or could it be that maintaining a corrupt British banking sector is a central plank of the British establishment strategy to maintain power?
Financial journalist and author of Shredded, Ian Fraser, and the Police and Crime Commissioner for Thames Valley, Anthony Stansfeld, met up with host, Ross Ashcroft, to discuss the factors that underline a British banking crisis mired in systematic corruption and malfeasance.