ianfraser.org 06 Nov 12: [on] 'mad banker disease'

Category: Newspaper & Media Reports

Gordon Neave writing on Ian Fraser's blog:

Illusion of unassailability leads to fresh outbreak of ‘mad banker disease’

During the 1980s British bankers changed for the worse. Having spent most of the past three centuries as financial herbivores — solid, reliable and rational members of the community — they metamorphosed into wild, hungry carnivores. Fuelled by commissions, bonuses and greed, they started seeing their customers as fair game.
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