Final Statement: Greedy Banks Are Shedding Crocodile Tears for Savers

Summary


IF THE banks were hoping to emerge from the economic crisis with any sense of integrity or decency intact, they blew it last week.

At a time when the powers that be, from politicians to the Bank of England, finally seize the truth that this calamity is too grave for posturing and grandstanding, the banks couldn't resist showing their true colours.

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Extract


Final Statement: Greedy Banks Are Shedding Crocodile Tears for Savers

Naturally, it would have been nicer if our betters could have been born to superior perception, rather than had it thrust upon them. But when officials at the Bank of England finally bit the bullet, in what could only be s...

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