Reply #20: No,,,

[Cousin It]

...not so much a class thing - it's a provocation thing. The demos, if the intent of some involved was to intimidate, were a damp squib today, and the bank staff felt sufficiently confident to act this way without any fear for their safety.

There's plenty of traders in those offices come from working class backgrounds, and plenty of demonstrators with rich mummies and daddies.

Burning effigies of bankers is provocative, and waving cash at anti banker/anti capitalist protestors is the same.

As far as I can see someone who is, say, trading the exchange markets may not be everybodies cup of tea - but neither are they linked to the credit crunch. It's lazy to tag all bank staff with the same brush, and a very comfy get out for our elected politicians and their staff.

If its accepted that banking is in essence gambling, and the City/Wall St is the casino then it begs the question where were our governments whose job it is to set the house rules ?

Isn't it the case that we all knew, and therefore so did our political masters, that people were being granted loans they clearly could not afford, that unchallenged lies about income became routine, that by these very actions an entirely artificial property bubble was being conjoured up and that packaged up bundles of loans were being sold as "A" grade, when only a minority percentage of the bundle was any such thing ?

Why is this so hard to regulate out of existence ?