Same old, same old14 Jul 2025 11:02
As I said days ago, financial institutions and the regulators work hand in glove. Legislation will be carefully worded to ensure that those at the top of the pyramid, always escape justice, but the subordinates will cop it. Its been this way for hundreds of years, the rich and powerful protect the rich and powerful. Occasionally someone is made an example of, or there`s a big stink, like the PPR scandal, just to give us a little bit of reassurance and maintain the illusion that someone is looking out for the little guy. GLA