Tuesday, 10 February 2009
Goodwin, McKillop, Hornby, and Stevenson Banking's 4 Messketeers
In parliament today there was Neither Sorrow or Honour for the 4 Messketeers as they tried to explain that they had not taken advantage of their positions, power, authority and customers.
The great and the 'good' (sic) of British Banking were brought before the UK's Parliamentary Treasury Committee today to explain their industry's ineptitude.
Sir Fred Goodwin, Sir Tom McKillop, Andy Hornby, and Lord Stevenson made a feeble attempt at explaining the disgraceful behaviour of policy makers and decisions takers in their organisations, and sought to explain away the societal havoc they have caused with a 'sorry'.
Just how authentically 'sorry' are these bean counters for destroying the innovative ideas, loyalty, and industry of ordinary people? How can they possibly truly relate to what they've done?
I believe there is only one way that they can atone for their misjudgement in a way that is unequivocal and for all to see. These people and their lieutenants might consider Seppuku because that is a clear demonstration of their contrition. The Samurai certainly had a sense of honour.
I would be interested to hear their reasons for not doing this? Is it because they believe that their 'talents' are too indispensible for the resurrection of their industry? That they think that way is hardly surprising when one of the 4 Mesketeers,is retained at £60,000 a month (paid out taxpayers money)to advise Lloyds TSB!!
These people have built their careers on the expectation that people will be gullible and treat their utterances and actions uncritically. For the first time the social influence of social media and networking can bring the full force of public opinion to their ears. No longer can people like this assume they can take advantage of their customers with impunity.
New rules should be brought to the financial service industry that mirror the medical profession. We should have the ability to strike inept bankers off so that they can never operate in financial services industry in any capacity whatsoever for as long as they live. If they consider that to be too long a duration...they have an option of course.