Great article in the Guardian with some great pictures by David Parkins
...Bob Diamond, the American chief executive of Barclays Capital in London, earned £22m in 2006 and was the sort of person who saw no reason why his money-making activities should be curtailed by red tape. But in August and September 2007, once the going had got tough, Diamond conducted a vigorous campaign against the Bank of England's Mervyn King for failing to provide the same sort of help to banks in the UK as was being provided by the Fed or the European Central Bank, which had stepped in after BNP's problems. As one commentator noted, this state of affairs was tantamount to the police being forced to provide a getaway car to bank robbers for fear that even greater damage would be caused by not doing so....
in G2 tomorrow:The War on the middle class
on Wednesday: How to put the modern monsters back in their cage
www.thegodsthatfailed.co.uk
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