http://www.guardian.co.uk/business/2010 ... -regulator

Unless a number of GS people are found guilty this will basically be a sham. The Tories wanted even less regulation than Labour cut it down to. I cant see them being tough on financial crimes because many of them will be hoping for a career in banking once their political careers are over.

nothing will happen, they own too many people …

Yes but if nothing comes of this, then it will damage the reputation of London. It will become a place where crooks can prosper, and so honest people will avoid banking here.

haven't crooked bankers, here and elsewhere, already prospered at our expense …

Yes they have and we need to reform the laws over bonuses when you make losses to start with and not restrict it to banks. I think that if we do as the Liberals suggest and break the banks up they will be much smaller and so their pay will not be such a problem.

We need laws that allow them to take risks but not at our expense so splitting merchant banks from the commercial banks would help a lot.

sorry have you stopped taking your medication? Your worrying that crooks may prosper in the city, as if they aren't all ready.

Yes prescription ran out a while ago.

It used to be honourable in London even on big deals. The big bonuses screwed up peoples incentives and motivations. Yes it is a crooks paradise at the moment.

http://www.guardian.co.uk/business/2010 ... re-licence

Well Goldman Sachs have asked if they can deregister the man at the centre of the investigation.