Show Trials

I watched this egregious display at lunchtime and was appalled.

The former bosses of the two biggest UK casualties of the banking crisis have apologised “profoundly and unreservedly” for their banks’ failure.

Former Royal Bank of Scotland chief executive Sir Fred Goodwin told MPs on the Treasury Committee he “could not be more sorry” for what had happened.

This was straight out of the Joe Stalin handbook on show trials – that or a new version of the McCarthy witch hunts. No mention was made by the assembled politicians about their involvement in all of this, about government regulation and interference in the so called “free market”. No mention of prudence Brown and his “no more boom and bust” bollocks. This was scapegoating at its worst.

It was ugly. It was obscene. It was evil. It was the Righteous in all their inquisitional glory.

I’m not the only one, it seems.

2 Comments

  1. Correct.

    Indeed the remarks and attitude of the labour Chairman could be regarded as self serving (by someone less generous than me).

    These barrow boys broke the bank but why were they allowed to get away with it?

    There is a dog not barking in the night somewhere.

  2. It looks as if the latest Lloyds fiasco is the personal achievement of our dear PM, who apparently persuaded them to buy HBOS when it had already been bust by his pal Crosby.

    Are there enough lamp posts i n Westminster to accommodate all the guilty parties to this godawful mess?

Comments are closed.