Sometimes their gambles go wrong and every person in Britain is now paying off their debts and incurring large tax increases to pay for their mistakes. Despite these mistakes the bankers are carrying on as usual and Mr Eric Daniels, the outgoing chief executive of the Lloyds Banking Group, which we own, is set to receive a handsome bonus of around £2m for failing. The Prime Minister who promised to do something about this during the general election is doing nothing.
Now surely there is something wrong here. We lent them money, so under their rules they should be paying us back interest at the rates that they charge their customers. Who is the fool?
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