That's true, S_A, and the documentary Inside Job on the financial crisis in America showed how extensively those implicated in the disaster remained in positions of power or influence, and how little political reform of the banking system had taken place there.
But one shouldn't infer from that that the Europeans are hell-bent on hammering the banks. They have been just as keen to protect their own banks and load all the pain for sorting out the banks' problems on taxpayers, services, pensions, benefits in countries which have been forced to assume the burden of banking debt. So it is not just the UK that is pursuing the interests of the financial institutions.
But one shouldn't infer from that that the Europeans are hell-bent on hammering the banks. They have been just as keen to protect their own banks and load all the pain for sorting out the banks' problems on taxpayers, services, pensions, benefits in countries which have been forced to assume the burden of banking debt. So it is not just the UK that is pursuing the interests of the financial institutions.
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