Finance and money

Barkley's was manipulating Libor. As a matter of fact, there was supposedly some sort of gentleman's agreement to let the Libor slide down and stay down in order to line the pockets of rich people. The public are not having it. Some banker in England was supposed to get some huge pile of money, well in the tens of millions of Pounds for a bonus even though the stock fell 70% on his watch. He turned down the money and walked off with two million pounds and people still wanted blood. Let's face it, two million Pounds is still a lot of money to most people. The guy should walk away in chains as far as many are concerned.

"How is the man in the street supposed to act when you tell them to knuckle under in order to pay off a bunch of rich bankers?" That from memory. It is a legitimate question.

Our current administration would love people to be pissed at the banker. The more pissed at bankers the average schmo is on the street, the less pissed they are at the administration. This is a simple distraction method. In this case however, I think the anger is well aimed. I hope the guy in question lives out a healthy life without physical retaliation, but I also hope he gets poor at some point. As stated in the movie Trading Places "Seems to me the best way to hurt rich people is to make them poor people."