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Crime has been falling overall, according to the police, but we are in the middle of a crime wave which affects thousands of people but does not get recorded in the crime statistics.
It is hard to see how mis-selling payment protection insurance, for example, is anything other than 'obtaining pecuniary advantage by deception'; banks are paying billions of pounds in compensation to millions of customers, but are not being prosecuted, because selling worthless insurance was apparently within the letter of the law.
Is there no limit to the number of exploitative and violent institutions that Stonewall is prepared to endorse? Having already made awards to the likes of Goldman Sachs and the Royal Navy, Stonewall yesterday gave prizes to Ernst & Young, Barclay’s and MI5 for their supposedly gay-friendly employment practices.
Much has been written today about Kweku Adoboli, the “rogue trader” who lost £1.3 billion of other people’s money. One fact that has received little attention is that he went to a Quaker school.
Many economic commentators, and those working in banking and finance, thought that the worst of the global economic recession had gone away. They were wrong. It looks to be back with a vengeance.