Illuminating interview on banking

“… no bank is absolutely safe …….….it is clear that banks have been egregiously mismanaged quite generally over a long time, and the only people who have done well out of them have been their top employees, which has been grotesque, and it is a genuine question whether these institutions as they are currently organised serve the interest of their shareholders…”

Martin Wolf, Chief Economic Editor of the Financial Times (and regular attendant of  Bilderberg meetings) during a BBC interview related to Barclays.

This interview is unusually candid from members of the establishment. If you are still unclear as to what the banking game is all about, listen to it attentively:

http://www.bbc.co.uk/news/business-23501624

Fear not, sip your tea.

Love,

Leo

Copyright © Leo Foresta 2013

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