On the subject of political meddling, RBS and the like can shut up | Simon Jenkins

Stephen Hester wanted to turn RBS back into a normal bank but, after £45bn, the government can do what it likes

The silly response to Stephen Hester's exit as boss of RBS is to say that politicians should not meddle with banks. The truth is the opposite. Banks should not meddle with politicians.

Remember who started this. The banks in the early 2000s behaved with a recklessness I believe should still be regarded as criminal. A number went bust and ran pleading to the state, hollering that they...

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Published on June 13, 2013 12:00
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