Considering that the FSA, SFO et al are completely fucking toothless...
I know we've all been affected by the recent financial crisis to some degree, and also upset by the shennanigans that they have been undertaking to line their own pockets at the expense of us (and, due to referring to B3tan's, must admit to typing these next words whilst whincing with mild discomfort..) ordinary folk.

My plan unfortunately will require having the vast majority of the nation onside regarding the execution of the scheme and I can also imagine the outcome being somewhat of a shitstorm, but it will remind the financial sector precisely who's in charge.

Everyone in the country should have accounts with at least four banks, these need to be the absolute basic facility accounts and completely free of charge. They conduct their financial affairs as they do on a day to day basis and completely in line with their needs.

This continues until someone fucks up, such as Barclays have done recently, or RBS have done before. The moment this happens, the country needs to strip all funds that are present in that particular bank and move them to any of their other accounts. I won't list all of the effects because mainly I can't possibly imagine how far reaching those consequences would be. To summarise however, those with a vested interest in making money through dodgy means will certainly receive a much more meaningful punishment than the current government method, which seems to involve fining them the equivalent of a mediochre proportion of their ill gotten gains. The reward most certainly wouldn't be worth the risk this way and they know that we can pull the trigger at any time we like.

I can absolutely guarantee after this happens two or three times (quite possibly having also taking out a major financial institution or two in the process) they'll understand precisely who is in charge and be a hell of a lot more socially minded. Just like in Mary Poppins!
( Muns, Wed 11 Jul 2012, 16:35, Reply)