Banks Damage Our Lives

Well its been a while since my last post and so much has happened out there its difficult to make a start. So my first stop are the Big Global Banks that have made great profits over the last decade but now are in real difficulties because of there irresponsible leading. How many will go Bust
Why does nobody bring them to task? When the good times are here, they lend money hand over fist even if you don't need it they try to get you to borrow more money than you need to finance, bigger cars, bigger houses and more exotic holidays.
They are only interested in there targets not the people, we have to move away from the idea that banks are there to help you. They don't care if you are sick, die or need help the money is king 1st and last. Now I don't mind them being in the business of making money but the thing that drives me mad is the way they advertise the services to us that they really care about you as a customer and they want to help you and your family for a better future. What rubbish as we are seeing how they deal with there mistakes in the subprime sector.

My letter box regularly gets between 5 and 10 loan offers a week. Then I get the cold calling on my telephone offering me vast sums of money to improve my lifestyle.

The problem with all these offers is that the money has to be paid back and with high interest rates. Then when the hard times come they draw in there lending and start to refuse to offer money to any body even people with proven track records. They react to the herd instinct, they get easily frightened and react without first assessing the risks. The CEO's of these corparations get fantastic salaries with great bonus's and still cock it up.
In the 70s and 80s Bank Managers were skilled in the financial markets and could assess individual risks from there customers, they did not have to rely on ticks sheets to form an opinon, they had the power and experience to make an educated decision before he would grant a loan.
Want went wrong with this system?

I have my ideas but perhaps you the readers might like to answer them?
The Governments are aware of this mess but are reluctant to take on the big Banks.