Tag: Banking
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Insurance as Commons, Campaigns as Mutiny: Reflections on #NicsFight
It’s been a very very busy 10 days since the NicsFight campaign kicked off. For those of you who don’t know, my very good friend Nic died in October from cancer; his insurance company (Friends Life) have been refusing to pay out on a critical illness policy which would transform the lives of the widow…
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Occupy Wall Street – Turning Pirate on Capitalism 101
The media coverage in the UK has been limited, but I think the ‘Occupy Wall Street’ protest is interesting, and I hope it turns out to be significant. There was comment on BBC radio the other morning suggesting variously that it was the Democratic equivalent of the Republican ‘Tea Party’ movement – though I’m not…
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…And Martin Rowson’s in The Guardian
Says it all. The $100m ‘loan’ from the World Bank to Haiti could be paid off like that by a fraction of the banking bonuses paid out on top of enormous salaries. Sickening.
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What the Bankers Need: A Spirit Level | Craft | Equality
There is a lot of debate in the news at the moment about what should be done with the wbankers. Should there be a ‘maximum wage’? Should they be allowed to earn obscene bonuses even though their banks have virtually collapsed? Should we all be held to ransom with the argument that they will go…