Bankers caused the crash and now they strangle recovery | Polly Toynbee

Instead of lending to small businesses, bankers are lining their own pockets. And yet we look the other way How hard it is to explain the banks' effortless escape from any painful punishment or real reform to prevent them crashing the world economy again. Today's Financial Times reported the banks have escaped the modest Basel III requirement to hold 7% reserves against their lending. Instead ...