Wednesday 7 December 2016

Martina Devlin: Bankers without rules like Wild West without sheriff

Published 30/09/2010 | 05:00

When Oliver Stone made his 1987 film 'Wall Street', he believed it to be an expose of the financial sector's underbelly. Audiences reacted to corporate raider Michael Douglas's "greed is good" speech by stampeding to sign on the dotted line.

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So much for Stone's att- empt to communicate a social message.

While we digest the final cost of the Anglo bailout, a crucial figure for our economy's capacity to borrow, it's worth considering the role of banks in society -- a society that's desperately bewildered.

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