Friday 23 February 2018

Banks must face justice for mortgage chicanery

'The Central Bank is supposed to be the watchdog protecting consumers and keeping our financial institutions in line. But when the wolves were at the door, it didn't bark.' (Stock picture)
'The Central Bank is supposed to be the watchdog protecting consumers and keeping our financial institutions in line. But when the wolves were at the door, it didn't bark.' (Stock picture)
Editorial

Editorial

Bank robbery is said to be an initiative of amateurs, according to Bertolt Brecht. True professionals establish a bank. The remark might once have drawn a wry smile but following the rapacious behaviour of some of our leading lenders, it is more likely to evince a wince.

The Central Bank is supposed to be the watchdog protecting consumers and keeping our financial institutions in line. But when the wolves were at the door, it didn't bark.

It acted more like a gummy chihuahua than the red-toothed bloodhound they deserved.

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