"Banks, as presently constituted and managed, cannot be trusted to perform any publicly important function, against the perceived interests of their staff. Toda

"Banks, as presently constituted and managed, cannot be trusted to perform any publicly important function, against the perceived interests of their staff. Today’s banks represent the incarnation of profit-seeking behaviour taken to its logical limits, in which the only question asked by senior staff is not what is their duty or their responsibility, but what can they get away with."[1] [1] http://blogs.ft.com/martin-wolf-exchange/2012/07/02/banking-reforms-after-the-libor-scandal http://blogs.ft.com/martin-wolf-exchange/2012/07/02/banking-...