by Labour leader Ed Miliband has called for a Leveson-style inquiry into the banking system that will allow bankers to have absolutely no recollection of what they’ve been up to.
Mr Miliband told the Times that it was imperative that bankers are put in a position where they can claim to have no memory of anything that may implicate them in wrongdoing.
“We need to tackle the immorality that is rife within the banking industry,” he said.
“The best way to do this is to do this is to sit bankers down and ask them about incidents that they can claim to have no memory of.”
Banking Inqury
Prime Minister David Cameron has dismissed calls for an inquiry amid fears that it could harm his future job prospects.
He said: “This is criminality, pure and simple, and it has to be confronted and defeated.”
“I am determined, the government is determined, that justice will be done, and these people will see the consequences of their actions.”
“And I have this very clear message for those people who are responsible for this wrongdoing and criminality. You will feel the full force of the law.”
“That’s what I would be saying if we were talking about rioters or protesters.”
“But we’re not, we’re talking about major donors to the Conservative Party.”
