Much will be written about this i am sure. So I won't go on about how immoral it all is, most of us know that already.
But, two things came to me that I haven't read in the Telegraph.
1. just because something is within the rules doesn't make it morally acceptable. Which is why you can't legislate for morality. Government cannot be expected to set the moral tone for the country by passing laws. and just because it isn't illegal to do something doesn't mean that it is ok.
2. Didn't bankers use the same "we haven't broken the rules" argument when they sank the economy? Short selling isn't illegal. The sub prime mortgage market wasn't illegal. Being paid billions in bonuses wasn't illegal. How can we ever expect the government to deal with the injustice in the banking sector when they hare their own snouts in the trough!!
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