The Good Banking Forum includes a unique range of leading figures from academia, finance, politics, the law, trade unions, consumer and civil society groups that are demanding real reform of the banking sector.

The Forum emerged from the Good Banking Summit, organised by nef (the new economics foundation) and Compass in May 2011. The Forum challenges the limited scope of the Independent Commission on Banking, will mobilise public pressure for ‘Good Banking,’ and is campaigning to break-up the banks as a necessary first step.

Archive for January, 2012

‘My adversary is finance’ says French Candidate

François Hollande, the candidate for the Socialist Party in France who is leading the opinion polls ahead of the presidential election this spring has used his opening speech of the election campaign to speak about the power of finance and the financial crisis, he said:

“The financial crisis has destabilized governments. The markets have gained universal rights, thanks to huge public debts. Europe cannot protect its currency against speculation. Our country faces record unemployment. It is sinking down into recession and austerity. Doubt is on the march. I see it every day. It weighs down Europe. It nurtures distrust of democracy itself”

You can read more of his speech at http://www.marketwatch.com/story/my-adversary-is-finance-french-candidate-says-2012-01-23?pagenumber=1

Ben Dyson – What Exactly Is Wrong with Banking Today?

It’s common knowledge that printing your own £10 notes at home is frowned upon by Her Majesty’s police. Yet there’s a small collection of companies that are authorised to create more new money than the counterfeiters have ever been able to print. In industry jargon, these companies are called “monetary and financial institutions”, but you probably know them by their street name: “banks”.

 

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