The Compliance of Regulation

Historian says complex regulation is result of interplay with lobbyists as crucial intermediaries. Former british diplomat carnross asks if a central bank would be any less able to the enormous political power of the banking industry. If one's scepticism that i feel about your solution, surely we should take much more radical steps to reappropriate what has in fact been appropriated by a viciously aggressive and greedy industry. Make it completely different from our current conception. Make it democratic. Make it transparent,. build co operative banks that are owned by its customers. Completely change our model.