PCS union votes to fund anti-cuts candidates at the next general election. Attila the Stockbroker sings his recent song, âLootersâ. Libor rate is the key rate in all financial transaction right across the globe. Barclaysâ former Chief Executive Bob Diamond appears at the Treasury Select Committee. Co-founder in 1981 of Bristol based investment & stockbroking bank Hargreaves Lansdown is interviewed on BBC Radio Bristol. But former forces broadcaster John Darble fails to challenge Peter Hargreaves on why his âzombie firmâ is kept alive on public subsidy or the question of the morning, whether he thinks bankers should be locked up? The City of London and Wall Street investment banking parasite is devouring the public and society, its host. The banks can not be allowed to fail but neither can society, which is the highest political priority? Unemployment in EU now highest since the introduction of the Euro. Youth unemployment at 22.6% but an astronomical 52% of under 25s in Spain & Greece are now unemployed. It was the 2008 public bailout that kept his company going. Marina Morris looks at sexual abuse in state run childrenâs âcareâ homes. Voxpop this week asks who is to blame for unemployment and what should be done about it. Defiance against debt bullies & locking up criminal bankers wins Icelandâs president Grimsson a record fifth term. News review with National Vice President of Public and Commercial Services Union (PCS) John McInally.
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