Sunday, 22 April 2012

Audit The Banks

Here is a good idea. Its a wonder it hasnt happened alteady.

The petition in full

A comprehensive audit of all banks and financial institutions that have received bailouts, or cash injections resulting from quantitative easing, since 2007 (including but not limited to Northern Rock, Lloyds TSB, HBOS, Bradford & Bingley, and RBS) -- A comprehensive audit of the Bank of England The following must be established:

1. What were the specific transactions that led in each case to an institution's failure, and which individuals were responsible for these transactions?

2. Full disclosure of the circumstances of every bailout and QE injection, including the role of government ministers and Bank of England staff, and precisely how the funds have been used within each institution

3. Which individuals are responsible for the continued failure of these institutions?

4. Where there is evidence of fraud or criminality what actions should be taken to bring the individuals involved to justice?

Help spread this far and wide, by email, facebook, twitter, Blogs. Exposing the fradudulent debt is essential and as Iceland shows, a bank audit - however flawed or imperfect - is one way that this can be achieved. Sign the Government e-petition, if we get to 100,000 signatures before this time next year, we shall be eligible for a formal debate in parliament.

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