Within a capitalist economy banks perform a vital function in facilitating the production and exchange of goods and services. In return for fulfilling this role responsibly they are allowed to hold a banking licences, which brings them great benefits in terms of the ability to create money through making loans. The systematic manipulation of the LIBOR value to serve its business interests makes clear that Barclays is not a fit company to hold a banking licence. We call upon the government to withdraw Barclays banking licence.
Sign this petition
http://epetitions.direct.gov.uk/petitions/35446
Created by:Molly Scott Cato
Closing:29/06/2013
5 years ago
4 comments:
The problem here is that 20 other banks are under investigation. No doubt they are all likely to have been involved in dodgy dealings. Withdrawing licences might result in no bamks!
Its not going to happen
That attitude is why we are in this mess, dont upset the apple cart or scare the horses. Some banks are ethical and is time they were rewarded.
Which ones would they be? You've got 20 to avoid!
It still isn't going to happen though
That woyld be my point. Wait and see.
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