How should the guilty bankers be treated?

Union Leader: Give Bankers ASBOS
By Sky News
Bankers who helped spark the credit crunch should be given anti-social behaviour orders to stop them being "reckless" in the future.
A Trade Union leader has suggested speculators who acted "irresponsibly" could be banned from working, just like teenage yobs are banned from loitering.
Harry Fletcher, deputy general secretary of Napo, the probation officers union, said guilty bankers could also be given "acceptable behaviour contracts" like errant children.
He added the Government should also investigate the possibility of fining people whose "negligence" had in part forced a taxpayer bail-out of banks.
"The Probation Service deals with over 240,000 offenders every year who have behaved recklessly and caused damage and harm to innocent victims," he said.
"The behaviour of dealers and traders is exactly the same: some of them have caused alarm and distress and have behaved in a reckless way."
He said innocent people had lost their homes and jobs as a result of the crunch and bankers should not be given "impunity".
He called for financial regulators, the Financial Services Authority, or the Home Office to launch an urgent inquiry into what new measures were needed.
Geraint Anderson, author of the book City Boy, told Sky News bankers will always claim they are being stupid rather than reckless: "That's their get out clause.
"It's not so much bankers that are at fault but the bonus culture that encourages short term greedy gambling - they are just acting logically within the system that exists."
He added: "Bonuses cannot be taken off a banker once received so why think long term when taking reckless bets."
Mr Anderson also suggested bankers knew the credit crunch was coming: "They sold on to other bankers mortgages backed securities which they knew would explode at a later date.
"They knew what they were doing - these caused the problems we're now facing."

My personal conclusion would be if we acquired more education, we may not got caught up in so many challenge and be able to act sensibly and not follow the masses.
For the last 2 years, I have advocated continous learning and life learning. To a great extend I wish I had started this 20 years ago, but in life we always do what is best at the time. Anyway, I have found a first class online personal development company which can teach us to be more successful. If you like to find out more or join with me to better ourselves. Then visit www.anitali.successuniversity.com/slim
or CLICK HERE

I am also in process of developing a programme to give FREE website away, so watch this space.
or email me at sales@ebooksxtra.net