'No high-ranking banker is in jail..'<blockquote>'The subprime debacle revealed that America had a financial system of the bankers, by the bankers, and for the bankers—consumers and shareholders be damned.
To a large extent this is
still true.
No high-ranking banker is in jail, the biggest banks have grown even bigger, bonuses are once again setting records, and at this moment, more than 3,000 banking lobbyists are hard at work in Washington trying to water down the reforms that were enacted in the wake of the crisis.'
- Gary Hamel,
What Matters Now (2012), page 17</blockquote>
Context<blockquote>
'..inflation cannot be considered as a way of life and that it is imperative to return to sound monetary policies.''First, Let's Fire All the Managers'Banking Reform'Banks have learned nothing from the credit crisis. Two-thirds of the profit goes towards bonuses. So in a crisis they must be saved again.'
'Banken hebben niets geleerd van de kredietcrisis. Tweederde van de winst gaat op aan bonussen. Bij een crisis moeten ze dus weer gered worden.'
- Jacob Schoenmaker,
'68% winsten zakenbanken naar bonus', 17 mei, 2012</blockquote>