The Financial Services Ombudsman is failing the public
Comment: When it comes to keeping the financial industry in check, the system has failed
T he maintenance of a balance between the financial industry and ordinary people is a critical issue of our time. It is critical because of the immense and growing power that capitalism vests in the financial and banking system.
Who after all, other than a bank, can hold a nation to ransom?
And even after the bailout and all the austerity hundreds of thousands of our citizens remain chained to massive debts, to ...