Why is London as a financial centre being tarnished by one scandal after another, at the risk of losing its world stature as a hub for reliability and above-board dealings.
Are we lowering our moral standards for pure greed and short-lived gains?
When I worked in the City in the late 1950s the standards were very high and banks were known for their strict code of behaviour, and run by people of great integrity.
We must somehow cleanse these institutions and return to the old values if we are to survive this gloomy descent into a contagious abyss of corruption.
