• The post you are reporting:
   
  Courtesy Guardian.............
  
  Jail threat for reckless bankers among proposals to clean up banking system
  
  Commission led by Andrew Tyrie recommends jailing bankers for 'reckless misconduct' and
  
  enforcing a wait for bonuses
  
  The proposals come ahead of George Osborne's crucial Mansion House speech to the City
  
  on Wednesday.
  
  George Osborne is facing pressure to radically overhaul Britain's banks by introducing a new law
  
  to jail bankers for "reckless misconduct" and force bankers to wait up to 10 years to receive their bonuses.
  
  The proposals, among the key measures recommended in a major report by the parliamentary
  
  commission on banking standards, also include a call on him to consider breaking up the
  
  Royal Bank of Scotland. They come ahead of the chancellor's crucial set-piece Mansion House
  
  speech to the City on Wednesday night.
  
  The chancellor is urged to restore confidence in the financial system by making top bankers more
  
  accountable for their actions in the wake of the 2008 bank bailouts, the Libor rigging scandal, and the
  
  shoddy treatment of customers mis-sold payment protection insurance.
  
  The senior Conservative MP Andrew Tyrie, who led the commission, said the 80 or so
  
  recommendations were intended to "change banking for good". They also include giving regulators
  
  new powers to halt bonus payouts and pensions for bosses of any banks that have to be bailed out by
  
  the taxpayer in the future.
  
  # 2845....so be it..........Brown caused the worlds financial crisis ?

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