----- Forwarded Message -----
From: Iain Keith - Avaaz.org <[email protected]>
To: "[email protected]" <[email protected]> 
Sent: Wednesday, 4 July 2012, 3:31
Subject: Bankers behind bars

Dear friends, 
 

As our politicians sleep, bankers are stealing billions without fear of 
punishment. These are crimes anyone else would go to jail for. Let's wake up 
G20 leaders and call on them to stop the banking culture of crime with new 
regulations to clean up this toxic industry and end impunity. Click below to 
sign. 

 Banks are getting away with theft and fraud -- crimes the rest of us would go 
to jail for. A fresh Barclay's bank scandal has just been exposed with 
mountains of evidence of wrongdoing -- but not one person has been arrested and 
Barclay's Bank has been fined just a fraction of its £6 billion profits! An 
outcry now can toughen up banking laws and bring the banking menace to an 
end.G20 leaders have announced that they want to pass real regulation that 
stops banking crimes, but they have yet to act. Still, the US has made key 
moves to close loopholes and there is an inquiry right now in the UK. We can 
ride this momentum and push all G20 leaders to pass tough bank crime laws 
now.We have a chance to clean up this rotten industry -- and our jobs and 
future depend on it. The leaders of the 20 most powerful economies have already 
said they want tougher banking rules. Let's make those words mean 
something. Sign the petition below, and when we reach 1
 million, we’ll deliver it to G20 leaders with a huge media storm:  
http://www.avaaz.org/en/bankers_behind_bars/?bkJXjab&v=15719Once again, we're 
seeing bankers commit crimes sheltered from punishment, even though they 
destroy people's lives by forcing them out of homes and jobs. Four years of 
scandal after scandal has shown that the industry is perpetuating a toxic 
culture that puts greed and self-interest before what's good for the 
people.Barclays was recently fined $450m, which is nothing compared to the 
money their questionable activities made them. When drug dealers are arrested, 
police seize their illegal money and all the possessions bought with it, why do 
bankers instead get big payouts and massive pensions?Right now the punishments 
don't fit the crime and so law breaking is incentivised, but this could end if 
our politicians act boldly. Years ago they said the banks were too big to fail 
and poured trillions of our money to bailout the banks.
 Now they need to stop the criminal culture by making sure that this money is 
regulated, and that anyone who acts illegally faces the full extent of the 
law.The US already introduced tougher measures in 2010 and a parliamentary 
inquiry is underway in the UK. The banks are feeling the heat, and now if we 
can use this momentum to hold all G20 leaders to account, we can win and 
finally clean criminals out of our banks. Sign the petition below: 
http://www.avaaz.org/en/bankers_behind_bars/?bkJXjab&v=15719The reckless, 
illegal and irresponsible behaviour of banks has caused an economic crisis 
around the world, leaving hundreds of millions of people affected. Today we can 
take the first step towards a true recovery by ending the criminal culture 
which has caused this disaster.With hope,Iain, Alex, Antonia, Giulia, Luis, 
Ricken and the entire Avaaz teamMore information:FSA’s Turner Says Banks 
Culture One of ‘Cynical Entitlement’ (Bloomberg)
 
http://www.bloomberg.com/news/2012-07-03/fsa-s-turner-says-banks-have-culture-of-cynical-entitlement-1-.html
 Banking Reforms after the Libor scandal (Financial Times) 
http://blogs.ft.com/martin-wolf-exchange/2012/07/02/banking-reforms-after-the-libor-scandal/#axzz1zY8LnZHS
 Barclays Libor scandal: how can we change banking culture? (The Guardian) 
http://www.guardian.co.uk/business/2012/jul/02/barclays-libor-scandal-change-banking-culture
  
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