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    Mini Chronology..................

    2000.....AOC take over Time Warner.

    2007....2009..RBS take over ABN Ambo.

    Alan Greenspan cut interest rates and left them rock bottom.

    Sir Melvyn King leaving interest rates to low and waited too long when economy nose dived

    Gordon Brown praised Bankers for their remarkable achievements and cosying up to the City.Presided over an ever widening deficit.

    Bill Clinton allowed investment banks to take highly leveraged to markets and forced lenders to take a relaxed approach to disadvantaged borrowers.

    Eugene Fama financial institutions loading themselves up with toxic sub-prime debt ...bubble thinking.

    Reagan & Thatcher deregulation market forces...trickledown economies.removed constraints on banks.made

    finance more important than manufacturing!!!!! reduced trade unions powers making it harder for employees

    to secure a bigger share of national economy as in the past raising corporate profits and rewards for the top

    1 % of earners stagnating wages for ordinary folk and a higher propensity to get in debt.

    Hank Paulson Freddie Mac and Fannie Mac...Leyman Bros..Paulson triggered the biggest economic downturn since the depression.

    Kathleen Corbet as CEO of Standards & Poors presided over the poor quality loans period.

    Bankers............Fred Goodwin RBS..Adam Applegarth Northern Rock..Dick Field Leyman Bros.Jimmy Cayne Bear Steam..Stan O`Neal Merril Lynch $ 8 billion debt..Andy Hornby...Sir Victor Black Lloyds.

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