Quote Originally Posted by blackcap View Post
That unfortunately has been bureaucratically legislated away the last 30 years.

I do think banks though should not be regulated as much but on the flip side should also be allowed to go under and there needs to be more accountability if they bugger up their book by being irresponsible. I guess the banks are in a win/win situation at the moment, being able to use gambling mentality knowing that there is no real accountability if things go tits up.
Which is why we appreciate Adrian's attempt to look after our deposits. The bank manager has a responsibility to look after depositors money but he also has no motivation to do so, in fact he will do better by meeting his targets each month.