Labour: £1bn of UK banking fines should go to NHS

[barryqwalsh]

A billion pounds of banking fines should be spent on the NHS, Labour's Ed Balls has said in a conference speech.

The shadow chancellor said the money - from banks fined for manipulating foreign exchange markets - should be used for "a wider good".

Labour 1bn of UK banking fines should go to NHS - BBC News

 

[barryqwalsh]

Maybe the US could get additional revenue for Medicare and Medicaid from banks?

 

[CowboyTed]

Fine them 20% of their profits for the next 10 years...

 

[barryqwalsh]

Why bank when you can build society?

I don't use banks anymore, I only join Credit Unions and Building Societies.

As they are membership owned, there are no greedy shareholders to be satisfied.

 

[Manonthestreet]

Meanwhile the manipulation goes on and 1 bil doesnt begin to cover the money they stole.......people should be going to jail.........