http://www.bbc.co.uk/blogs/thereporters/robertpeston/2010/10/mervyn_king_says_banking_must.html

MARTIN GILL actually wrote the above article...and yes, governments are going to have to redefine what they will 'allow' in their countries - that is, what passes for BANKING nowadays - and they will have to redefine the term BANKING by necessity because the ill do not control us anymore...and the LOEB system of control is down...

I would advise them to do it simply and sensibly...if any bank dares to try and fob you off with a 'complicated system of finance' e.g. along the lines of NPOWER and their 'crazy bills' which nobody understands...throw them out of court and deny them a 'license to trade'...until they get it 'simple enough' for the layperson to understand...that way no trickery and corruption can enter...

i can remember now...MERVYN KING knew what had happened to the LOEB system...and I had been in conversation with him...years ago now...about what he would say in NY...he was going to start the ball rolling in the right direction by pointing out that GOVERNMENTS can now easily control the banks...the boot is on the other foot...governments have the power and banks do not...a brave man, MERVYN KING...sticking his neck out a bit there...because the ill have been damaged...many have been taken out...the money they stole, has taken away from them...and naturally they are not 'happy' about it...