It is noticeable just how frightened many journalists and media commentators are. In the recent banking crises hardly any of them have written or spoken openly the thoughts of almost all of their readers, viewers and listeners. The journalists are no longer fearless, but fearful. The ordinary people know the truth, which is that the leaders of the banks belong in jail, not in the boardrooms.
The concept of corporate crime is poorly developed, compared with personal crime. It is harder to put a CEO in jail because he has skimmed a few quid off all his customers or skimmed many quid of a few select customers than it is to jail a welfare cheat. The welfare cheat has a direct benefit from his cheating. Every pound wrongly claimed goes into his pocket. With the CEO he arranges for his bank to skim hundreds of millions and he benefits indirectly by a few million.
A fish rots from the head and a corporation which is corrupt and commits corrupt acts could not do so if its leader was not corrupt. Mr Diamond you belong in jail, as do many of your colleagues and competitors.