Concerted Intervention

The Glorious Successor has demanded that credit card companies change their rules to make it more difficult to repossess homes, while his little Darling has demanded that oil companies give up some of their shareholders' profits so that the Britain's carbon footprint may be kept at a size appropriate for a global power. Both of them have urged banks to behave as if there were confidence in the global financial system, even though there isn't. Nevertheless, the final decision remains with the credit companies, the oil companies and the banks. Legislation is not being drafted, penalties are not being increased, prison sentences will not be meted out, and victims will not be making headlines. It's only a crisis, not a catastrophe.