Sir Vivor et al.,

What has been occurring over recent decades is a shift from market capitalism not corporate capitalism. Wherein, in one asks in whose interests does Government primarily operate all The People or the a sub-set of people, via Government? I would posit too recently the latter.

Moreover, one can compare attitudes today, with those in the 1928-1930, when most Banks (the top executives of the same) took the position that shareholder dividents (profitability) was secondary to the national interests.

We should not be protecting Banks, especially Banks thwarting the RBA's policies. The market must be allowed to operate and if it happens some Banks fail. What Bankers realised in 1930 was if the Banks worked against Government, international corporations would go around the Banking system offshore (e.g., exchange currency between themselves) and Australia would loose domestic control.

Regards,

O.