A banker singled out by David Cameron for praise in his party conference speech has claimed that criticism of bankers is comparable to child abuse.
made the bizarre and shocking comparison between the treatment of bankers after the financial crash, and abuse of a child or pet.
Alastair Lukies told LondonLovesBusiness.com:
“…It’s like having a pet or a child. If you keep smacking it and you keep on shouting at it, then ultimately it’s going to cower in the corner and not do anything, it’s going to freeze.”
Scrapbook is reminded of former Barclays boss Bob Diamond’s insistence, before the Treasury Select Committee, that the banks’ “period of remorse and apology” should be over. Diamond, of course, was subsequently forced to resign over his role in market manipulation.
At the Conservative Party Conference earlier this month David Cameron specifically complemented Lukies, telling attendees:
“There are so many opportunities in this world. I want to tell you about one business that’s seizing them. It’s run by a guy called Alastair Lukies… He’s been with me on trade missions all over the world – and his business is booming.”
At Tory conference 2011, the only British company namechecked in Cameron’s speech was JCB, whose owner had donated a mere £4,000,000 to the Conservative Party.