‘Masters of economic universe’ still in control

I WAS watching the British economist and political commentator Will Hutton on a TV programme (April 27) that dealt with the financial collapse and the role of bankers and other “masters of the economic universe” in it.

At one point, Hutton observed that leading up to the collapse these people had gambled with hundreds of millions of pounds of other people’s money in order to make fortunes for themselves.

Have they suffered for this? Not at all. They kept their bonuses and massive pension pots, and some of them were re-employed in positions of responsibility, while others ran with their money to tax havens.