This petition is now closed, as its deadline has passed.
We the undersigned petition the Prime Minister to stop the financial industry turning their crisis into ours by changing the traders commision structure. More details
Submitted by John Andrews B.Sc MIoD of NAPIT – Deadline to sign up by: 18 January 2009 – Signatures: 4
Whilst there is no quick fix for the current situation this idea may go some way towards helping to bring about some stability. First it was uncontrolled greed and reckless lending; Now it is share price speculation and panic by (mainly young) people who have virtually no life experience or grasp of the real worl;. If when dealing shares, just one percent of the trader’s commission was paid to the company whose shares were being gambled with and this had to be paid by law throughout the whole world; Then both the economy and the companies within it would receive an enormous financial boost at the very time that their financial future was being threatened by the financial traders gambling addiction; This would have to be agreed globally of course otherwise share trading would just move to another country– over to you Mr Brown