Paul Tucker, the [Bank of England's] executive director for markets, said banks had to incur the losses when things went wrong and that changes to the banking sector had not gone far enough yet to allow for that.
"If we have a system where banks take the upside, but the taxpayer takes the downside, something has gone wrong with capitalism, with the very heart of capitalism, and we need to repair this," he told BBC television.
"We want the upside to go to the shareholders and to some extent the managers, but the downside must go with that too. This is going to require big changes internationally."
The central bank itself is the biggest and most dangerous interloper in the capitalist system. It is no quirk of ideology that it is a central plank of Marx and Engels' Communist Manifesto, thus: