A must watch for all of us who are committed to defending the living standards of working people is being shown tonight on Channel 4 at 8pm http://www.channel4.com/programmes/dispatches/episode-guide/series-63/episode-1
As the government prepares an emergency budget to help pay for the bank bailout, Will Hutton investigates the banks and what they've done with our money. He discovers that while ordinary taxpayers take the pain, for the banks it's largely business as usual.
Hutton analyses the banks' accounts and shows how they are using government-guaranteed funds to gamble with derivatives as they did before the crash. He also reveals how the banks are still paying vast salaries and bonuses, and City head hunters tell Dispatches how the banks hide the sums they're really paying out.
