Presidents Club Scandal Puts Spotlight On City of London’s Culture of Rape, Pillage & Plunder

Given that the City of London is the control centre of Britain’s ultra-exploitative off-shore banking business, it isn’t surprising to see it coming under fire for sexual harassment in the wake of the Presidents Club scandal. This was a ‘charity’ dinner at which an undercover reporter from the Financial Times recorded business ‘leaders’ groping and abusing the women serving them. For the City of London everything is a commodity to be bought and sold, and once this is understood the degrading way in which its ‘elite’ treat people can be better understood as a problem that includes the worst kinds of sexism but that runs even deeper and broader than that.

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Culture Mile: A Nightmare On Beech Street

If the City of London wishes to become a ‘world-class’ cultural destination then clearly it needs to dump its current arts policies that relentlessly pursue the middle-brow, apparently with the aim of facilitating corporate junkets. More of a gritty urban vibe is required, alongside cultural institutions that actively do away with the Puritanism that has characterised the City establishment for hundreds of years. The last thing needed is a privately educated knob like “Sir’ Simon Rattle promoting light orchestral garbage in a specially built and extortionately expensive ‘Centre for Music’ AKA a concert hall. The best way to vibe up the neighbourhood is the provision of a great deal more social housing, so that there is an even bigger working class population. Not that it isn’t substantial already on both the Golden Lane Estate within the City of London, and in the extensive Peabody Trust social housing that lies just over the borough boundary with Islington.

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