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The Guardian - UK
The Guardian - UK
Business
Zoe Wood

Bankers find that crime does pay

If you're cheesed off about the taxpayer funding the bail-out of the banks, you'll be even more irked that the credit crunch has made a career in the City (police that is) more attractive to bankers.

According to today's FT, the City's economic crime department is targeting financial institutions to bolster the ranks of the economic crime unit. And with the bonus bonanza now over, the rozzers in the Square Mile are finding it much easier to get bankers and analysts to make the switch to the public sector.

"Two or three years ago those were people who were difficult for us to recruit, now we're not finding the same level of difficulty," says bureau chief Steve Head.

Sure, it will help the unemployment figures - and they are probably better versed in CDS's than the CID - but is this really the best the police can do, recruit from within? Do other forces seek to harness the expertise of former burglars? Why not just declare a banker amnesty and get them all to 'fess up to their own crimes?

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