One of the biggest rounds of applause came when John Neill, chief executive of Unipart, the logistics company, said that if he had sold toxic products he would have been committing a criminal offence and would have expected to be in prison.
There was a frisson in the room. The atmosphere was such that a lynch mob could have been formed for the nearest banker. That got me thinking about the conduct of some of the bankers which has ranged from gross misjudgment to selfish actions in relation to bonuses and golden parachutes which really are totally unacceptable.
