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Occupy London: ‘Fruitful and constructive’ meeting with Senior City Executive & Thom Yorke DJs

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“Only connect,” said playwright Dennis Potter towards the end of his life, as he described the potential humans have to work together for the better. The line comes from E M Forster, who wrote:

‘Only connect the prose and the passion, and both will be exalted, and human love will be seen at its height.’

A connection was made between the Occupy Movement and one of the most senior figures of City regulation, in London today, which should set an example to those US cops dumb enough to still believe violence and pepper spray are the answer.

Hector Sants, chief executive of the Financial Services Authority (FSA) met with 10 members of the Occupy London, where they had a “fruitful and constructive” discussion on “a number of important issues”. The meeting took place in a Bedouin tent at St Ethelburga’s Center for Reconciliation, as part of the Church of England’s London Connection initiative on ethics and finance. After the meeting, Mr Sants said:

“The FSA is very firmly of the view, I’m very firmly of the view, that it’s very important we listen to everybody who wants to contribute to the debate about changing the financial system.

“They undoubtedly believe the financial system needs to change further - it has already changed a lot but it should change further.

“We had a very interesting discussion, a number of very interesting points were raised. I learned a lot, I listened and I got a very fruitful and constructive dialogue, which as far as I can judge I think all parties felt.”

“We were talking about the role the FSA plays in overseeing the financial system in the UK, how we are already going about trying to achieve significant change, and I was listening carefully to those areas where they would like to see further change.”

Also present were Ken Costa, former chairman of Lazard International and the Bishop of London, the Rt Reverend Dr Richard Chartres, who set up London Connection last month. According to Channel 4 News:

Leaving the meeting, Mr Costa said he thought there will be changes: “We’re looking at a number of initiatives and trying to establish the links between the informal sector, as I would call the meeting we had tonight, and the more formal establishment.” He added: “They are very well informed and have some important questions they want answered.”

Most of the protestors agreed tonight’s meeting went well, Mark Weaver said: “It’s a long road to a just world. Many topics came up, from fractional reserve banking to hedge funds to the very ethics that drive banking. I got the impression a lot of listening was going on.”

Richard Paton, a fellow protestor, said Hector Sants, “was suggesting that we get involved in the formal political process. Which is all well and good, but the reason that tents are popping up is because that process has failed. He certainly hasn’t given us any cause to go and pack up the camp. The issues are still there. ”

Ronan McNern of Occupy London said tonight’s meeting was about “initiating dialogue,” with the City and that the issue would not be solved in one 60 minute meeting.

On Tuesday night, Radiohead’s Thom Yorke joined Massive Attack’s 3D and UNKLE’s Tim Goldworthy for a 2 hour DJ set in the basement of the Occupy London Bank of Ideas Building (aka the former UBS’s building) in the City of London, where around one hundred specially invited people attended the event.

A record label, Occupation Records was also launched today, to raise money for Occupy London. A DVD and download will be released on 15 December.
 

 

Posted by Paul Gallagher
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12.07.2011
06:15 pm
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