Pat McFadden, a Labour MP who sat on the commission, said: “Our report is about tackling the cultural and standards failings in banks. From running unacceptable risks with other people’s money to PPI mis-selling, money laundering and Libor interest rate rigging, these failings have been a betrayal of the taxpayers who bailed out the banks and the majority of good honest people who work in the industry.”  The Guardian reports.  Should More Bankers Be Jailed