Bargaining

Seeing the British establishment struggle with the financial sector is like watching an alcoholic […]. Until 2008 there was denial over what finance had become. […] But the scandals kept coming, and so we entered stage three – what therapists call "bargaining". A broad section of the political class now recognises the need for change but remains unable to see the necessity of a fundamental overhaul. Instead it offers fixes and patches.

All the materials, therefore, existed for an interminable series of hagglings, bargainings, and blackmailings.