Wealth Destroyers. The Corporation of the City of London has harmed you more than you know. By George Monbiot. Published in the Guardian 1st November 2011 It’s the dark heart of Britain, the place where democracy goes to die, immensely powerful, equally unaccountable. But I doubt that one in ten British people has any idea of what the Corporation of the City of London is and how it works. What is this thing?
There are four layers of elected representatives in the Corporation: common councilmen, aldermen, sheriffs and the Lord Mayor. To become Lord Mayor you must first have served as an alderman and sheriff and “must command the support of, and have the endorsement of, the Court of Aldermen and the Livery”(9). The current Lord Mayor, Michael Bear, came to prominence within the City as chief executive of the Spitalfields development group(11), which oversaw a controversial business venture in which the Corporation had a major stake, even though the project lies outside the boundaries of its authority. 15.
Occupy the London Stock Exchange. London. Occupy LSX : l'indignation gagne Londres. We Are The 99 Percent- UK.