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The fall of Richard Fausto—a play

The devil is in the detail—and the Square Mile. A play to demonstrate the problem of moral hazard in banking

Dramatis Personae Richard Fausto: high street banker, Vincento: first advisor to Fausto Diablo: second advisor to Fausto, Morphosa: agent for Mammon Chancellor of the Exchequer, Carnage: governor of the central bank

SCENE 1: THE FAUSTIAN PACT

Setting: Fausto is in his banker’s parlour in the City of London. Enter Vincento and Diablo. FAUSTO: Come dear Vincento, you have known me long, since both of us were young. So what think you of pastures new for feisty Richard Fausto, so he may become seriously…

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