Lord Turner of FSA attacks free banking

Lord Turner, the head of the Financial Services Authority thinks Britain's tradition of free bank accounts is wrong and we should be paying the banks for looking after our money. Can somebody tell me what is actually free about free banking? They have our money, because very few companies will actually pay their workers in cash these days and so we have no choice, they then lend us our own money at exorbitant interest rates and pay us sod all for giving them the money in the first place. At one time we actually got interest on our savings, but now it is all used to finance big banking frauds and big bonuses for those responsible for those frauds. It is time the banks got their houses in order and started remembering that it is their customers who are both their investors and their biggest asset. I am no socialist, but it is time the big corporations, bankers and politicians are reminded just who put them where they are today; the general public. Personally I would set up a guillotine in Thread Needle Street and then heads would really roll, but until the revolution starts just remember banker is spelt with a capital W.