Wednesday 21 October 2009

Why banks need to be boring again

Daily Mail
"Mr King made it clear that he regards the damage rendered by the bankers worldwide as unconscionable.It has resulted in the loss of 6million jobs in the U.S., 2.5million in the euro area and 2.5million in Britain.The £1trillion of assistance provided by Britain to its ailing banks has contributed to a rapidly rising national debt which will have a terrible impact on the public finances for a generation."

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