Gordon Brown: I made a big mistake on banks

Telegraph
"In his first clear admission of some responsibility for the financial crisis, the former prime minister claimed he had not understood how “entangled” the world’s financial institutions had become. ....Mr Brown, who has been criticised for no longer attending the Commons to take part in economic debates, made his remarks while addressing a conference in Bretton Woods, New Hampshire, at the weekend. It was the first time he had commented explicitly on the system of regulation that he masterminded during Labour’s first term in power. "

ED: wow, no surprise here.... he can't attend the Commons, but can make a trip to the USA.