Tuesday, December 9, 2008
Finally the banks speak
Lenders slam government policies
The government's priorities for lenders are "conflicting and incoherent", a banking group has said.
Posted by holding out @ 11:36 AM (733 views)
One thought on “Finally the banks speak”
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paul says:
The BBC still trying to spin it positively, hinting that prices might bottom out (supported by de-contextualised comment from VI), hinting that the price drops might not be too bad in some areas (supported by isolated one-sided statistic).
This demonstrates exactly what Report Peston said “As for the media, we certainly could have shouted louder about the risks of all that debt being accumulated – but perhaps the volume control was set a little too low because of all the splendid advertising revenue that was generated by the property boom.”
In the BBC’s case its viewers for their weekly propertyporn orgy, and self-interests. MPs have to declare their interests before being allowed to espose a point of view as their constituents, so why do BBC editors not have to do the same for its readers?