Friday, October 16, 2009
Regulation is needed…..
What credit crunch? Bankers saved by OUR money last year gorge on bonuses ... and high-risk mortgages are back
'Bankers have already forgotten the lessons of the credit crunch, it was claimed last night. They were accused of recklessly returning to the practices that tipped the world economy towards meltdown only a year ago. Executives are queuing up to collect multi-million pound bonuses and lenders have launched a hard sell on 95 per cent mortgages, triggering a price war on the high street'