Friday, September 24, 2010

An apologist for the spivs and gamblers writes

Banking review is a chance to improve, not destroy, the system

Enough time has passed since the height of the financial crisis, two years ago, for most people to calm down. They have had plenty of opportunity to hear and debate the very many and complex arguments surrounding the future structure of banking in the UK. Those will be gone into again in formal detail, avoiding the danger of knee-jerk reactions beloved of those who assume Britain can do without its world-leading position in financial services.

Posted by devo @ 07:04 AM (863 views)
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One thought on “An apologist for the spivs and gamblers writes

  • “Improving competition has to be another policy aim but simply creating “too small to compete” banks through forced disposals by the incumbents would be counter-productive and waste an opportunity to attract new investment.” … NIce spin!!

    Hitler investigating Mao Tsa-Tung. – More centralisation.

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