FT.com – What to do with Britain’s banks


An excellent article from the FT:

The starting point for any analysis must be with some harsh realities.

The first is that banks enjoy a state-supported licence to create money. …

Second, the regulators failed to represent [the interests of taxpayers]. …

Third, the views of the bankers on what should be done are of small interest. …

read more | digg story

Tags: ,

Comments & Responses

Comments are closed.