As decided by our Prime Minister Gordon Brown. I'm glad that stable door has been shut.
If only he had said it in the up of the lending cycle, a lot less people would be facing a lot less hardship. After all these are the people most likely to feel the pinch on any market price adjustments.
One commentator I read has been saying for a while that bank bosses need to be interviewed to ascertain the expected losses, and failure to disclose would mean loss of liberty - prison. This seemed a bit extreme to me when he first said it, but given the position of the country has now been so compromised for so many years - I think it is justifiable.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment