Saturday, May 01, 2010

Bailed out banks shouldn’t whinge about tighter controls – Cable

   Commenting on a leaked report from PriceWaterhouseCoopers on behalf of major banks warning that the impact of measures to tighten regulation of the banking sector risks a double-dip recession, Vince Cable said: “Given the scale of the bailout the financial sector has received from the taxpayer, this kind of scaremongering from the City is simply whingeing.”
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