Wednesday, June 17, 2009
What they said at the Mansion House
Posted by David Smith at 10:30 PM
Category: Thoughts and responses

Mervyn King wants more supervisory powers for the Bank of England, aware that raising his eyebrows does not go very far these days. He also thinks no bank should be allowed to become too big to fail. This is his speech at the Mansion House.

Alistair Darling thinks bank boards should look at their own failings but remains confident of economic recovery around the turn of the year. He does not appear to favour limiting the size of banks but promises his proposals soon. This is what he had to say.