Monday, March 19, 2012

The Shadow Banking System

Not some crazy conspiracy theory, but a talk by Lord Turner to a Business School, where he says a radical policy response is needed:

http://www.fsa.gov.uk/library/communication/speeches/2012/0314_at.shtml

This of course feeds in to that other speech by Lord James of Blackheath, about the $15 trillion fraud. Maybe things are moving?

Oh, and today Cameron puts the UK's roads up for sale - amazing!

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