It is very hard to make sense of what is going on in the banking and financial markets from a business point of view. Clearly, banks have been taking huge risks with our money and have selling the financial equivalent of a pyramid scheme to each other, but as with all pyramid schemes at some [...]
Filed under: Alistair Darling, climate change, gordon brown | Tagged: after the credit crunch, bail out package, banking, credit crunch, lessons to be learned, pyramid schemes.due diligence, risk of advisors to banks | 4 Comments »