“The credit crunch has been created by the international banking crisis and not by any government failure”, or at least that is what governments everywhere keep trotting out as a mantra when questioned about responsibility for the events in the financial markets which threaten to wipe out savings and which have already cut so many [...]
Filed under: parliament | Tagged: banking crises since 1970, blame for credit crunch, credit crunch, disqualification of directors, fraudulent trading, governments protection, Insolvency service | 5 Comments »