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Cable Blasts Bankers with Brickbats
ruggedtoast
Posts: 9,819 Forumite
http://www.guardian.co.uk/politics/2011/dec/20/vince-cable-attacks-whinging-city
Putting himself somewhat at odds with Call Me Dave and his stockbroking family.
Vince Cable has served notice on the "whingeing" City that the coalition government will ignore the special pleading of bankers to make the economy less dependent on a sector that has caused "immense damage" to Britain.
Writing in the Guardian, the business secretary says the caricature of the City as a "source of systemic instability, unfettered greed and industrial scale tax dodging" is true, but he blames a small number of "rogue institutions" and a "sub-caste of financiers" for the blow to the Square Mile's reputation.
Putting himself somewhat at odds with Call Me Dave and his stockbroking family.
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Comments
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ruggedtoast wrote: »
Putting himself somewhat at odds with Call Me Dave and his stockbroking family.
There's a world of difference between a stockbroker and an investment bank.........0 -
Go to the Mark Thomas podcast site, and listen to an interview with Vince from back in 2008.
At least he is consistent about his views on the banks.0 -
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Thrugelmir wrote: »There's a world of difference between a stockbroker and an investment bank.........
Is that like the difference between alligators and crocodiles?0 -
I am beginning to wonder what the point of Vince Cable actually is.0
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Thrugelmir wrote: »There's a world of difference between a stockbroker and an investment bank.........
Don't confuse him with facts.0 -
ruggedtoast wrote: »Is that like the difference between alligators and crocodiles?
What is the difference between Vince Cable and someone who pays his tax on time?
The man is a complete hypocrite0 -
I am beginning to wonder what the point of Vince Cable actually is.
To give everyone a laugh.
Vince Cable has fallen into Govt by luck and has been shown to be outclassed and overwhelmed by the requirements and responsibility that it brings. Having a bit of power is what the LibDems needed to show that they couldnt just agree with everything that is popular to try and win votes. Vince Cable is the LibDem that has struggled the most from the injection of reality in to their ideals.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
"Cable Blasts Bankers with Brickbats"
I imagine they are terrified.
It's like being savaged by a poodle.......Nothing is foolproof, as fools are so ingenious!
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