Monday, 3 December 2012

Loss of income caused by banks as bad as a 'world war', says BoE's Andrew Haldane

Loss of income caused by banks as bad as a 'world war', says BoE's Andrew Haldane: The economic impact of the global financial crisis has been as bad as a world war and as a result public anger at banks was reasonable and understandable, said Andrew Haldane, a senior Bank of England official.