The irony of Gordon Brown telling British
http://www.ft.com/cms/s/0/39805ecc-0a41-11dd-b5b1-0000779fd2ac.html
and American bankers
http://news.bbc.co.uk/1/hi/uk_politics/7347995.stm
to tighten their belts, come clean on their hidden debts and pass on the interest rates reductions to account holders is amazing to see....
considering that the bank that Gordon now owns has not passed on these rates
http://news.bbc.co.uk/1/hi/business/7346081.stm
that his government wanted to keep this debt off the books
http://www.guardian.co.uk/business/2008/feb/07/northernrock.economics
and that the regulatory environment that he created failed to cope with the situation on a fundamental level:
http://www.economist.com/world/britain/displaystory.cfm?story_id=10978416
actually maybe he is the best person qualified to talk about these issues!
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