Big banks are still gaming the state

Are the reforms taken forward by this government sufficient to solve the “too big to fail” problem? To quote Andy Haldane, the Bank of England’s executive director for financial stability: “No.” (Appearing before the parliamentary commission on banking standards, economist John Kay added: “I would be slightly surprised if anyone really thought they were.”)

http://www.guardian.co.uk/commentisfree/2013/may/22/banks-are-still-gaming-the-state

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