Bank Of England Chief Mervyn King Demands Megabanks Be Split Up

mervyn king

Ben Bernanke would be a whole lot more popular if he talked like Mervyn King, his counterpart at the Bank of England.

In a wide-ranging speech, he slammed banker bonuses, demanded megabanks be split up, and warned “To paraphrase a great wartime leader, never in the field of financial endeavour¬† has so much money been owed by so few to so many.”

Read the whole thing.

Mervyn King

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