Lord Turner: 'UK banks could have recovered with a bigger bailout'
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Lord Turner: 'UK banks could have recovered with a bigger bailout'

Tōkyō : Japan | Oct 13, 2012 at 7:11 AM PDT
Source: Guardian Unlimited
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Lord Turner, who heads the Financial Services Authority, said with hindsight the banks were left in a weak state despite the billions of pounds pumped into them by the government after the Lehman Brothers collapse in 2008. With higher capital reserves, the banks would be in a position to maintain bigger... FULL ARTICLE AT Guardian Unlimited
 
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