The speculation that the Vickers Commission was going to force the banks abroad by breaking them up clearly got the better of some hacks sympathetic to the idea. At his press conference earlier, John Vickers fielded questions from the all the usual money print scribes. Not one mentioned a perceived failure to split up the banks adequately until the BBC waded in. Both Peston and Paul Mason opened fire. Mason had a rant about “casino banking” and Peston accused them of “bottling it”. Guido’s eye and ears in the room described the contrast to everyone else’s questions as “striking”…
http://feedproxy.google.com/~r/guidofawkes/~3/g2edfVV2tig/
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