Lib Dem leader says banks have lost their ‘moral compass’


MP Nick Clegg, Leader of the Liberal Democrats, who still appears to me to be alarmingly reminiscent of the character of Hugo Horton from The Vicar of Dibley, is reported as saying that he believes banks have lost their ‘moral compass’, employing extravagant lending policies that triggered the credit crunch.

Monday, September 15th, 2008

tags: , , ,