TITLE

U.K. Regulator: TBTF Banks Should Pay

PUB. DATE
January 2010
SOURCE
American Banker;1/26/2010, Vol. 175 Issue 13, p20
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports that Paul Myners, the Financial Services Secretary of Great Britain, has suggested that banking institutions aided by government bailouts should take responsibility for their own financial losses in the future. Myners has voiced his agreement with voters frustrated by monetary bonuses received by bankers.
ACCESSION #
47728916

 

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