"Lord Turner made a robust defence on Tuesday night of his allegations that the “swollen” financial services sector has grown too big for society.
Before an audience of bankers, the head of the City regulator said banks had to focus on essential economic functions if they were to regain society’s trust."
Tuesday, September 22, 2009
FT.com / UK - Turner tells bankers to focus on core roles:
Posted by Mother of All Carry Trades at 3:10 PM