Proceeding contribution from John Greenway (Conservative) in the House of Commons on Tuesday, 19 February 2008. It occurred during Debate on bill and Committee of the Whole House (HC) on Banking (Special Provisions) Bill.
Banking (Special Provisions) Bill
That is true, but one of the reasons why Mr. Sandler was successful in the Lloyd's reconstruction and renewal project was that he had good people around him; I hope that he will have them in this case, too. We can have an argument on a difference of principle, but whatever happens at the end of this week has to be a success. If it is not, taxpayers will lose and jobs will be lost. We can have our different views, but in the end we have to come together, in a sense, to ensure that the banking institutions and banking market remain stable, jobs are protected and there is no adverse effect on competition. I end with one other point. Mrs. Ann Godbehere, the lady whom Mr. Sandler has appointed his chief executive, comes from Swiss Re, another insurance institution. I understand that her name is Dutch and means ““God protect you””. I hope that that is true as far as the employees of Northern Rock are concerned, but it is the last thing that the Government and Ministers deserve, given the shambles that they have created and the shambles of the Bill that we are being asked to approve tonight.
Secondary information
- Type
- Proceeding contribution
- Reference
- 472 c289
- Session
- 2007-08
- Chamber / Committee
- House of Commons chamber
- Subjects
- Compensation Accountability Audit Banks Competition Building societies Bank of England Liability EU law Government assistance Financial Services Authority Economic situation Property transfer Mortgages Loans Staff Office of Fair Trading Nationalisation Regulation Stocks and shares Shareholders Takeovers Treasury Virgin Group Business plans Northern Rock Granite Sunset clauses
- Legislation
- Banking (Special Provisions) Bill 2007-08
- Link
- View this Proceeding contribution on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2023-12-15 23:03:52 +0000
- URI
- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_446333
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_446333
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_446333