Proceeding contribution from Colin Breed (Liberal Democrat) in the House of Commons on Monday, 10 March 2008. It occurred during Estimates day on Northern Rock and Banking Reform.
Northern Rock and Banking Reform
Of course, banks are going to be solvent. Their problem, because of liquidity, is making their assets able to pay their deposits quickly enough. All banks that borrow short and lend long face that problem. Does the right hon. Gentleman agree that it is amazing that the FSA paid little if any attention to banks' liquidity?
Secondary information
- Type
- Proceeding contribution
- Reference
- 473 c26
- Session
- 2007-08
- Chamber / Committee
- House of Commons chamber
- Subjects
- Banks Financial institutions Nationalisation Regulation Northern Rock
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2026-02-25 15:22:19 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_453493
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