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Proceeding contribution from Lord McFall of Alcluith (Labour) in the House of Commons on Wednesday, 12 March 2008. It occurred during Budget debate on AMENDMENT OF THE LAW.


AMENDMENT OF THE LAW

Regarding 1929, I am reminded of the remarks of Judge Pecora, who undertook the commission of inquiry. He said that if the financiers had repeated to themselves time and again that two and two add up to four, they would not have got into the mess that they did. Does the hon. Lady see parallels with that situation today?


Secondary information

Type
Proceeding contribution
Reference
473 c313 
Session
2007-08
Chamber / Committee
House of Commons chamber
Subjects
Budgets Borrowing Economic situation Public sector Taxation Tax yields Budget March 2008
Link
View this Proceeding contribution on www.publications.parliament.uk