Proceeding contribution from Stephen Hesford (Labour) in the House of Commons on Tuesday, 14 October 2008. It occurred during Debate on bill on Banking Bill.
Banking Bill
As I have previously reminded the House, the hon. Gentleman is on record as saying that no Government could have foreseen the sub-prime mortgage tsunami that has hit the system. If that is right, and if he sticks by what he previously said, I am not sure what point he is now making. We were hit by circumstances that we could not have foreseen, and are dealing with them.
Secondary information
- Type
- Proceeding contribution
- Reference
- 480 c701
- Session
- 2007-08
- Chamber / Committee
- House of Commons chamber
- Subjects
- Compensation Consumers Accountability Bank services Banks Building societies Bank of England Bank notes Finance Financial institutions Insolvency Government assistance Economic situation Equitable Life Assurance Society Protection Mergers Nationalisation Lloyds TSB Monetary Policy Committee Scotland Regulation HBOS Financial Services Compensation Scheme National Loans Fund Northern Rock Financial Services Commission Bradford and Bingley
- Legislation
- Banking Bill 2007-08 to 2008-09
- Link
- View this Proceeding contribution on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2023-12-16 01:49:42 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_499445
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