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Proceeding contribution from Vincent Cable (Liberal Democrat) in the House of Commons on Wednesday, 18 March 2009. It occurred during Opposition day on The Economy.


The Economy

The right hon. Gentleman is absolutely right, and some of the hedge funds, for example, continue to operate in a reasonably lightly regulated way, provided they have proper capital, if there is a system issue involved and provided that they are transparent. That is an important justification. It is not just a question of more severely regulating the retail operations of the banks.


Secondary information

Type
Proceeding contribution
Reference
489 c962 
Session
2008-09
Chamber / Committee
House of Commons chamber
Subjects
Debts Business Banks Advisory services Borrowing Finance Financial services Financial institutions Government departments Income Government assistance Financial markets Government shareholding Economic situation Pay Public expenditure Mortgages Pension funds Monetary policy Regulation Taxation VAT Unemployment Government guaranteed credit Loan guarantee scheme
Link
View this Proceeding contribution on www.publications.parliament.uk