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Proceeding contribution from Bernard Jenkin (Conservative) in the House of Commons on Thursday, 5 July 2012. It occurred during Debate on Professional Standards in the Banking Industry.


Professional Standards in the Banking Industry

My hon. Friend is making a very interesting speech. Is he saying that because it was widely known that the Government were prepared to rescue the banks, the self-discipline that liability for bankruptcy provides in a banking system was abandoned and the whole market was distorted?


Secondary information

Type
Proceeding contribution
Reference
547 c1154 
Session
2012-13
Chamber / Committee
House of Commons chamber
Subjects
Banks Bank of England Barclays Financial Services Authority Interest rates Financial markets Regulation Treasury LIBOR
Link
View this Proceeding contribution on www.publications.parliament.uk