Summary
ALMOST two weeks after the earthquake at Northern Rock shook the country to the core, finally a high profile business figure has dared to challenge the authorities handling of events.
In his speech to the North Eastern CBI last night Richard Lambert - a former member of the Monetary Policy Committee - reprimanded the Treasury, the Financial Services Authority and the Bank of England for their clumsy response to the crisis.See the full content of this document
Extract
Lambert Turns His Guns ; Comment
Lambert spared the blushes of no one. The Governor of the Bank of England Mervyn King was censured for the feeble excuses he offered the Treasury Select Committee when questioned about his role.
Lambert...See the full content of this document
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