I expect that the Treasury Committee, with good reason, probably believes that is one of the things it is supposed to do. I am sure that our right hon. Friend the Member for West Dunbartonshire (John McFall) will want to reflect on what the hon. Gentleman has just said. However, he makes a fair point. For good and understandable reasons, which I think are shared everywhere in the House, we have had to intervene in these exceptional circumstances, to maintain stability in the banking system. Banks, too, have to remember that they need the public's support. Just as in the good times they go out trying to win customers, I hope they also remember that in more difficult times people will appreciate it if the bank stands by them.
Financial Stability
Proceeding contribution from
Lord Darling of Roulanish
(Labour)
in the House of Commons on Wednesday, 8 October 2008.
It occurred during Ministerial statement on Financial Stability.
Type
Proceeding contribution
Reference
480 c287 
Session
2007-08
Chamber / Committee
House of Commons chamber
Subjects
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Timestamp
2023-12-15 23:47:43 +0000
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