No, as I need to get on. The actions of banks, finance houses and the related organisations that prop them up were made possible by the Tory deregulation initiated by Reagan and Thatcher. A lack of transparency that is a probable product of that deregulation has compounded the difficulties by in effect promoting the obscurity of dealings in the financial sphere. Above all, deregulation has promoted a system based on debt.
Banking Bill
Proceeding contribution from
Frank Dobson
(Labour)
in the House of Commons on Tuesday, 14 October 2008.
It occurred during Debate on bills on Banking Bill.
Type
Proceeding contribution
Reference
480 c728 
Session
2007-08
Chamber / Committee
House of Commons chamber
Subjects
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Timestamp
2023-12-16 01:50:02 +0000
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