I shall resist the temptation to follow the Minister’s political bait. He is waxing eloquently about this model and how it will work, with the three parties operating in co-operation. My noble friend Lord Higgins made the point as to how it will differ from what we have had before, and a number of other speeches have been made about that. When we had the tripartite group, if that co-operation was so important and critical, why did the principals—the governor and Chancellor—meet only on two occasions in the 10 years leading up to the crisis?
Financial Services Bill
Proceeding contribution from
Lord Forsyth of Drumlean
(Conservative)
in the House of Lords on Wednesday, 10 March 2010.
It occurred during Committee of the Whole House (HL)
and
Debate on bills on Financial Services Bill.
Type
Proceeding contribution
Reference
718 c261
Session
2009-10
Chamber / Committee
House of Lords chamber
Subjects
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Timestamp
2024-04-21 20:29:54 +0100
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