How small does the noble Lord think an organisation needs to be to fail? My experience was that even an organisation as small as the Dunfermline Building Society in the end became too big to fail because of its consequences. This is why we need to have all the steps that I have been articulating to make sure that individual organisations are safe and secure.
Financial Services Bill
Proceeding contribution from
Lord Myners
(Labour)
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 c286
Session
2009-10
Chamber / Committee
House of Lords chamber
Subjects
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Timestamp
2024-04-21 20:26:33 +0100
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