Bank crisis lessons ‘not learned’ » financialsurfer.com

Bank crisis lessons ‘not learned’

September 15th, 2009 | Category: Economy
A year after Lehman Brothers collapsed, a think-tank has warned the lessons of the crisis have not been learned. The Institute for Public Policy Research (IPPR) says the rapid return to the City’s bonus culture shows real reform has been “very limited”. The warnings echoed a speech by US President Barack Obama, who warned of complacency in the banking sector. Also, UK Prime Minister Gordon Brown said that there was “unfinished business” with the banking sector. “Alarm…

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