Breaking up banks
In this week’s Business podcast, Aditya Chakrabortty is joined by Larry Elliott, Michael White and Dan Roberts to analyse the political and economic impact of the break-up of Northern Rock. Do you agree with the ‘good bank, bad bank’ strategy?
Also in the podcast, George Osborne’s come up with a new plan to curb the bonuses of high-street bankers. We discuss this and the regulatory slugfest between the FSA and the Bank of England. Whose side are you on – Mervyn King or Adair Turner?
Finally, Andrew Clarke reports from Chicago at the annual convention of America’s bankers. Architectural cruises, champagne receptions, and gourmet cookery classes were the order of the day in the Windy City. Unsurprisingly, there were a few protests, too
Have a listen to the show, and post your comments on the blog below.
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Breaking up banks
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