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King Admits Failing to ‘Shout’ About Risk

May 03, 2012

Repairing the economy and regulating banks is “the biggest challenge the Bank [of England] has faced for decades,” Sir Mervyn King said on Wednesday in a speech in which he conceded for the first time he should have “shouted from the rooftops” about risks before the financial crisis.

Source: http://www.cnbc.com/id/47274594?__source=RSS*tag*&par=RSS
 
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