"Investment banking has, in recent years, resembled a casino, and the massive scale of gambling losses has dragged down traditional business and retail lending activities as banks try to rebuild their balance sheets. This was one aspect of modern financial liberalisation that had dire consequences."

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Source : "The Storm ... how to survive it (and how to prevent its return)" by Vince Cable, www.theguardian.com. March 24, 2009.

Vince Cable

#Loss Quotes #Years Quotes #Gambling Quotes

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