In this day and age of transparency, when even the smallest parish councillor must declare an interest if an agenda item is in any way connected to him; and when professionals such as lawyers, accountants and the like must at all times be aware of any potential conflict of interest, why does this care-fulness not extend to the top?
Alastair Darling, the British Chancellor of the Exchequer, stepped in a few weeks ago to urge the Bank of England (over which, incidentally, his boss Gordon Brown surrendered control during his days in the same post) to rescue the ailing Northern Rock bank, an ex-building society.
Only this past week did he have the gumption to admit, very very quietly, and in the middle of other news so it was “buried”, that he has a mortgage with…. guess who?
Yup, Northern Rock.
Quis custodiet ipsos custodes?
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hello! i can only say that you are really clever but about the article i can’t say something interesting because i know nothing about that. i just wanted to say that.
Now we have the (not surprising) news that Darling also blocked a bid by Lloyds Bank to take over Northern Rock before the move to bail out the latter by the Bank of England.
Today, 7 November, comes the news that because the Governor of the Bank of England spoke out and told the truth, his job might be on the line.
What price truth and honesty? I don’t think so. Not in this modern age.
angry old woman needs 2 get a life
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