Leslie Hardy's Articles in Loans

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Wild Parties and the Bank of England
The activities of banks which invested heavily in flawed US subprime mortgages has been likened to 'wild parties' by Mervyn King, Governor of the Bank of England. In the aftermath of a wild party, the merry makers will suffer a hangover next morning.
But the wild parties of UK and US bankers are now causing misery in the general population.

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