Quote:
Originally Posted by HarryT
It certainly appears to be the prevailing view in the UK that the deregulation of the 80's went rather too far, and at least played a significant contribution in the problems faced in the last year by the UK's banking system, even if it wasn't the ultimate cause of them.
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The recent C4 Despatches documentary on the credit crunch pointed an accusing finger at Gordon Brown's regulatory reforms when he was Chancellor since Labour came to power.