Political expediency at its finest (criminal negligence)

http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/7731216/Government-softens-on-bank-reform.html

Excerpt:

In a marked change in tone, the Conservatives and Liberal Democrats have taken a far more conciliatory approach on banking reforms since coming to power last week. New guidelines to govern the interplay between retail banking and investment banking are now more likely than an outright split, according to senior advisers.”

No comment required. The tragedy unfolds in plain view.

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