Wednesday, 26 August 2009

Head in the Sand

Paul "Scoop" Waugh at The Standard
has what could potentially come a big headache for Brown:

"Gordon Brown ignored a stark warning that "toxic" bank loans could lead to global financial collapse, a leading US hedge fund chief has revealed.

Jim Chanos said that Mr Brown, while Chancellor of the Exchequer, was given a briefing that predicted banks were in dire danger - more than a year before the crisis hit last year.

Cheers Gordon.

Image via
The Rascal


Post a Comment