Investment banking has, in recent years, resembled a casino, and the massive scale of gambling losses has dragged down traditional business and retail lending activities as banks try to rebuild their balance sheets. This was one aspect of modern financial liberalisation that had dire consequences.
Vince Cable
More Vince Cable Quotes
Share with your Friends
Everyone likes a good quote - don't forget to share.
Words
Activities,
Aspect,
Balance,
Banking,
Banks,
Business,
Casino,
Consequences,
Dire,
Down,
Dragged,
Financial,
Gambling,
Had,
Investment,
Lending,
Liberalisation,
Losses,
Massive,
Modern,
Rebuild,
Recent,
Resembled,
Retail,
Scale,
Sheets,
Their,
Traditional,
Try,
Years
Definitions
Activities,
Aspect,
Balance,
Banking,
Business,
Casino,
Dire,
Down,
Dragged,
Financial,
Gambling,
Had,
Investment,
Lending,
Massive,
Modern,
Rebuild,
Recent,
Resembled,
Retail,
Scale,
Their,
Traditional,
Try
Copyright © 2001 - 2012 BrainyQuote
BookRags Media Network
