Newsnight’s economics editor Paul Mason is presenting a programme called Credit Crash Britain on BBC2 this evening. As part of his investigation, he discovered an internal document from HBOS, written in 2004, which shows:
- the bank knew there was a mismatch between the sales culture and the risk controls: the risk controls had “not kept pace” [...]
Read the complete post at http://flipchartfairytales.wordpress.com/2008/10/30/its-the-culture-innit/
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30 Oct 2008 1:43 PM
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Flip Chart Fairy Tales
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