Their banks were in a worse state than ours, the  only difference between that country and ours is that they have a sensible  regulator! It therefore follows that we need to look at our lack of regulatory  common sense, but sadly that won't happen will it Mr Brown?
 When you think that London is the centre of the  Universe for fancy financial instruments yet our 'Masters of the Universe'  McKinsey regulators have once again failed to spot a dead  parrot!
 
 
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