InspiringQuotes

Vince Cable Quotes:

Ocupation: British Politician

Life: b. May 9, 1943

Birthday: May 9

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

source: "The Storm ... how to survive it (and how to prevent its return)" by Vince Cable, www.theguardian.com. March 24, 2009.

topic: Loss, Years, Gambling, Lending, Investment Banking, Balance Sheets

Related Authors

Authors starting with Letter

Topics starting with Letter