HSBC chairman Stephen Green spoke about the financial crisis. He said “We’re in a better place than we were then” although “there has been a huge breakdown in trust.” Like many bankers, Green acknowledged “political initiatives on both sides of the Atlantic,” but was not ready to cede the terrain to politicians. “It is very important,” he said, “that we don’t throw the baby out with the bathwater.”
Political initiatives were best described as “anger and hostility directed toward bankers” according to many.
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