On banks, I make no apology for attacking spivs and gamblers who did more harm to the British economy than Bob Crow could achieve in his wildest Trotskyite fantasies, while paying themselves outrageous bonuses underwritten by the taxpayer. There is much public anger about banks and it is well deserved.
Vince Cable, a British politician, expresses his frustration with the banking industry, criticizing those who engage in reckless and harmful practices, such as taking excessive bonuses while putting the economy at risk. He argues that these actions are unacceptable and that the public has a right to be angry about the situation.
Vince Cable's quote highlights the importance of responsible financial practices and the need for accountability in the banking industry. He emphasizes that the actions of reckless bankers can have far-reaching consequences for the economy and the public.
The quote is set in the context of the global financial crisis of 2008, during which many banks were bailed out by governments and received significant financial support. This led to widespread public anger and frustration with the banking industry.
Vince Cable is a British politician who served as the Secretary of State for Business, Innovation and Skills from 2010 to 2015. He is a member of the Liberal Democrats and has been a vocal critic of the banking industry's practices.
The quote emphasizes the importance of responsible financial practices and the need for accountability in the banking industry. It highlights the need for stricter regulations and greater transparency in the financial sector.
Some critics have argued that Vince Cable's views are too harsh and that the banking industry is not entirely to blame for the global financial crisis. Others have praised his efforts to hold the industry accountable and to promote greater transparency and regulation.