Save the City  

Oleh:

[s.n]

Jenis: Article from Bulletin/Magazine
Dalam koleksi: The Economist (http://search.proquest.com/) vol. 402 no. 8766 (Jan. 2012), page 9.
Topik: International; Demonstrations & Protests; Financial Services; Regulation of Financial Institutions; Political Behavior

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Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.69 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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Attacks on bankers by protesters from Occupy Wall Street, Occupy London and Occupy any city where a financier might have the temerity to turn a quick buck have spiced up the dreary economic news of the past year. Yet hostility is not confined to the left. Even the bankers' supposed allies are putting the boot in--and nowhere more so than in Britain. The prime minister, David Cameron, has promised to end excess in the City of London. His ministers boast about their efforts to rebalance the economy away from dodgy finance to honest manufacturing. Sir Mervyn King, the governor of the Bank of England, has made a habit of lambasting the Square Mile's short-term profits next week culture. In continental Europe the City is viewed with a mixture of loathing and covetousness. The European leaders' attacks, at least, should have an upside: their hypocrisy and self-interest should serve to remind Britons what is at risk.

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