The complexity of bank reform cannot be underestimated
Originally posted by 5corpio
In the summer of 2008, Tom Scholar, now the Second Permanent Secretary at the Treasury, was part of a small Government team that drew up a set of plans which were put into action only months later, nationalising large swathes of the British banking industry. Tomorrow, Mr Scholar will become the lead member of a Treasury triad charged with the equally important task of making sure that it never happens again.When the Independent Commission on Banking publishes its final report, bringing down the curtain on 15 months of work, Mr Scholar and a Treasury team will take up the reins of makin....Read more here---> The complexity of bank reform cannot be underestimated - Telegraph