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Where do you draw the line between the Light Touch - ineffective regulation by a discredited organisation (FSA), and giving the state a controlling influence in a capitalist economy? (EU). Dr Cable paints a broad picture of the story so far, which the reader will see as a primer. But what about a solution? His model points to greater liaison between the Economic Trinity of Government, Business and of course The Banks. But the missing link is the Agent. That person or individual who makes the decisions, takes the risks and reaps the rewards. Or leads us to disaster, while they walk off with a knighthood. Pin the blame: be it understood that government, business and banks support risk takers, but foolishness will not be tolerated. Those who led us into the valley of darkness can expect to be excoriated, stripped of honour, their assets seized and denied the privilege of ever working anywhere, again. Drastic times need drastic measures ML April 2013Read full review
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