Bank cannot hold taxpayer to ransom says Cable
Thu, 03 Dec 2009
"The Government must finally take control," said the Liberal Democrats Shadow Chancellor.
Commenting on reports that RBS Directors may resign if the Chancellor of the Exchequer were to block £1.5bn in banker’s bonuses, Vince Cable said:
“I would welcome their resignations, as the bank cannot hold the taxpayer to ransom.
“As a state run bank, the Government must finally take control and ensure that both its pay and lending practices are in the public interest."
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