Fallon calls for central banks to take charge

In his address at the Risk Europe 2008 conference in Stockholm on April 22, Michael Fallon, the Conservative member of parliament for Sevenoaks and a member of the UK’s Treasury Select Committee, said central banks – not politicians or other supervisory bodies – should lead public policy responses to financial crises.

“It is extremely dangerous to allow politicians to decide which banks, building societies or insurance companies should be rescued or allowed to fail,” said Fallon, a former mi

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: