Written evidence to be reported to the House
Banking Bill
5:28 pm
John Pugh (Shadow Minister, Treasury; Southport, Liberal Democrat)
Can I ask a supplementary question? I read your lucid, clear submission carefully. It contains a suggestion that the first port of call might be a shareholders’ meeting to see if they can divvy up a bit more cash or replace the management, or whatever. Given the speed with which events have been moving in financial markets recently, do you now acknowledge that that is a fairly unrealistic, not a real world, scenario?