Part of the debate – in the House of Lords at 3:15 pm on 3rd November 2008.

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Photo of Lord Lea of Crondall Lord Lea of Crondall Labour 3:15 pm, 3rd November 2008

My Lords, if the Opposition are so keen on inquiries, it would be sensible if they recognised that a few apologies are needed from the people in the banks who increased leverage by two or three times in the past three years. If we are going to hold inquiries, do we not need a wider public inquiry? Why are the Opposition not looking at the banks?