Banking Bill — Committee (4th Day)

Part of the debate – in the House of Lords at 6:00 pm on 20 January 2009.

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Photo of Lord Davies of Oldham Lord Davies of Oldham Deputy Chief Whip (House of Lords), HM Household, Captain of the Queen's Bodyguard of the Yeomen of the Guard (HM Household) (Deputy Chief Whip, House of Lords) 6:00, 20 January 2009

I will be brief, but if the noble Viscount thinks that we are going too far and that we should not guard ourselves against financial collapse, I hope he has carefully calculated the cost of our inability to protect the financial system in recent months.