Public Limited Companies (Financial Regulation)

Part of the debate – in Westminster Hall at 3:24 pm on 13th March 2003.

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Photo of Mr Nigel Beard Mr Nigel Beard Labour, Bexleyheath and Crayford 3:24 pm, 13th March 2003

Of course I do not believe that. There is a reasonable risk involved in the market. However, in the two cases to which I have referred there was reckless risk taking far beyond what would normally be expected. That is the issue that I raise. The hon. Gentleman trivialises it by suggesting that I believe that people can have a risk-free existence. I am surprised that he felt his intervention to be worth while.