NEWS FROM MY UK CORRESPONDENT

ON THE FIFTH ANNIVERSARY OF THE LEHMAN BUST

Two BBC radio programs that are blunt and open about 2008. Far more blunt and open than they were in 2008!

http://www.bbc.co.uk/programmes/p01g94xb

This first one makes it clear that taxpayers now and for future generations are the ones who will be footing the bill for the “bail-outs”.

http://downloads.bbc.co.uk/podcasts/worldservice/bizdaily/bizdaily_20130913-0954a.mp3

In the second one there is a fantastic interview with Alistair Darling (from the 2:20 mark) I trusted him more than I trusted anyone else at the top in the UK or the US at the time. And this interview reinforces my assessment 5 years ago. He won’t win any friends in the US for his openness here.

– Keith Thomas

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