https://notayesmanseconomics.wordpress.com/2016/02/23/what-is-wrong-with-our-banks-how-many-surprises-can-there-be/
It was only a week ago on the 15 th of this month that I analysed the
state of play in some of our banks and highlighted the clear and present
danger of them being as the Cranberries put it “Zombie, zombie,
zombie”. One of the features of this situation is that official reports
tell us that the banking sector has made vast strides forwards with
higher capital levels and better standards for lending and staff. This
is from a speech this month by Andrew Hauser an Executive Director of
the Bank of England. In the likely event you have not heard of him
either well there are so many of that sort of rank at the Bank of
England these days as Mark Carney builds an empire and inflates its
upper echelons.
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