Saturday, 23 April 2016

Quote of the Week

If you believe the conservative line, Australia’s banks are not only too big to fail but too fragile to be openly investigated.
The argument goes like this: yes, the financial sector has behaved very badly, even criminally; but the establishment of a royal commission to examine the seemingly endless stream of scandals could lead to a devastating loss of confidence. [Mike Seccombe in The Saturday Paper, 16 April 2016]

No comments: