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Lord Mandelson on why the banks aren't just allowed to go bust?

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Uploaded by on Mar 17, 2009

In an interview with entrepreneur Theo Paphitis on Yoosk - the interactive interview magazine - Britain's Business and Enterprise Secretary spells out the importance of coordinated action to deal with the global crisis and avert the threats facing small and medium-sized enterprises.

In this extract Theo Paphitis asks Lord Mandelson why the banks aren't just allowed to go bust instead of being bailed out.

A transcript is available here.
http://www.berr.gov.uk/files/file51301.doc

Category:

News & Politics

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Standard YouTube License

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