[BITList] Bank of England minutes show how it ignored the looming crisis | Daily Mail Online

[Michael Feltham]

> http://www.dailymail.co.uk/news/article-2899860/How-Bank-ignored-looming-crisis-Minutes-reveal-staff-thought-sound.html <http://www.dailymail.co.uk/news/article-2899860/How-Bank-ignored-looming-crisis-Minutes-reveal-staff-thought-sound.html>
> 
> How Bank ignored the looming crisis: Minutes reveal staff thought system was 'sound'
> 
> Sir Callum McCarthy said UK banking system was 'sound' before crash
> Two months later prospect of full-blown banking crisis was dismissed 
> Minutes published for first time under reforms to make it more transparent
> Revelations embarrassing for Lord King - the governor throughout crisis
> 
> 
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