George Osborne, Shadow Chancellor, speech to The Conservative Party Conference 2009

The transcript discusses the importance of taxpayer support for banks during financial crises, emphasizing that this support is meant for stabilizing banks, not individual accounts. It highlights the role of international rules as the best solution for financial stability. However, if funds are misused for excessive pay and bonuses, further actions, including tax measures, may be taken. Bankers are warned about the potential use of the tax system to ensure financial accountability.

What actions does the speaker reserve the right to take?

What warning does the speaker give to bankers?