Vince Cable, Liberal Democrat Chancellor, speech to the Liberal Democrat Party Conference 2009

The transcript critiques the overreliance on the financial services industry and the lack of reform by Gordon Brown. It proposes principles for financial transparency, including full disclosure of bonuses and perks for high earners. The text advocates for breaking up large banks to prevent taxpayer liability and criticizes the casino-like operations within the banking industry, calling for straightforward banking practices.

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