He argues that there is no need for a Libor inquiry and argues this sort of excess and dishonesty is bred by the boom stage of the boom-bust cycle. He argues we would be much better off investigating and curbing the excess and dishonesty of poiticians who created an artificial and unsustainable boom.

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Summary

Dr Eamonn Butler writes on ConservativeHome on why the corruption of our economy and financial system is down to politicians, not bankers.