Queen gives the Bank of England a lesson in economics
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12 سال پیش
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The Queen discusses the financial
The Queen discusses the financial crisis with Bank of England staff and asks whether people "got a bit lax".
During a tour of the Bank of England on Thursday, financial policy expert Sujit Kapadia said he wanted to answer a question the Queen had asked academics at the London School of Economics in 2008 about why no one saw the financial crisis coming.
He said the City had got "complacent" because it thought risk was being managed better than it was, and the financial system had become too interconnected.
The Queen, who listened intently, said: "Well perhaps, I suppose in money terms, it is very difficult to foresee, but people had got a bit lax, hadn't they?"
One bank employee admitted that, "complacency crept in".
Both the Queen and the Duke of Edinburgh were invited to sign an unissued £1 million note instead of signing a visitors' book.
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During a tour of the Bank of England on Thursday, financial policy expert Sujit Kapadia said he wanted to answer a question the Queen had asked academics at the London School of Economics in 2008 about why no one saw the financial crisis coming.
He said the City had got "complacent" because it thought risk was being managed better than it was, and the financial system had become too interconnected.
The Queen, who listened intently, said: "Well perhaps, I suppose in money terms, it is very difficult to foresee, but people had got a bit lax, hadn't they?"
One bank employee admitted that, "complacency crept in".
Both the Queen and the Duke of Edinburgh were invited to sign an unissued £1 million note instead of signing a visitors' book.
Read more: http://www.telegraph.co.uk/news/uknew...
Get the latest headlines http://www.telegraph.co.uk/
Subscribe to The Telegraph http://www.youtube.com/subscription_c...
Like us on Facebook Facebook: telegraph.co.uk
Follow us on Twitter Twitter: telegraph
Follow us on Google+ https://plus.google.com/1028913550727...
Telegraph.co.uk and telegraphtv are websites of The Daily Telegraph, the UK's best-selling quality daily newspaper providing news and analysis on UK and world events, business, sport, lifestyle and culture.
12 سال پیش
در تاریخ 1391/09/23 منتشر شده
است.
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