[英伦广角] 【整理】2009-03-01 英银行体系改革

serena_she

Home

 

These are momentous times and now a banking failure that has contaminated to the whole economy. We're being lashed by an economic hurricane, people's savings, mortgages and jobs at risk. It may be called a party policy forum, but it seems there's no discussion when it comes to the banking crisis. Gorden Brown's rewriting the banking rule book. Like it or not, this, he says, is how it's going to work. Holy state-owned Northern Rock would become a mortgage bank for home buyers and home owners. RBS-NatWest, which is 83% government owned, would be geared towards small business lending. There's a promise, too, of an industrial bank and investment bank which, Brown claims, would fund innovation also on the cards, are publically owned savings bank which may become the responsibility of the post office. "Our task must be nothing less than to rebuild a financial system where it is failed and then to create an economy in which banks are no longer serving themselves, but are seving the public of this country." The fact these changes have been driven by the former iron chancellor said some comfortably with the conservatives. "You have to look at who's been running the banking system the last 12 years, first of all. And the man has been running the overall economy has, of course, been Gorden Brown, of the man who set up the banking supervise assistant in 1997 was, of course, Gorden Brown. So I think it's been rich for him to come out and produce a blue print." Despite posting phenomenal losses this week, banks, even the worst performers RBS and H ,in fact, make profit in their retail banking divisions. Critics say it's high time for big changes to Britain's banks. "There's been no attempt to put government directors on the boards, no attempt to give any strategic direction on lending to salvage the companies, no attempt to overhaul the scandals around the regulation and pension payments. And the government is really just can't have to move away from the high political * to actually doing something with the banks which is rescued with public money." And since the prime minister was on the subject of reckless decision of the past, there was a mention too about blush Sir Fred Goodwin and his pension. * Lord Mendelson to call on his better nature and hand cash back. "If Sir Fred Goodwin has any sensitivity at all about what people feel about this, what people feel about a man taking away, such a vast for the rest of his life on the back of biggest corporate loss and collaspe in the British business history, he will do the right thing, if he's thinking." Who knew what and when when it comes to Sir Fred's, pension has now more or less been put to bed. To a large extent, so too, has the question, who do what and how when it comes to the banking of the future. Paul Harrison, Sky news.

ChungCheahSo

Home Work

 

It's a the / times and now will banking failure that is contaminating the whole economy were being lashed by economic hurricane, people's savings mortgages and jobs at risk. It may be called a party policy forum, but it seems that is no discussion when it comes to the banking crisis. Gordon Brown realizing the banking / like it or not, this he says it is how it's going to work. Holy's state-own northern rock would become a mortgage bank for home buyers and home owners. RBS now to west which is 83 percent government owned would be given towards small business lending. That's a promise too, of industrial bank and investment bank which Brown claims would fund innovation also on the cards, a public on savings bank which may become the responsibility of the post office. "Our task must be nothing less than to rebuild a financial system where just fell, and then to create an economy in which banks are on longer surviving themselves, but they surviving the public of this country." The fact these changes have been driven by the former // seek some comfortely with conservatives. You have to look who has been running to banking system the last twelve years,first of all, and the man has been running the overall economy has cause been Gordon Brown, of the money set up the banking supervisory system in 1997 was cause Gordon Brown. So I think it is big rich for him to come up to produce blueprint. Despite posting phenomenal losses this week. Banks even the worst performance RBS and HFAX, in fact, make a profit in their retail banking divisions. Critic say it's high time for big changes to British banks. Being not attempt to govrnment directors on the boards, not attempt to get any strategy direction lending to small business companies, not a time to overhold the / around regulation and pension payments and the government is relly just can't have to move away from the high political / to actually doing something with the banks which is  rescue republic money. And since the Prime Minister was on the subject to / the decision of the past. There was a mantion too, about Sir Fred good win and his pension does / he left his Lord / to call on his better nature and hand the cash back. If Sir Fred Goodwin has any sensitivity at all about what people feel, about this, what people feel, about a man taking away such a vast sun for the rest of his life on the back of biggest corporate loss and collapse in the British bussiness history. He will do the right thing, if he is thinking. Who knew what and when, when he comes to Sir Fred's, pension has now more or less been put to bed. To a large extent, so to ,has a questioin who does what and how, when he comes to banking of the future. Paul Harrison, Sky news.

 

jessicahdc

On serena_she  (寒假最后一帖，hoho)

 

“These are momentous times.”

“Now a banking failure that is contaminating to the whole economy…”

 “We are being lashed by an economic hurricane.”

“People's savings, mortgages and jobs at risk.”

It may be called a “party policy forum”, but it seems there's no discussion when it comes to the banking crisis. Gordon Brown's rewriting the banking rule book. Like it or not, this, he says, is how it's going to work. Wholly state-owned Northern Rock would become a mortgage bank for home buyers and home owners. RBS-NatWest, which is 83% government owned, would be geared towards small business lending. There's a promise, too, of an industrial bank and investment bank which, Brown claims, would fund innovation. Also on the cards are publically owned savings bank which may become the responsibility of the post office.

 "Our task must be nothing less than to rebuild a financial system where it is failed and then to create an economy in which banks are no longer serving themselves, but are serving the public of this country."

The fact these changes have been driven by the former iron chancellor sits uncomfortably with / conservatives. "You have to look at who's been running the banking system the last 12 years first of all. And the man who’s been running the overall economy has, of course, been Gordon Brown, of the man who set up the banking supervisory system in 1997 was, of course, Gordon Brown. So I think it's a bit rich for him to come out and produce a blue print."

Despite posting phenomenal losses this week, banks, even the worst performers RBS and HBOS, in fact made profits in their retail banking divisions. Critics say it's high time for big changes to Britain's banks.

 "There's been no attempt to put government directors on the boards, no attempt to give any strategic direction on lending to sandwich the companies, no attempt to overhaul the scandals around the   remuneration and pension payments. And the government is really just can't have to move away from the high political rectory to actually doing something with the banks which is rescued with public money."

And since the Prime Minister was on the subject of reckless decisions of the past, there was a mention too about flush Sir Fred Goodwin and his pension *** to Lord Mendelson to call on his better nature and hand the cash back.

 "If Sir Fred Goodwin has any sensitivity at all about what people feel about this, what people feel about a man taking away, such a vast sum for the rest of his life on the back of the biggest corporate loss and collapse in a British business history, he will do the right thing, if he's thinking." Who knew what and when, when it comes to Sir Fred's pension, has now more or less been put to bed. To a large extent, so too, has the question, who does what and how when it comes to the banking of the future. Paul Harrison, Sky news, Bristol.

 

 

寵唲

晚啦~HW（ON serena_she）

 

It's momentous times and now a banking failure that has contaminated to the whole economy will be lashed by an economic hurricane, people's savings, mortgages and jobs at risk.

 

It may be called a party policy forum, but it seems there's no discussion when it comes to the banking crisis. Gordon Brown's rewriting the banking rule book. Like it or not, this, he says, is how it's going to work. Wholly state-owned Northern Rock would become a mortgage bank for home buyers and home owners. RBS-NatWest, which is 83% government owned, would be geared towards small business lending. There's a promise, too, of an industrial bank and investment bank which, Brown claims, would fund innovation also on the cards, are publically owned savings bank which may become the responsibility of the post office.

 

"Our task must be nothing less than to rebuild a financial system where it is failed and then to create an economy in which banks are no longer serving themselves, but are serving the public of this country."

 

The fact these changes have been driven by the former iron chancellor said some comfortably with the conservatives.

 

"You have to look at who's been running the banking system the last 12 years, first of all. And the man has been running the overall economy has, of course, been Gorden Brown, of the man who set up the banking supervisory system in 1997 was, of course, Gordon Brown. So I think it's been rich for him to come out and produce a blue print."

 

Despite posting phenomenal losses this week, banks, even the worst performers RBS and HBOS ,in fact, made profits in their retail banking divisions. Critics say it's high time for big changes to Britain's banks.

 

"There's been no attempt to put government directors on the boards, no attempt to give any strategic direction on lending to salvage's companies, no attempt to overhaul the scandals around the remuneration and pension payments. And the government is really just can't have to move away from the high political * to actually doing something with the banks which is rescued with public money."

 

And since the Prime Minister was on the subject of reckless decisions of the past, there was a mention too about flush Sir Fred Goodwin and his pension. That's left to Lord Mendelson to call on his better nature and hand the cash back.

 

"If Sir Fred Goodwin has any sensitivity at all about what people feel about this, what people feel about a man taking away, such a vast sum for the rest of his life on the back of the biggest corporate loss and collapse in the British business history, he will do the right thing, if he's thinking."

 

Who knew what and when when it comes to Sir Fred's, pension has now more or less been put to bed. To a large extent, so too, has the question, who does what and how when it comes to the banking of the future.

 

Paul Harrison, Sky news, Bristol

ferrerosyx

Homework

 

It’s a momentous time now a banking failure that is contaminating to the whole economy will be lashed by an economic hurricane. People's savings, mortgages and jobs at risk.

 

It maybe called a party policy forum but it seems there is no discussion when it comes to the banking crisis. Gordon Brown is rewriting the banking rule book. Like it or not, this, he says, is how it's going to work. Holy state-owned Northern Rock would become a mortgage bank for home buyers and home owners. RBS NatWest which is 83 percent government owned would be git towards small business lending. There is a promise too of an industrial bank and investment bank which brown claims would fund innovation also on the cards a publicly-owned savings bank which may become responsibility of the post office.

 

Our task must be nothing less than to rebuild a financial system where it failed and then to create an economy in which banks are no longer serving themselves but are serving the public of this country.

 

The fact these changes are being driven by the former Ian chancellor says uncomfortably with the conservatives.

 

You have to look at who's being running the banking system the last 12 years first of all. Um the man is running the overall economy has of course been Gordon Brown. And the man who set up the banking supervisory system in 1997 was of course Gordon Brown. So I think it's a bit rich for him to come here to produce a blue print.

 

Despite posting phenomenal losses this week, banks even the worst performers, RBS and HBOS, in fact made profits in their retail banking divisions. Critics say it's high time for big changes to Britain’s banks.

 

There is no attempt to put government directors on the boards; No attempt to give any strategic direction on lending to sanguige companies; No attempt to overhauled the scandals around the remuneration and pension payments and the government is really just can't have to move away form the high political xx to actually doing something with the banks which is rescued with public money.

 

And since the Prime Minister was on the subject of reckless decisions of the past, there was a mention to about flush xx and his pension. But he left it to xx to call on his better nature and hand the cash back.

 

If xx has any sensitivity at all about what people feel about this, what people feel about a man taking away such a vast sum for the rest of his life on the back of the biggest corporal loss and collapse in the British business history, he will do the right thing, if he's thinking

 

Who know what and when, when it comes to xx pension has now more or less been put to bed? To a larger extent, so too has the question who does what and how when it comes to banking of the future.

 

Paul Harrison, Sky news, xx.

 

HBOS: Halifax and Bank of Scotland 苏格兰哈里法克斯银行

RBS: The Royal Bank of Scotland 苏格兰皇家银行

[ 本帖最后由 ferrerosyx 于 2009-3-2 00:24 编辑 ]

azurefish

HW "It's a momentous times, another banking failure that is contaminating to the whole economy will being lashed by an economic hurricane, people's savings, mortgages and jobs are at risk." It may be called a party policy forum, but it seems that is no discussion when it comes to the banking crisis. Gordon Brown’s rewriting the banking rule book, like it or not, this he says it’s how it's going to work. Holy, state-owned Northern Rock would become a mortgage bank for home buyers and home owners. RBS Natwest which is 83 percent government owned would begin towards small business lending. There is a promise too, of Industrial bank and Investment bank which Brown claims would fund innovation also on the cards are publicly on savings bank which may become the responsibility of the post office. "Our task must be nothing less than to rebuild a financial system where just failed, and then to create an economy in which banks are no longer serving themselves, but serving the public of this country." The fact these changes have been driven by the former ? chancellor seek some uncomfortely with the conservatives. “You have to look who has been running to banking system the last twelve years,first of all, and the man has been running the overall economy has cause been Gordon Brown, of the money set up the banking supervisory system in 1997 was ,of cause, Gordon Brown. So I think it is big rich for him to come up to produce blueprint.” Despite posting phenomenal losses this week. Banks even the worst performance RBS and HFAX, in fact, make a profit in their retail banking divisions. Critics say it's high time for big changes to British banks. “Being no attempt to put government directors on thae boards, no attempt to get any strategy direction on lending to some business companies, no attempt to overhold the scandals around the rememoration and pension payments and the government is really can just have to move away from the high political ? to actually doing something with the banks which is rescued with public money.” And since the Prime Minister was on the subject to ? to the decision of the past, there was a mention too, about flash Sir Fred Goodwin and his pension. ? to Lord Manderson to call on his better nature and hand the cash back. If Sir Fred Goodwin has any sensitivity at all about what people feel, about this, what people feel, about a man taking away such a vast sun for the rest of his life on the back of biggest corporate loss and collapse in the British bussiness history. He will do the right thing, if he is thinking.” “Who knew what and when, what he comes to Sir Fred's pension has now more or less been put to bed. To a large extent, so to ,has a question who does what and how, when he comes to banking of the future. Paul Harrison, Sky news.

爱听古筝

---改成homework,改错人啦。

It's (a) momentous times and now a banking failure that has contaminated to the whole economy will be lashed by an economic hurricane, people's savings, mortgages and jobs at risk.

 

It may be called a party policy forum, but it seems there's no discussion when it comes to the banking crisis. Gordon Brown's rewriting the banking rule book. Like it or not, this, he says, is how it's going to work. Wholly state-owned Northern Rock would become a mortgage bank for home buyers and home owners. RBS-NatWest, which is 83% government owned, would be geared towards small business lending. There's a promise, too, of an industrial bank and investment bank which, Brown claims, would fund innovation also on the cards, are publically owned savings bank which may become the responsibility of the post office.

 

"Our task must be nothing less than to rebuild a financial system where it just failed and then to create an economy in which banks are no longer serving themselves, but are serving the public of this country."

 

The fact these changes have been driven by the former iron chancellor seems uncomfortably with the conservatives.

 

"You have to look at who's been running the banking system the last 12 years, first of all. And the man has been running the overall economy has, of course, been Gorden Brown, of the man who set up the banking supervisory system in 1997 was, of course, Gordon Brown. So I think it's been rich for him to come out and produce a blue print."

 

Despite posting phenomenal losses this week, banks, even the worst performers RBS and HBOS ,in fact, made profits in their retail banking divisions. Critics say it's high time for big changes to Britain's banks.

 

"There's been no attempt to put government directors on the boards, no attempt to give any strategic direction on lending to salvage's companies, no attempt to overhaul the scandals around the remuneration and pension payments. And the government is really just can't have to move away from the high political * to actually doing something with the banks which is rescued with public money."

 

And since the Prime Minister was on the subject of reckless decisions of the past, there was a mention too about flush Sir Fred Goodwin and his pension. That's left to Lord Mendelson to call on his better nature and hand the cash back.

 

"If Sir Fred Goodwin has any sensitivity at all about what people feel about this, what people feel about a man taking away, such a vast sum for the rest of his life on the back of the biggest corporate loss and collapse in the British business history, he will do the right thing, if he's thinking."

 

 Who knew what and when when it comes to Sir Fred's, pension has now more or less been put to bed. To a large extent, so too, has the question, who does what and how when it comes to the banking of the future. Paul Harrison, Sky news, Bristol

[ 本帖最后由 爱听古筝 于 2009-3-2 12:54 编辑 ]

phantom932

On 爱听古筝

"It's a momentous times and now a banking failure that has contaminated to the whole economy will be lashed by an economic hurricane, people's savings, mortgages and jobs at risk."

It may be called a party policy forum, but it seems there's no discussion when it comes to the banking crisis. Gordon Brown's rewriting the banking rule book. Like it or not, this, he says, is how it's going to work. Wholly state-owned Northern Rock would become a mortgage bank for home buyers and home owners. RBS-NatWest, which is 83% government owned, would be geared towards small business lending. There's a promise, too, of an industrial bank and investment bank which, Brown claims, would fund innovation also on the cards, are publically owned savings bank which may become the responsibility of the Post Office.

"Our task must be nothing less than to rebuild a financial system where it has failed and then to create an economy in which banks are no longer serving themselves, but are serving the public of this country."

The fact these changes have been driven by the former iron chancellor seems uncomfortably with the Conservatives.

"You have to look at who's been running the banking system the last 12 years, first of all. And the man has been running the overall economy has, of course, been Gorden Brown, of the man who set up the banking supervisory system in 1997 was, of course, Gordon Brown. So I think it's been rich for him to come out and produce a blueprint."

Despite posting phenomenal losses this week, banks, even the worst performers RBS and HBOS, in fact, made profits in their retail banking divisions. Critics say it's high time for big changes to Britain's banks.

"There's been no attempt to put government directors on the boards, no attempt to give any strategic direction on lending to salvage's companies, no attempt to overhaul the scandals around the remuneration and pension payments. And the government is really just can't have to move away from the high political reacherous to actually doing something with the banks which is rescued with public money."

And since the Prime Minister was on the subject of reckless decisions of the past, there was a mention too about flush Sir Fred Goodwin and his pension. That's left to Lord Mandelson to call on his better nature and hand the cash back.

"If Sir Fred Goodwin has any sensitivity at all about what people feel about this, what people feel about a man taking away, such a vast sum for the rest of his life on the back of the biggest corporate loss and collapse in the British business history, he will do the right thing, if he's thinking."

Who knew what and when / it comes to Sir Fred's, pension has now more or less been put to bed. To a large extent, so too, has the question, who does what and how when it comes to the banking of the future.

Paul Harrison, Sky News, Bristol

phantom932

On 自己

"It's a momentous times and now a banking failure that has contaminated to the whole economy will be lashed by an economic hurricane, people's savings, mortgages and jobs at risk."

It may be called a party policy forum, but it seems there's no discussion when it comes to the banking crisis. Gordon Brown's rewriting the banking rule book. Like it or not, this, he says, is how it's going to work. Wholly state-owned Northern Rock would become a mortgage bank for home buyers and home owners. RBS-NatWest, which is 83% government owned, would be geared towards small business lending. There's a promise, too, of an industrial bank and investment bank which, Brown claims, would fund innovation also on the cards, are publically owned savings bank which may become the responsibility of the PostOffice.

"Our task must be nothing less than to rebuild a financial system where it has failed and then to create an economy in which banks are no longer serving themselves, but are serving the public of this country."

The fact these changes have been driven by the former iron chancellor seems uncomfortably with the Conservatives.

"You have to look at who's been running the banking system the last 12 years, first of all. And the man has been running the overall economy has, of course, been Gorden Brown, of the man who set up the banking supervisory system in 1997 was, of course, Gordon Brown. So I think it's been rich for him to come out and produce a blueprint."

Despite posting phenomenal losses this week, banks, even the worst performers RBS and HBOS, in fact, made profits in their retail banking divisions. Critics say it's high time for big changes to Britain's banks.

"There's been no attempt to put government directors on the boards, no attempt to give any strategic direction on lending to salvage's companies, no attempt to overhaul the scandals around the remuneration and pension payments. And the government is really just can't have to move away from the high political rhetoric to actually doing something with the banks which is rescued with public money."

And since the Prime Minister was on the subject of reckless decisions of the past, there was a mention too about flush Sir Fred Goodwin and his pension. That's left to Lord Mandelson to call on his better nature and hand the cash back.

"If Sir Fred Goodwin has any sensitivity at all about what people feel about this, what people feel about a man taking away, such a vast sum for the rest of his life on the back of the biggest corporate loss and collapse in the British business history, he will do the right thing, if he's thinking."

Who knew what and when when it comes to Sir Fred's, pension has now more or less been put to bed. To a large extent, so too, has the question, who does what and how when it comes to the banking of the future.

Paul Harrison, Sky News, Bristol

fionainnicemood

"These are momentous times and now a banking failure that has contaminated to the whole economy will be lashed by an economic hurricane, people's savings, mortgages and jobs at risk."

 

It may be called a party policy forum, but it seems there's no discussion when it comes to the banking crisis. Gordon Brown's rewriting the banking rule book. Like it or not, this, he says, is how it's going to work. Wholly state-owned Northern Rock would become a mortgage bank for home buyers and home owners. RBS-NatWest, which is 83% government owned, would be geared towards small business lending. There's a promise, too, of an industrial bank and investment bank which, Brown claims, would fund innovation also on the cards, are publically owned savings bank which may become the responsibility of the PostOffice.

 

"Our task must be nothing less than to rebuild a financial system where it has failed and then to create an economy in which banks are no longer serving themselves, but are serving the public of this country."

 

The fact these changes have been driven by the former iron chancellor seems uncomfortably with the Conservatives.

 

"You have to look at who's been running the banking system the last 12 years, first of all. And the man has been running the overall economy has, of course, been Gorden Brown, of the man who set up the banking supervisory system in 1997 was, of course, Gordon Brown. So I think it's a bit rich for him to come out and produce a blueprint."

 

Despite posting phenomenal losses this week, banks, even the worst performers, RBS and HBOS, in fact, made profits in their retail banking divisions. Critics say it's high time for big changes to Britain's banks.

 

"There's been no attempt to put government directors on the boards, no attempt to give any strategic direction on lending to some British / companies, no attempt to overhaul the scandals around the remuneration and pension payments. And the government is really just can't have to move away from the high political rhetoric to actually doing something with the banks which is rescued with public money."

 

And since the Prime Minister was on the subject of reckless decisions of the past, there was a mention too about flush Sir Fred Goodwin and his pension. That's left to Lord Mandelson to call on his better nature and hand the cash back.

 

"If Sir Fred Goodwin has any sensitivity at all about what people feel about this, what people feel about a man taking away, such a vast sum for the rest of his life on the back of the biggest corporate loss and collapse in the British business history, he will do the right thing, if he's thinking."

 

Who knew what and when when it comes to Sir Fred's, pension has now more or less been put to bed. To a large extent, so too, has the question, who does what and how when it comes to the banking of the future.

 

Paul Harrison, Sky News, Bristol

kittymaria

"These are momentous times and now a banking failure that has contaminated to the whole economy will be lashed by an economic hurricane, people's savings, mortgages and jobs at risk."

It may be called a party policy forum, but it seems there's no discussion when it comes to the banking crisis. Gordon Brown's rewriting the banking rule book. Like it or not, this, he says, is how it's going to work. Wholly state-owned Northern Rock would become a mortgage bank for home buyers and home owners. RBS-NatWest, which is 83% government owned, would be geared towards small business lending. There's a promise, too, of an industrial bank and investment bank which, Brown claims, would fund innovation also on the cards, are publicly owned savings bank which may become the responsibility of the Post Office.

"Our task must be nothing less than to rebuild a financial system where it has failed and then to create an economy in which banks are no longer serving themselves, but are serving the public of this country."

The fact these changes have been driven by the former IMF chancellor seems uncomfortably with the Conservatives.

"You have to look at who's been running the banking system the last 12 years, first of all. And the man has been running the overall economy has, of course, been Gorden Brown, of the man who set up the banking supervisory system in 1997 was, of course, Gordon Brown. So I think it's a bit rich for him to come out and produce a blueprint."

Despite posting phenomenal losses this week, banks, even the worst performers, RBS and HBOS, in fact, made profits in their retail banking divisions. Critics say it's high time for big changes to Britain's banks.

"There's been no attempt to put government directors on the boards, no attempt to give any strategic direction on lending to some British companies, no attempt to overhaul the scandals around the remuneration and pension payments. And the government is really just can't have to move away from the high political rhetoric to actually doing something with the banks which is rescued with public money."

And since the Prime Minister was on the subject of reckless decisions of the past, there was a mention too about flush Sir Fred Goodwin and his pension. That's left to Lord Mandelson to call on his better nature and hand the cash back.

"If Sir Fred Goodwin has any sensitivity at all about what people feel about this, what people feel about a man taking away, such a vast sum for the rest of his life on the back of the biggest corporate loss and collapse in the British business history, he will do the right thing, if he's thinking."

Who knew what and when when it comes to Sir Fred's, pension has now more or less been put to bed. To a large extent, so too, has the question, who does what and how when it comes to the banking of the future.

Paul Harrison, Sky News, Bristol

 

 

Walkure

on Fiona & discussion

 

"These are momentous times and now a banking failure that has contaminated to the whole economy will be lashed by an economic hurricane. People's savings, mortgages and jobs are at risk." (not sure, but sounds like there's a word before 'at')

 

另外请教一个词汇问题，下面这段里的flush的用法，怎么译这段话（蓝色标注）？请Fiona及各位高手指教。Thanks！

 

And since the Prime Minister was on the subject of reckless decisions of the past, there was a mention too about flush Sir Fred Goodwin and his pension. That's left to Lord Mandelson to call on his better nature and hand the cash back.

puma456

has contaminated to the whole economy 好像没有这个TO吧

ArronCristo

HOMEWORK

 

It's a momentous times and now a banking failure that has contaminated the whole economy will be lashed by economic hurricane, people's savings, mortgages and jobs at risk.

 

It may be called a party policy forum, but it seems there's no discussion when it comes to the banking crisis. Gordon Brown rewriting the banking rule book. Like it or not, this, he says, is how it's going to work.

 

Wholly state-owned Northern Rock would become a mortgage bank for home buyers and home owners.

RBS NatWest, which is 83% government owned, would be geared towards small business leading.

There's promise, too, of an industrial bank and investment bank, which Brown claims, would found innovation also on the cards, are publically owned savings bank which may become the responsibility of the PostOffice.

Our task must be nothing less than to rebuild a financial system where it has failed and that create an economy in which banks are no longer serving themselves, but serving the public of this country.

The fact these changes have been driven by the former iron chancellor seems uncomfortably with the Conservatives.

You have to look at who's been running the banking system the last 12 years first of all.

And the man has been running the overall economy has, of course, Gorden Brown, of the man who set up the banking supervisory system in 1997 was, of course, Gorden Brown.

So I think it's been rich for him to come out and produce a blueprint.

Despite posting phenomenal losses this week, banks, even the worst proformers RBS and HBOS, in fact made profit in their retail banking divisions.

Critics say it's high time for big changes to Britin's banks.

/ no attempt to put government directors on the boards, no attempt to give any strategic direction on leading to salvage's companies, no attempt to overhaul the scandals around the remuneration and pension payment.

And government is really just can't have to move away from the high political rhetoric to actually doing some with the banks which is rescued with public money.

And since the Prime Minister was on subject of reckless decisions of the past, there was a mention to about flush Sir Fred Goodwin and his pension.

That / Lord M* to call on his better nature and hand the cash back.

If Sir Fred Goodwin has any sensitivity at all about what people feel about this, what people feel about a man taking away, such a vast sum for the rest of his life on the back of the biggest corporate loss and collapse in the British business history, and he will do the right thing, if he is thinking.

Who knew what and when it comes to Sir Fred's pension has now more or less been put to bed.

To a large extent, so too, has the question, who does what and how when it comes to the banking of the future.

Paul Harrison, Sky News, Bristol