Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-07-07-Speech-3-988"
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"en.20100707.23.3-988"2
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"The taxpayer is paying for the crisis, yet it was not caused by the taxpayer. It was banks which are now making good profits once again that caused the crises through a lack of capitalisation and excessive willingness to take risks. It cannot be tolerated that banks retain their profits, pay high bonuses to their managers and pass on the losses they make to society – that is, to all of us. I am in favour of a crystal clear control mechanism. I welcome the advances that have been made – they point in the right direction, but we must not stop here. We must make sure that this works out for the companies, not that the relevant senior managers are showered with money."@en1
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