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June 20, 2013

A broken model | Time to Nationalise Retail Banks

Frances Coppola argues that provision of banking for regular people on the high street is fundamentally broken, and must require government guarantees to survive, hence the implication that a government sponsored entity (GSE) to provide basic current and savings accounts in a transition to a new model for the banking system. Story here: A broken model. Frances has an interesting blog of her own here: http://coppolacomment.blogspot.co.uk/


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