Sir Mervyn’s smackdown for Lord Turner

An interesting speech from the Bank of England Governor tonight – including, for the first time in a long while, a suggestion that the economy might well be starting to bounce back. But what most stands out from Sir Mervyn King’s speech in Cardiff was a pretty direct slap-down to Lord Turner, the FSA chairman who is vying to replace him as Governor. Lord Turner, you might recall, made a … Continue Reading ››