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    And your point is... The Lehmans collapse, who acted as counter party risk on some products that I shunned for my clients as I did not like them, cost me several thousand pounds as part of a compensation scheme levy for clients of IFAs who lacked my judgement. So I can give you chapter and verse on that one if you want.

    That does not change the facts of Gordon Brown's fundamental errors in UK fiscal policy, monetary policy and regulatory changes that made the UK as a country far more vulnerable in the recession that it need have been.

    It was entirely Brown's fiscal policy that gave us the structural deficit resulting in the need for spending cuts - nothing at all to do with banks.

    His regulatory changes and personal urging led to UK institutions being vulnerable to the US lending catastrophe.

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