Alistair Darling admits failure

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Admitting mistakes is one thing, but learning and implementing strategies based on trial and error situations is another thing, so it will be interesting to see if Alistair Darling and his team can turn their sector of the economy around for the better.

Alistair Darling admits failure

Alistair Darling admitted government failings over the credit crunch yesterday while attacking the banks for not holding their executives to account.
The Chancellor of the Exchequer cast aside Gordon Brown’s caution over accepting mistakes in economic management when he appeared before the House of Lords Economic Affairs Committee.