Banks should be serving the economy

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At the moment, banks should definitely be controlled, rather than controlling. The banks have taken a huge amount of public money to keep them selves afloat, so they should be putting it back into the economy, rather than keeping it for them selves.

Banks should be serving the economy

Gordon Brown has called for a more responsible banking system, in which banks are the “servants of the economy and society and never its master”.
The prime minister said the Financial Services Authority was looking at how new mortgages of more than 100% should be controlled in the future.