Banks tells MPs 'we made mistakes' on credit crunch

By 2007-12-04T15:35:00

[16:35 CET 04-12] GLOBAL – Executives from some of the world’s largest investment banks today admitted they may have made investment products so complex investors may not be fully aware of the risks of investing in package debt products, but denied MPs’ accusation the same institutions were ‘reckless’ in their ...

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