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Who do you blame for the credit crisis?


Bankers, politicians and regulators have taken their share of the blame for the credit crisis.

Gary Jenkins, Head of Fixed Income Research at Evolution Securities, polled about 200 investors for a more specific view on who was at fault.

Alan Greenspan, former head of the U.S. Federal Reserve, was the most popular choice, with more than a third of the votes. Other more unusual picks included the BBC’s business correspondent Robert Peston and property TV show host Sarah Beeny.

If you could pick somone to blame who would it be?

What other options does the Bank have?


Interest rates have been cut again – to a record low of 1.5 percent. As they get ever closer to zero, the impact of rate cuts will become more and more limited. So what can central banks do to ease the economic pain?

“Quantitative easing”, or what non-economists call “turning on the printing press” is one of the options.