THE WAR ON MERVYN KING

On 25th October this year in a speech he gave in New York City, Mervyn King, the Governor of the Bank of England, said the following

Of all the many ways of organising banking, the worst is the one we have today.

King has made known his apparent anger at the banks and the banking system.

So what do we find in the current bunch of Wikileaks? That King privately criticised Oik and Our Dave as being out of their depth, a comment that was apparently made to Louis Susman.

Needless to say, there are calls for Mervyn King to resign or be sacked.