Mandelson: Give the Bankers a Break, We Need Them to Succeed

Lord Mandelson yesterday warned colleagues that it was time to stop ' bashing' the financial sector.
The Business Secretary said that banks had been given a 'well deserved bloody nose' but insisted the economy now needed them to succeed.
It is understood that the Government accepts that criminal charges will not be brought against any executives whose irresponsible lending drove their employers to seek a bailout by the taxpayer.

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