Isn’t it time for the Chairman of Lloyds and Barclays to resign?

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At the weekend Gordon Brown appointed a National Economic Council to see us through the credit crunch. It includes Marcus Agius, chairman of Barclays, and Sir Victor Blank, chairman of Lloyds TSB.

Today their companies are effectively bust and are going cap in hand to the government for a bail out.

Now ask your self these questions:

1) Are these the people you'd want to guide us through a credit crisis?

2) Should they keep their jobs at their banks as they have clearly lead them to ruin?

3) Shouldn't they resign from this new Council because of their own failure, and contribution to the crisis?

4) Shouldn't we in the light of that review the selection criteria for appointment to this panel?

Take that last question.Why is Lord Browne, a man widely thought to have committed perjury a member? And why is the chairman of Vodaphone a member?

These are the people who have got us into this mess. They cannot get us out of it.

It's time for Gordon Brown to start again.


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