On banks, I make no apology for attacking spivs and gamblers who did more harm to the British economy than Bob Crow could achieve in his wildest Trotskyite fantasies, while paying themselves outrageous bonuses underwritten by the taxpayer. There is much public anger about banks and it is well deserved.

Vince Cable


The Quote in Other Words

I have no regrets about criticizing the dishonest individuals in the banking industry who caused more damage to the British economy than even the most extreme Trotskyite dreams of Bob Crow. These individuals received exorbitant bonuses at the expense of taxpayers. The public’s anger towards banks is justified.


Explanation of the Quote

This quote highlights the public’s frustration with the banking industry and its practices. The speaker is unapologetic in their criticism of bankers who have caused significant harm to the British economy through their reckless behavior. The use of the terms “spivs” and “gamblers” suggests that these individuals are not acting in the best interest of their clients or the wider community, but rather are motivated by personal gain.

The reference to Bob Crow, a prominent trade unionist, and Trotskyite fantasies serves to emphasize the extent of the damage caused by these bankers. The fact that their actions have been underwritten by the taxpayer, while they continue to receive outrageous bonuses, only adds insult to injury. This quote reflects a growing sentiment that the banking industry needs to be held accountable for its actions and that significant reforms are necessary to prevent similar crises from occurring in the future.