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Global gloom
'walking on whater' house said he believed the main reason for any struggling business was poor management .
if you cap partly in the uk, where are the brains going to to go? where is the enterprise going to come from? we've got to get back to a situation where the markets drive these things again because the markets have been good for the communities in the world .
asked whow bad the current crisis would gets, he said it was difficult to assess because it was global and on a much greater scale than seen before .
'we will recover' despite the economic downturn and the widespread blaming of bankers for the current crisits, sir brian believed it was totally unrealistic to believe pay could be capped .
so that governments think in terms of baillions, the market thinks in terms of trillions .
not wholly to blame, but partly to blame .
Generated 2008-10-21_20:33
- Global gloom 2008-10-19 12:20:40
http://news.bbc.co.uk/go/rss/-/1/hi/business/7678545.stm
redundancy 0.0336351875808538
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