Mervyn King, Baron King of Lothbury Quotes

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Put bluntly, if investors can't be convinced that investing in banks will deliver appropriate returns, capital will be sucked out of the industry, causing credit availability to fall and the cost of credit to rise.

Mervyn King, Baron King of Lothbury

Anyone who pretends to know if we are out of the woods yet is clearly kidding themselves or misleading their audience.... Things have stabilized in Europe and it's in their interest to be optimistic but the muddle-through is still on.

Mervyn King, Baron King of Lothbury