Darling's cited critics are economists working for the financial disservice industry.  They don't want to see money spent on something useful if they can get it poured onto the bondfire that it their own industry.  It is not the government sector that has gotten too big, but rather it is the financial sector.  His critics don't care if the money is going up in smoke as long as they get their share in bonuses.  Let the large investors watch their wealth burn.  Might teach them instill some fear to temper their greed for returns.

The City and its financial services industry must be much like Wall Street in the US--a giant leech attached to the body politic.  Heat from the glowing embers of that sector will cause the leech to let go--eventually.  The question is how much public debt will have to be assumed before that happens.  Let all of these financial service firms die.  There is nothing that can be done to stop it.  The only question is how much of our wealth to put on the funeral pyre.

"It is not necessary to have hope in order to persevere."