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BBC NEWS | UK | Minister's bank comments disowned

A government minister's suggestion that some bank executives have been "grossly over-rewarded" is not a view shared by the chancellor, the Treasury has said.

In an interview with the Times, City minister Lord Myners blamed banks for their part in causing the recession.

He said executives had "no sense of the broader society around them" and the "golden days" of big bonuses were over.

A spokesman said these were Lord Myners' private views, and were not the words of the chancellor or Treasury.

Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Sat Jan 24th, 2009 at 09:41:35 AM EST

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