Bankers made 'astonishing mess'
 Northern Rock was the first bank to show signs of problems ahead |
The effects of the continuing banking crisis will be felt for generations, a committee of MPs has warned.
The Treasury committee, in its second report on the crisis, said it had been caused largely by the banks' own reckless behaviour.
"Bankers have made an astonishing mess of the financial system," said committee chairman John McFall.
The MPs supported the various attempts of the government to bail out the banks and the shore up the banking system.
But they criticised banks for increasing their charges and fees to small business borrowers. (more)
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