Bankers 'sorry' for financial crisis

The Treasury Select Committee spoke to the former heads of Royal Bank of Scotland (RBS) and HBOS today as part of its inquiry into the banking crisis in late 2008. Sir Fred Goodwin, the former chief executive of RBS, which is now majority owned by the taxpayer, said he 'could not be more sorry' for the decisions he had made which led to the downfall of one of Britain's largest banks. All those present at today's committee meeting agreed that bonus culture had been largely to blame, and believe the Government should examine the problems of multi-million pound bonuses. Andy Hornby, form...