Cable launches broad attack on City

He will pledge to tackle “irrational or rigged” markets, the bonus culture, short-term investment and corporate takeovers. In his speech to the Liberal Democrat party conference, Cable will announce the government will conduct a review of corporate governance and economic short-termism. Cable will say: ""We will look at the economic impact of takeovers, shareholder responsibility, corporate incentives and pay. Short-termism and shareholder disengagement are an increasing problem for our economy. "Short-term investors and financial gamblers value a quick buck above all else, for exa...