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Re: We're All Doomed II - The Sequel
Corrupt? No, it's just the usual combination of not wanting to upset businessmen ('light touch regulation') and not putting in enough resources. The latter you can even spin as financial prudence, as Brown did when pushing through 20,000 civil service job cuts.
You don't need corruption to explain it, just the consequence of 30 years of Thatcherism.
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