BANKERS AND THE PROVISION OF TOXIC FINANCIAL PRODUCTS

Early day motion 143, tabled 4 December 2008 by Dai Davies (Independent). Signed by 24 members.

That this House agrees with Andreas Whittam Smith in his column in the Independent on 6 October 2008 that it is surprising that, unlike in the United States, no bankers in the United Kingdom have been investigated for possible criminal actions in the selling of sub-prime mortgages; and believes that the Crown Prosecution Service and the Financial Services Authority should co-operate in investigating the possible complicity of senior employees of Northern Rock and Bradford & Bingley banks in the trade and sale of toxic financial products.

Signatures by party: Labour 13, Liberal Democrat 4, Independent 3, Plaid Cymru 2, Respect 1, Social Democratic and Labour Party 1.