Quotes of the Day

Britain's Chancellor of the Exchequer George Osborne, holds his budget case for the cameras outside number 11 Downing Street, before delivering his budget to the House of Commons in London March 23, 2011
Friday, Oct. 07, 2011

Open quoteOne of the reasons they are doing this is because they think the British government is actually moving in the direction of trying to get away from guaranteeing all the largest banks in Britain. Close quote

  • GEORGE OSBORNE,
  • British chancellor, on Moody's decision to downgrade the credit ratings of 12 U.K. financial firms
Photo: Stefan Wermuth / Reuters | Source: BBC