<iframe src="//www.googletagmanager.com/ns.html?id=GTM-K3L4M3" height="0" width="0" style="display:none;visibility:hidden">

Leading article

Forget Wall St. The Wolves of Whitehall caused the crash - and could do so again

Greedy, foolish governments got us into the crisis – and they're making the same mistakes now we're getting out

18 January 2014

9:00 AM

18 January 2014

9:00 AM

This week, Martin Scorsese’s film The Wolf of Wall Street opened and the Office of National Statistics reported that house prices are up by 12 per cent in London and by 5 per cent across the UK as a whole. While the former represents the cocaine-fuelled greed of bankers, which many like to think caused the financial crisis in the first place, the latter represents a wider form of greed which has even more to do with the problems that have afflicted the world from 2007 onwards.

Already a subscriber? Log in

Black Friday sale

Subscribe today and get 10 weeks of The Spectator Australia for just $1

  • Unlimited access to spectator.com.au and app
  • The weekly edition on the Spectator Australia app
  • Spectator podcasts and newsletters
  • Full access to spectator.co.uk
Or

Unlock this article

REGISTER

You might disagree with half of it, but you’ll enjoy reading all of it. Try your first month for free, then just $2 a week for the remainder of your first year.


Comments

Black Friday sale

Subscribe today and get 10 weeks of The Spectator Australia for just $1

Already a subscriber? Log in

Close