Cameron: Not just banks to blame

David Cameron comments on bank bonuses:

“The whole country suffered from irresponsible lending practices, from irresponsible behaviour. But we need to recognise that there were a lot of people to blame for the mess we are in and that we shouldn’t just think it’s an easy scapegoat to pick one in view.

“Governments made mistakes, regulators made mistakes, politicians made mistakes; everyone was involved.

“What I want to see is socially responsible banks behaving responsibly, lower bonus pools than last year’s, responsible levels of remuneration and proper agreements on lending for businesses large and small, and being good citizens in the community.”