Today Gordon Browns admitted that he made mistakes in listening to the Banks. My articles below pointed this out months ago. These are the most important words EVER to come out of Gordon Brown's mouth. The Central Banks cause the boom and therefore the bust by flooding the market with cheap credit to people who cant repay it. When Brown deregulated the banks and removed the divide between investment and commercial banks the scene was set for the crash of 2008 once banks got access to personal mortgages. The de-regulation should also have meant that tax payers were removed as 'Lender of Last Resort'. Banks know Brown would bail out any bad loans they made and were careless or some say purposely reckless and crashed the economy to get both he profit from the derivatives and twice as much in bail out funds whilst leaving everyone else poor for decades to come. It was a massive wealth transfer frm the low and middle income families to the banking elite and has happened dozens of times in the last 100 years. ALL recessions and depressions are caused in this way. How did Gordon Brown not know this would happen? He is either in on it or a total incompetent.