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Over the next decade, responsible financial management was restored and the central bank strengthened.
In general, responsible financial planners would warn their clients away from such an investment.
But he added, "Any proposal needs to be implemented by all responsible financial centers to be effective".
"The I.M.F. is trying to redefine what is and what is not responsible financial policy after the crisis," he said.
Harman told the Press Association that taxing the banks would help reduce the deficit and encourage a more responsible financial services industry.
In a speech at the end of 2012 he called it disturbing, preposterous, perverse, the antithesis of responsible financial innovation, weird and warped.Two things do look odd.
Similar(27)
This officer is also responsible for financial planning and record-keeping, as well as financial reporting to higher management.
He is responsible for financial structuring of real estate acquisitions in Europe.
The favourite candidate to succeed Sir Mervyn King is deputy governor Paul Tucker, currently responsible for financial stability.
@EnoraPruvot Susanne is responsible for financial management at Bournemouth University, with an oversight of the finance department, including student finance.
The other deputy governors are Sir Jon Cunliffe, responsible for financial stability, and Ben Broadbent who oversees monetary policy.
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