The original content of Democracy Now! Headlines appears under the Creative
Commons BY-NC-ND 3.0 License (United States). For more, including their other
shows and media, visit www.democracynow.org.
October 31, 2012

Bank of England Director: Occupy Was Right on Financial Reform 
---------------------------------------------------------------


 
A top official at the Bank of England has been quoted heaping unlikely
praise on the Occupy movement for challenging the financial system over
the past year. At a recent event in London, Andrew Haldane, the Bank's
executive director of financial stability, said the call by the Occupy
movement to stop financial-sector greed and excess has been "loud and
persuasive" on policymakers, leading to a "reformation of finance that
Occupy has helped stir." Haldane added that Occupy resonated with large
sectors of the public because "they are right."

 

.