Osborne and the banks

If you believe, as I do, that the banks are now the key issue in politics - not just sitting on wads of money but actively hoovering up the money in the world out of productive enterprise - then Obama's plan to break them up has to be an exciting move. It isn't very clear what he means by 'break them up', but since he says he wants to limit their size, I hope this will go beyond splitting domestic banking rom investment banking. We'll have to see.

The disappointment in all this is George Osb...