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30 October 2012

“Occupy has been successful…for one very simple reason; they are right“

Business quote of the day.

By Helen Roxburgh

“Occupy has been successful in its efforts to popularise the problems of the global financial system for one very simple reason; they are right”

Andrew Haldane, a member of the Bank of England’s financial policy committee, said the Occupy movement was both morally and intellectually right to challenge the international financial system. In a speech last night called Socially Useful Banking, Haldane said the activists, who held sustained demonstrations in both the City of London and New York, had helped to bring about a “reformation” of the finance sector.

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