A senior executive at the Bank of England on Monday said the Occupy London Stock Exchange was "loud and persuasive" and helped prompt a "reformation of finance."...
While some argue that the group's [Occupy's] efforts have been "long on problems, short on solutions," and others that the financial system remains "essentially unaltered ... and reform has failed," Haldane said, "I wish to argue both are wrong."
He continued: "Occupy’s voice has been both loud and persuasive and that policymakers have listened and are acting in ways which will close those fault-lines. In fact, I want to argue that we are in the early stages of a reformation of finance, a reformation which Occupy has helped stir ... You have put the arguments. You have helped win the debate. And policymakers, like me, will need your continuing support in delivering that radical change."
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