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"No one would like to see him in the dock of a courtroom more than me, but the job here is to get on with it, find the answers, and put them into law," Cameroon said. Miliband argues that a parliamentary inquiry into banks wouldn't restore confidence. "However able or distinguished they are, politicians investigating bankers will not command the consent of the British people," he said. Miliband wants an inquiry like the current probe of Britain's media industry, led by a judge with a senior lawyer questioning witnesses under oath. Members of Cameron's Conservative Party ceaselessly note that Labour was in power when two big British banks were rescued by taxpayers and that former Prime Minster Gordon Brown of Labour had boasted of the "light touch" financial regulation when he was Treasury chief. Miliband counters that Conservatives, including Cameron, were demanding even lighter regulation before the 2008 crash.
Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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