Turner defended the actions of the regulator on the BBC's Andrew Marr show on 15 February 2009, saying that other regulatory bodies throughout the world, which varied in structure and lightness of regulatory touch, also failed to predict the economic collapse.
Turner defended the actions of the regulator on the BBC's Andrew Marr show on 15 February 2009. Other regulatory bodies throughout the world failed to predict the economic collapse. This was what Turner was saying. The world varied in structure and lightness of regulatory touch. This was also.