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HARDtalk: Responsible Capitalism

01/02/2012

Responsible Capitalism

BBC News Channel - HARDtalk, Responsible Capitalism

Stephen Sackur asks three financiers if capitalism can find a new moral compass.

Stephen Sackur asks three financiers, Ken Costa, Nicola Horlick and Lord Richard Newby, if capitalism can find a new moral compass.

Britain's backlash against the bankers is gathering momentum. Political pressure has forced one bank chief to forego a hefty bonus; there are loud demands for a wider crackdown on stratospheric executive pay. Suddenly, politicians of all stripes are insisting that capitalism be 'responsible'. Stephen Sackur speaks to three in the industry - a leading fund manager, a long-time investment bank chief, and a former member of Britain's High Pay Commission. Can capitalism find a new moral compass?

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