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Friday's Quote of the Day

09:16 UK time, Friday, 28 August 2009

"This was a bankogenic recession" - Boris Johnson

Bankogenic recession is a bit of a favourite phrase for the London mayor, who first coined it back in December in an . And on Thursday, the London mayor told ´óÏó´«Ã½ Radio 4's World at One: "It was caused by bankers being reckless and making mistakes. They can't keep paying themselves stonking great bonuses and not expect there to be some sort of political comeback."

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