Sunday 29 March 2009

This suggests that Brown has sprung a deliberate trap to force 
Darling out because of his support for Mervyn King.  Fanciful?  
Perhaps, but as the blog puts it delicately ' this is how Brown 
operates'
.

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Spectator Blog - "Coffee House" 29.3.09
Has Darling slipped up over the Dumferline Building Society?
FRASER NELSON 6:21pm


Might the collapse of Dunfermline Building Society turn into a 
political scandal? Tonight, Channel Four news has an interview with 
Jim Faulds, its chairman, who appears to be saying the Treasury have 
been lying about him. He didn't want a bail out, he says, just a £20m 
loan (the spin had been that he wanted three to five times that). He 
also flatly denies Darling's claim that the building society had any 
sub-prime exposure.


Now, knowing the chaos surrounding every bank collapse it would be 
shocking but not surprising if Darling had misunderstood all this. 
Conspiracy theorists will note that, if he has slipped, it will be a 
good time for No 10 to send the dogs after him - punishing him for 
his collusion with Mervyn King over trying to stop Brown launching a 
second stimulus.

Darling was sounding mighty confident earlier, telling the BBC1 
Politics Show "Mervyn King was right that all governments have to 
take a cautious stance. I speak to Mervyn King all the time so, no, I 
was not surprised." I would not be surprised if some knives come out 
for Daring now: this is how Brown operates. This story may just be 
the opening that Brown's attack dogs need.