John Lanchester
TALKING POLITICS
Catherine Carr
4.7 • 2.5K Ratings
🗓️ 13 April 2017
⏱️ 36 minutes
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| 0:00.0 | Hello, my name is David Ronsman and this is Talking Politics. |
| 0:07.0 | I'm delighted that we're joined by John Lentister and we've also got Helen Thompson here. |
| 0:16.6 | This is a joint episode that we're doing with the London Rio Books. We do a few of these. |
| 0:21.6 | It's great to have John here because John has written in the LRB about pretty much all the |
| 0:25.5 | things that we're interested in on this podcast, money and technology and politics and power. |
| 0:31.4 | We're going to touch base with a few things that John has written over the past few years |
| 0:35.2 | actually in the LRB and we'll post links to those pieces if people want to read up on them |
| 0:40.6 | afterwards. We're going to start by talking about banks because one of the things that |
| 0:46.0 | John does is he translates from the world of the bankers to the world of the rest of us, |
| 0:50.2 | what some of them are actually thinking. This week there's been another, I don't know, |
| 0:54.3 | we'll ask John a second, maybe not so big scandal involving LIBOR and the possibility |
| 1:00.2 | that the Bank of England was implicated in the LIBOR fixing and John wrote about that a |
| 1:04.6 | few years ago. But a broader question to start with, how are the bankers feeling post-Brexit |
| 1:12.1 | post-Trump about a world in which politics has, I imagine, for some of them gone mad? |
| 1:19.8 | Do they feel implicated? |
| 1:22.4 | I doubt it. I mean, I should start by saying bankers in the strict sense, I don't know |
| 1:26.5 | very many of them anymore because they stopped talking to me. |
| 1:29.5 | As the thing Michael Lewis said somewhere that if the banks think they have nothing to hide, |
| 1:35.1 | they certainly don't behave like it. And one of the things that's happened is that all |
| 1:38.3 | the channels of communication that are around in kind of 2010 have sealed up and people |
| 1:43.3 | are incredibly close-mouthed if you're not an insider. They won't talk. There doesn't |
| 1:47.8 | go for the whole of finance, by the way. There are lots of people in other areas who talk |
... |
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