McCain slams 'casino culture' on Wall Street

The US government was “forced” into proposing a $85bn bail-out of insurance giant AIG because of “failed regulation, reckless management and a casino culture on Wall Street”, Republican presidential nominee John McCain said today.

McCain slams 'casino culture' on Wall Street

The US government was “forced” into proposing a $85bn bail-out of insurance giant AIG because of “failed regulation, reckless management and a casino culture on Wall Street”, Republican presidential nominee John McCain said today.

The Arizona senator’s comments come after he flatly rejected the idea of a tax-payer bail-out for the nation’s largest insurer yesterday.

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