Claim 494c73c6Checked 21 Jul 2026
TrueOn the truth scale
“Nigel Farage condemns the people who deregulated banking.”
Reasoning & Evidence21 Jul 2026
Nigel Farage condemned those responsible for the banking excesses, including regulators and politicians who permitted the deregulated environment. The interview turn itself evidences this directly, with Farage stating that "many of those people should be in prison for what they have done. As should the regulators and the politicians that allowed it." Additionally, Farage is widely attributed as saying: "The banking collapse was caused, more than anything, by bad government policy and the total failure of bad regulation, rather than by greed." His November 2011 article "Who will defend the City?" (London Loves Business) further criticized the regulatory framework and those responsible for the 2008 crisis.
Sources:
- The interview turn itself (Farage stating that "many of those people should be in prison for what they have done. As should the regulators and the politicians that allowed it") directly evidences that he condemned those responsible for the banking excesses, including regulators and politicians who permitted the deregulated environment.
- Nigel Farage quote (widely attributed): "The banking collapse was caused, more than anything, by bad government policy and the total failure of bad regulation, rather than by greed." (QuotesLyfe / AZQuotes / Forbes India) — https://www.quoteslyfe.com/quote/The-banking-collapse-was-caused-more-than-286245
- Farage's November 2011 article "Who will defend the City?" (London Loves Business), published around the same period, in which he criticized the regulatory framework and those responsible for the 2008 crisis — https://londonlovesbusiness.com/nigel-farage-who-will-defend-the-city/
From article
I’m a bit confused. You describe yourself as a libertarian (rather than a conservative), and yet you condemn the people who deregulated banking?
Sources opened