"In our families we raise our children to work hard and to do their best and do their bit. We don't reward them for taking risks that would put them or others in danger, and we don't encourage them to seek short-term gratification at the expense of long-term value.
And in Britain's small businesses, managers and owners do not train their teams to invest recklessly, behave secretively or keep their biggest gambles off the books.
Most people who have worked hard to build up their firm or shop don't understand why any company would give rewards for failure; or how MPs have grown fabulously wealthy making claims for second homes and employing family members as wankers.
And so our task today is to bring the imperatives served by our members of parliament into proper alignment with the values held by senior bankers who get even more money than they do - hardly any work, taking expenses, being dishonest, being greedy.It must be fairly transparent but not openly so. And so our task is to agree global economic rules that protect the enduring values of the money we have stashed away for when the electorate throw us out."