FT's Gillian Tett on banking crisis, Goodwin and Hester
3 February 2012 Last updated at 11:30 GMT
The woman credited with foreseeing the financial crash claimed people love to bash the bankers but they were not the only ones to blame.
Gillian Tett, the US managing editor of the Financial Times, said politicians and the public were looking for someone to blame, but the real issue was to find a fix.
She then joined a studio debate with Michael Portillo, Alastair Campbell and Andrew Neil.