This is a quote from the book "Chancellor Alistair Darling on brink of second bailout for banks" by The Times
... are close to cutting off their noses to spite their faces”

Lord Mandelson, Business Secretary, accuses the banks of being too conservative, Nov 30

“The banks have to unde rstand that we have put substantial sums of public money in to support them. They, in turn, need to play their part”

Alistair Darling, Dec 10

“Quite clearly a lot more nee ds to be done”

Alistair Darling, Dec 15

...
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