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He was questioned about the banking crisis during a session of the Treasury Select Committee of the House of Commons on February 12, 2009.
On 12 February 2009, the CEO of Lloyds group, Eric Daniels, was questioned about the banking crisis during a session of the Treasury Select Committee of the House of Commons.
As a key ally of the then Shadow Foreign Secretary Robin Cook, Cousins was still hopeful of a ministerial job when Labour won the election in 1997, but his hopes were dashed and instead he became an influential member of the backbench Treasury Select Committee.