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Mervyn King was a scholar for 20 years before joining the Bank of England.?Photo: BLOOMBERG

The son of a railway Chesham Bois clerk, Buckinghamshire, Governor of the Bank of England was tagged as exceptionally bright at a young age.

When he left Cambridge in 1969, he was one of the students from 12 to 200 economy just to give a first.

Each of his four papers were marked "Alpha", marking him as one of the best economists of his generation.

Mr. King then 20 years were spent as a universitaire.Il came to fame as a professor at the London School of Economics, produce innovative documents which attracted the attention of the representatives of the Government tax.

At the end of the 1980s, he had an opening at the Bank of England, as a member of the "Court" or the Board of Directors .enfin, he joined the Bank as its Chief Economist in 1991.

This is Mr. King, who reinvented quarterly newsletters dusty Bank reports inflation awaited financial media worldwide.

A huge sports fan, he peppered his last speech presenting the report references cricket and once went up to organize a game between employees of the Bank of England and the obvious .moins ex-Villa players is Mr. King love of music.

As Governor, he has been criticized by a former member of the monetary policy Committee (MPC), David Blanchflower, as being "the old Bank of England iron fist".Alternative views, said Mr. Blanchflower, gave "abused".

However, another former member of the CPC, speaking on condition of anonymity, disagreement: "Mervyn has an energetic and bullying personality, but this is not the same as the group reflection."

"It is always a risk of committees, but the structure of the CPC makes it less likely to suffer from"reflection group"because it has such a rapid turnover of external members."

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The Governor must go after secret cables, published by WikiLeaks showed him "politically biased", David Blanchflower, former member of the Bank's monetary policy Committee said.

Mr. King has expressed "great concern" the Ambassador in London, David Cameron and George Osborne "lack of experience" in the weeks before the elections, show the cables.

However, another former member of the MPC and distinguished Economist, Professor Charles Goodhart, said that it was "ridiculous" propose position of the Governor of the was untenable.

?Comments on WikiLeaks make it perfectly clear that the Governor is not in the pocket of the coalition of the tout.Si anything, they highlight how independent from any party political as it was ", he said.

"I dread to think that is it spent some comments on our politicians that the previous Central Bank Governors had made private become public."

"Governors are human and have views on the relevance of our politicians and policy and in private, often make comments."

His views were taken over by economists who suggested Mr. Blanchflower argument city was too extreme.

"Blanchflower has been there for some time, King said Howard Archer, an economist at IHS Global Insight."

There is clearly a personality conflict between King and Blanchflower and [incident] course provides ammunition Blanchflower.

"King, I am sure that themselves do not want these comments to go public but to be honest, I think that calls to resign are on top.

Philip Shaw, an economist at Investec, said the Governor about Mr. Cameron comments and Mr. Osborne until they arrived in power were embarrassing, but do not political bias.

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Shortly after the Bank of England has begun its quantitative easing program Mr. King pointed out it may refrain from granting it spending ￡ full silver newly established Government and commercial obligations. These remarks caused an auction of government bond failure and sent to gilt - yields increase if the Bank has less buy gilts it a less attractive investment.

In a speech that was widely regarded as a call for high split off the coast of investment banking, the Governor street banks said bailing out banks had "created perhaps the greatest risk of morale in history."

"It is in our collective interest to reduce the dependence of many households and businesses on the institutions so that engage in risky as activities," he said. "The case for a serious examination of how the banking industry is structured and regulated is strong.

Mervyn King also had words placed in the mouth by others. During the election campaign in the spring, David Hale, an American economist, said Mr. King Australian television "told me that whoever wins this election is power for a whole generation of how difficult budgetary austerity will be."

With the wisdom of hindsight, Mr. King said last month that the amount of risk taken by banks banking crisis 2008 term was "absurd."

"Too many banks balance sheets were an accident waiting to happen," he said economists parade in New York. "For all clever innovation in the financial system, its Achilles heel was and remains simply levels – indeed absurd - extraordinary lever represented by a strong dependence on debt in the short term.

The Governor often uses analogies of cricket to illustrate a point monétaire.Précisant dedication the Bank for the control of inflation, this month, he waxed lyrical:

"As English batsman prepare to defend the ashes, look carefully and perfectly balanced in the ready to play forward fold or according to the length of the incoming, so that the monetary policy Committee will be delivery to look at the data incoming carefully, ready to adjust the policy in both directions to maintain inflation on the right track to achieve the objective of the 2pc medium-term."

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