Thursday, Jul 24, 2008
The FSA is open to consultation until September 30. It wants to hear your views.
The Renegade Economist: FSA Secrecy
Privileged treatment of the financial sector lends weight to some people’s suspicions that bankers are part of a conspiracy to put money in their pockets at our expense.
An example of how conspiracy theories are fuelled is offered by the plan to protect reckless bankers in Britain from paying the price of their own misdeeds.
Posted by neo-serf @ 11:46 AM (272 views) Add Comment
2 Comments
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1. harold said...
The bailout of banks is merely a reward for the middlemen (the banks). They have done their job dutifully and efficiently. And what was their job? Debt expansion. Now who would want to do that I wonder?
2. Wat Tyler said...
http://en.wikipedia.org/wiki/Financial_Services_Authority
neatly summarises all that is wrong with this institution