Wednesday, January 27, 2010
FSA’s Turner Criticizes Tory Plans for U.K. Financial Regulator
FSA’s Turner Criticizes Tory Plans for U.K. Financial Regulator
The head of Britain’s financial regulator criticized opposition Conservative lawmakers’ plans to disband the agency if they win this year’s election. The U.K. is “in the middle of a financial crisis,†Financial Services Authority Chairman Adair Turner said today in an interview with Bloomberg Television at the World Economic Forum in Davos, Switzerland. “I wouldn’t have done it.â€
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