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.”

Posted by capt. picard @ 04:03 PM (899 views)
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