The City has to shape up – but it’s not all to blame for this crisis | News

The City has to shape up – but it’s not all to blame for this crisis News: "When the FSA fails so miserably to supervise one sector which it is responsible for it impacts upon all others whether they have contributed to the mess we see before us or not. The blame game played by politicians both within and without the Treasury Select Committee harms ALL financial services firms whether they truly are 'fat cats' or a simple one man 9or woman) band which basically provides a social service within its locality. The tragedy is that the financial services industry is unable to speak as one, too many vested interests and empire building and until this fragmented PR machine is coordinated in the way that the 'one size fits all' regulator is expected to deal with a disparate crowd of people who wrongly believe that their little gang is the most important one of all we will see no end to the public flogging of what is the largest and most efficient financial services industry on the planet."