FT.com / UK - Banks fear impact of FSA rule changes: "The trade body for banks will tell the Financial Services Authority today that proposed changes to capital and liquidity requirements do not 'strike the right balance'."
If the banks had been more careful the taxpayer would not have needed to bail them out, Angela Knight now presides over a body representing what is now ,to all intents and purposes, the privatised banking system, if she has any long term solutions for our (the taxpayers) terrible situation then she should stop attacking the Financial Services Authority and bring forward some alternatives to what the failed regulators are proposing, allbeit far too late might I add.
The bankers brought all this upon themselves because they lost their way, what chance is there of them returning to their roots?
Evan Owen
The IFA Defence Union
www.ifadu.co.uk
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