Tories name men to lead break up of FSA if they win power - Business News, Business - The Independent
This is like a nasty game of chess where the pieces explode, in 1997 is was decided to move the 740 banking regulators from the BofE to the brand spanking new FSA (actually just a renamed SIB born 1985), there they sat and watched the banks fall in between the regulatory gaps provided by the FSMA 2000, now the Tories want to move these people back to the BofE, can anyone tell me what difference that will make? The same people who failed us over the banks?
And, who will pay to reinstate them into their gold plated pension scheme?
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