Tuesday, March 12, 2013

Mis-selling redress delayed for millions - Telegraph

Mis-selling redress delayed for millions - Telegraph:

"Is it morally acceptable for a regulator to pocket £10.5m when the firm is unlikely to to repay ALL customers?

If a bank sold this worthless cover as part of a package the bank itself should be held responsible.

Since 1987 I have hoped that regulation would prevent this from happening, instead it appears to be worsening as each day goes by yet the same regulator has just changed its name and carried on as before.

Regulation is bust."

'via Blog this'

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