Turner and Sants of the FSA appeared before the Treasury select committee today, and finally fingered NuLab as the architects of Britain’s financial woes. I don’t see how Brown can dodge this one when normal hostilities resume. Among the highlights, reported by Pesto : \’The FSA [will] be increasing the capital requirements for the trading activities of banks by several hundred per cent. This means that the securities trading and investment banking activities will become more expensive for
At Last: the FSA Bubbles Brown
2月 26th, 2009
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