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My FOI request on the FSA threw up SFA
June 22, 2009 3:58 pm No Comments
I am at the apparent end of a tussle with the Financial Services Authority (FSA). Or I think I am. Last month it was revealed that 51 individuals had effectively failed to pass muster as “competent” to hold key positions in Britain’s financial services industry. Or to put it more politely, these individuals had “withdrawn” [...]
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MPs must stop this 'conspiracy of silence'
March 12, 2009 3:55 pm 5 Comments
I blogged earlier this week about the possibility that our disgraced bank bosses had signed “gagging orders” as part of their severance deals, stopping them from talking about what happened to the banks on their watch (earlier this week we asked RBS and Lloyds TSB to confirm or deny this, but they have yet to [...]
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When a gag becomes a get-out clause
March 10, 2009 6:45 pm No Comments
I had dinner last night with a private equity guy who is still in the money. Interesting entity. He tipped me to something I had not thought about.

