Blog posts tagged "Financial Services Authority"

March 17, 2010 12:22 pm 14 Comments

Alexis Stenfors, a 39-year-old trader who lost Merrill Lynch millions and then tried to cover his tracks, is an every day story of the complete Alice-in-Wonderland world in which the 2008 crash was engineered, writes Jon Snow.

July 16, 2009 10:46 am No Comments

So today we get a squint at the new regulations that MAY be brought in to guard against the greed, ignorance and arrogance that brought about the banking melt down and consequent financial crisis last year. Sir David Walker’s interim report lands on the chancellor’s desk today. It is said to reveal the unbelievable lack [...]

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 Or to put it more politely, these individuals had “withdrawn” [...]

June 11, 2009 6:57 pm No Comments

How can it be that this far into Britain’s financial crisis, yet another building society is in trouble? Tonight the West Bromwich Building Society’s future hangs in the balance as it fights to find extra financial resources to keep going.