Thread: Northern Rock
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Old 18-02-2008, 11:49   #25
Osem
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Re: Northern Rock

Quote:
Originally Posted by lostandconfused View Post
If there is proven malpractice then the FSA can take action, such as banning them from working in any financial situation
but that presupposes that the FSA aren't inept. Furthermore I understand that there is some legal doubt about how HMG has acted (not for the first time eh!!) in all of this and that disgruntled shareholders will be pursuing the matter through the courts.

I wonder what Gordy would have instructed his puppet Darling to do had this debacle unfolded after he'd just won a general election or had the insititution involved been for example one which was southern based and identified more with a middle/upper class customer base.
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