Tuesday 18 January 2011

FSA fines Barclays £7.7 million for investment advice shenanigans

Well, 'failings'; that's the word the FSA has used. Yes, shockingly, the FSA is still in business. It's like one of those Hollywood films. The bad guy has been shot, stabbed, hit on the head with an ashtray, and hung, drawn and quartered, and drowned. You relax a bit. The next thing you know, his lifeless body has sprung to, er, life, and there's another five minutes or so to go until Daniel Craig or Bruce Willis (or someone of that kidney) finishes him off with an atom bomb. And, as I recently intimated, even an atom bomb wouldn't settle the FSA's hash.