Wednesday, 11 February 2009

The Fucking Shoddy Arseholes, more like

The FSA. Seriously, what the fuck use are they to anybody? They always seem to side with the banks and corporations rather than the consumer, who they are supposed to protect. That's supposed to be their fucking job. However, siding with the banks - now why do you suppose they might do that?

One look at some of the directors on the Board of Directors should tell you all you need to know:

Deputy Chairman - vacant, following resignation of Sir James Crosby (who was the CEO of HBOS)
Hector Sants - Chief Executive, formerly CEO EMEA Credit Suisse First Boston
Peter Fisher - Non-executive FSA Board member, Managing Director of BlackRock
Karin Forseke - Non-executive FSA Board, formerly CEO of Carnegie Investment Bank AB
Sir John Gieve - Non-executive FSA Board member, Deputy Governor, Financial Stability of the Bank of England
Professor David Miles - Non-executive FSA Board member, Managing Director and Chief UK Economist at Morgan Stanley
Michael Slack - Non-executive FSA Board, Director of the British Insurance Brokers' Association

It's just a load of fucking bankers. And I mean that in every way possible.

No wonder that they've extended the "Test Case" on overdraft charges for another 6 months. And that they didn't help consumers over mis-sold Payment Protection Insuarance.

And now the Deputy Chairman has resigned, not because he thinks he's done anything wrong in sacking a whistleblower who was revealing the problem with the banks way back in 2004, but because he feels it's the "right course of action".

They must have a fuck-load of skeletons in their closet.

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