Debate House Prices


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MSE News: FSA chief executive to step down

Former_MSE_Guy
Former_MSE_Guy Posts: 1,650 Forumite
I've been Money Tipped! Newshound! Chutzpah Haggler
in Debate House Prices & the Economy
This is the discussion thread for the following MSE News Story:

"The man who led the City regulator during the worst financial crisis of modern times will quit this summer ..."
Read the full story:
FSA chief executive to step down

OfficialStamp.gif

Comments

  • Asheron
    Asheron Posts: 1,229 Forumite
    The rats are jumping ship over 50 top CEO's have quit there jobs in Uk and USA in the last 3 weeks!

    Moving abroad? Haha you bet
    As an investor, you know that any kind of investment opportunity has its risks, and investing in Stocks or Precious Metals is highly speculative. All of the content I post is for informational purposes only.
  • 1984ReturnsForReal_2
    1984ReturnsForReal_2 Posts: 15,431 Forumite
    Asheron wrote: »
    The rats are jumping ship over 50 top CEO's have quit there jobs in Uk and USA in the last 3 weeks!

    Moving abroad? Haha you bet


    Cashing out.....
    Not Again
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Asheron wrote: »
    The rats are jumping ship over 50 top CEO's have quit there jobs in Uk and USA in the last 3 weeks!

    Moving abroad? Haha you bet

    Yes, worried about the Tories winning the election icon7.gif

    And today they're a bit uneasy about the resignation of Hector Sants as chief executive of the Financial Services Authority - because it is an open secret in the City that he is opposed to the Tories' plan for breaking up the FSA and transferring the supervision and regulation of banks to the Bank of England.

    http://www.bbc.co.uk/blogs/thereporters/robertpeston/2010/02/why_sants_exit_is_embarrassing.html
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • kmmr
    kmmr Posts: 1,373 Forumite
    But he is being talked about as the new deputy governor of the bank. Perhaps just pre-empting the move of the FSA. Might end up in the same role as the head of the supervisory authority.
This discussion has been closed.
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