THE QUEST to identify who did what in the split capital investment trust debacle has thrown up some ...
THE QUEST to identify who did what in the split capital investment trust debacle has thrown up some 50 names of individuals who now risk being barred from the City if the FSA finds they colluded to prop up ailing funds, the FT says today. The paper says about 50,000 investors lost about £6.5bn when the 40 splits they invested in ran into trouble, and finding out just what went wrong has turned into the biggest ongoing investigation out of all those currently being done by the FSA. THE TIMES SAYS that the appointment of John Tiner as the new FSA chief executive yesterday signal...
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