Life after the FSA: Turner joins Soros think tank

Turner will become a senior fellow in the Institute for New Economic Thinking's (INET's) London offices. The BBC reports Turner had been seen as a front-runner to become the next governor of the Bank of England but missed out to Mark Carney. The FSA was split into two separate watchdogs on Monday the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA). "In the wake of the financial crisis, economics must address fundamental issues and ask questions about its own pre-crisis failures," Turner said. "Inet is playing a major role in supporting new research an...