Katz on the FSA grilling: Monsters, simplified advice and exits

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I watched every minute of the two hour web cast and found it highly illuminating and educational. I think it gave a very valuable insight into the mind set and attitudes of the Regulator.

Let me make it clear that I have nothing in particular against the FSA; I just have a lifelong antipathy to bureaucrats of all types. What I found mildly amusing was that as a spectator it seemed to me that the Parliamentarians in the form of the Treasury Select Committee seemed very uncomfortable with the monster of their creation. It also caused me some amusement to see that the member who widely publicised that he was going to ‘give the FSA hell' at the meeting, was actually a bit of a pussy cat. The Rottweiler of the show was undoubtedly George Mudie, who in fact really did give t...

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