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Correct me if I'm wrong but havn't the FSA got things a little wrong? Instead of regulating banks activities, and then constantly playing catch-up when the bank invents new 'activities' in trading, surely they should legislate exactly what the trading terms and types are. In this way, only the prescribed trading would be lawful. Everyone would know where they stand and there could be no invention of new trading types. 'Regulation' as we know it has clearly had no regulatory effect whatsoever. Unlike speed cameras!!! There, neatly back to motoring...
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I'm expecteing stock markets to react and show what they think of the G20 meeting..
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"I'm expecteing stock markets to react and show what they think of the G20 meeting.."
Well, yeah, that's what they do. I predict they will too.
Any idea what they think of it, or do you want to tell us after they've done it? :-)
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>>Heh heh mlc... I couldn't help noticing the thing yesterday about every crime victim >>having to receive a visit from a police officer. Bet that was popular in the for..., er, >>service.
Lud, no bull's excrement, most Old Bill would be quite happy to do that. There's a few things they'd like to drop though...such as Customer Focus feedback phone calls.. what a load of tripe.
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Thinking about it Wp, I see I may have got it wrong and that OB probably likes getting about and getting the feel of the community (not just its collar)... Just that, you know, there are so many crimes so petty and untraceable that people don't necessarily need a visit. But perhaps getting about is useful work in itself.
Many years ago someone left the basement window open in this house and an arson attempt was made on it. Someone next door smelt smoke, the fire brigade is only 300 yards up the road and they came and smashed in the fairly strong basement door and put it out. No one was here. It was Christmas eve, middle of the night, and I had to come straight back from the country and deal with it all - put chipboard over the windows, arrange for a new door, buy the firemen a bottle of whisky, that sort of thing.
We got a visit that time, CID. After we had stood in the basement talking for a while they got the creeps and wanted to go upstairs. The flames had licked most of the way across the ceiling in the front room from the woodwork inside the window setting the ceiling paper on fire. These houses, from the 1840s, are of wood and lath internal construction and it hadn't been far off catching properly. The room felt quite sinister. Plod as always in real serious situations was more or less impeccable.
They thought they knew who had done it (no one we knew), but there was no evidence.
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