Sir James Crosby resigns from the FSA
Labels: Sir James Crosby
A continuing chronicle of how democracy is being destroyed across the entire European Union.
This blog is henceforth exploring various means whereby democracy may now be restored within or to the EU's formerly independent nation states now that economic chaos looms following the euro currency's apparently deliberate self-destruction, as long predicted on this blog? (Changed 23/11/10)
Labels: Sir James Crosby
Paul Moore, the former head of risk at HBOS, said that he was personally fired by Sir James Crosby, then its chief executive, after repeatedly warning that the bank was growing too fast.
Sir James was later appointed by Mr Brown as deputy chairman of the Financial Services Authority and is an adviser to the Treasury.
Most papers give prominence to the same story with varying degrees of incredulity and disgust. Helen Wright commenting on Heffer's column this morning sums it all up rather nicely for me, she writes:All of us to blame? Including those of us without credit cards and huge loans? Including those of us who work and live hand to mouth? Even those of us who have been constantly and vocally complaining of the New Labour version of Parliament, from which a signatory of the Scottish Claim of Right rules over England and imposes Auld Enemy Policies onto his English Lab Rats? The media and English politicians can take full responsiblity for this horrendous abuse of the electorate and for the shameful Apartheid System implemented by our British Rulers - but if you expect me to carry your share of the blame - and the rest of us who work our arses off and expect nothing but what we pay for ourselves in return - then you can go swivel on Gordon's skirt hems. We will not all carry your burden of shame, when we have already been suffering enough.
Labels: Gordon Brown, Sir James Crosby