Thursday, May 13, 2010

UK Banking

So the Liberals and the Conservatives plan to investigate the banks and their activities. How do they propose to do this?
If it's the FSA then they are on a loser and very expensive investigation and one which will be a fudge.
Is this the bfirst signs of banks moving away from London? we shall see.
The bonuses have been rediculous and this has been a short term gain. The only people to benefit are those who have receiuved the bonuses and can now stop work and do their own thing.
HSBC moving back to HongKong! Hedged Funds to Switzerland! this is the start of it all.
Goodbye UK financial industry.

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