TITLE

Thinktank call to cut core out of 'self-obsessed' FSA

AUTHOR(S)
Blackmore, Nicole
PUB. DATE
June 2009
SOURCE
Money Marketing;6/25/2009, p11
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the criticism of Financial Services Authority's (FSA) response to the financial crisis by the Adam Smith Institute in Great Britain. It notes that the institute believes that FSA's lack of recognition on the extent of its own failings compromises its ability to improve regulation. It adds that the FSA introduced red herrings to distract people from its accountability in the crisis. Moreover, it claims that the core dilemma is the self-obsession and self-justification.
ACCESSION #
43380900

 

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