Pretty ironic coming from him if you think about his past with the GBP. Is he responsible in some small part for the disaster that is the UK today?
Seems the regulators has been absent for years. Might be time for a commission to make it look like they are doing something.
I reckon they will reinstate the shorting uptick rule in the face of a retail investor revolution and then drop it quietly again in a decade or two.
Just how DID the banks manage to co-opt the regulators into letting them off the leash? Is it all done by setting up education trusts, investment tips and such like for 'co-operative' parties?
