September 18th, 2008

"Hello is That the FSA?"

If Lloyds Bank’s Victor Blank was talking to Gordon Brown about take-over plans for HBOS at a cocktail party wasn’t he breaking the takeover code’s strict rules on secrecy? Shouldn’t somebody report them?
Yesterday the headlines said “Gordon Brown orders Lloyds takeover of HBOS”. Does Brown think he can order Lloyds shareholders to vote for the deal? This is a Class 1 transaction, shareholders will decide, not Gordon.

The FT agrees with Guido, is it now official government policy to have the regulators lie to the markets via the media? If the FSA itself is now lying and breaking the laws it is supposed to enforce, is there any point reporting law breakers?


Seen Elsewhere

Labour Turn Their Backs on Jewish Community | Dan Hodges
Chivalry is Not Dead | Laura Perrins
Jonathan Jones is a Tw*t | Iain Dale
Second Scotland Poll Suggests Labour Wipeout | Times
Paedo Probe Boss Urged to Quit | Sun
Keynesian Tories Won’t Eliminate Deficit | Tim Montgomerie
Whitehall Doesn’t Work | Dom Cummings
Russell Brand’s Tax Avoidance Firm | Sun
1 in 7 Young Britons Back ISIS | Times
Apple’s Tim Cook: iGay | Techno Guido
Insurgent Parties Plunge Labour Into Crisis | Alex Wickham


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David Cameron drug policy reformer and leadership contender in 2005…

“Politicians attempt to appeal to the lowest common denominator by posturing with tough policies and calling for crackdown after crackdown. Drugs policy has been failing for decades.”



“Digger” Murdoch says:

Is it just me, or is Nigel Farage just a top hat and a monocle away from being a Batman villain?


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