It's funny, they are talking about the FSA now. I was told by a friend who works in the City that it's widely known, and a source of much amusement to those in the world of finance, that those bright sparks trained up by the FSA to the highest level, the brainiest stars they have sourced and educated to regulate the world of finance, get poached by the very companies they have been trained to regulate as soon as they reach the end of their training.
I guess it would make for interesting reading, a breakdown of the numbers of FSA trainees who left for bigger salaries instead of staying with the regulators who educated them up to understand all there is to know about complex financial dealings.
Not such a great programme, I didn't think, no new news there.
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