Careless talk

Editor's blog

The credit crunch is certainly not lifting, and from eavesdropping on a conversation between two city bankers on the tube this morning even they don’t have any idea when this might happen (note to bankers: careless talk on tube trains costs share price fluctuations). The FSA is under fire yet again, with opposition to its short seller disclosure regime, and with another rogue trader detected in the city, the media are, perhaps unfairly, questioning the merits of the organisation. The feeling has

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