Tuesday 18 February 2014

Flowering Exception

I thought you might like a bit of an update on the Co-operative pantomime villain Paul Flowers. The link below will provide you with your 60 second recap……
 
 
Well the first thing to mention is that it was ‘gentlemen’ of the night not ‘ladies’. Sincere apologies for misleading.
 
Secondly, Paul Flowers no longer sits on Ed Miliband’s Labour Finance Advisory Group. You don’t want a loose cannon within a non-safe distance leading up to a General Election now would you!!!!!
 
Thirdly (and least surprisingly), nobody has / wants to take any responsibility for originally awarding Paul Flowers a ‘fit and proper’ person to run a banking institution in the UK. What is surprising though is that the Supervision Director (Clive Adamson) at the regulator has stated he has “no regrets” and “it wasn’t a mistake”. Really? Exactly which part wasn’t a mistake? 
 
Well, I was brought up to take responsibility for my actions, admit mistakes and learn from them. I naively assumed that others do the same but it appears there are too many in politics and financial regulation who don’t. What a shame……we would be a far better country for it.
 
I’ll just add it to the list of disappointments we ‘accept’ from those that represent us.

 

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