Asleep On the Job ; Financial Watchdog Owns Up to 'Basic Errors' by Junior and Senior Staff in the Run-Up to the Collapse of Northern Rock
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Summary
THE financial watchdog yesterday admitted a catalogue of mistakes in the run-up to the collapse of Northern Rock last year.
The Financial Services Authority's own internal review listed basic errors by both junior and senior staff.See the full content of this document
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Asleep On the Job ; Financial Watchdog Owns Up to 'Basic Errors' by Junior and Senior Staff in the Run-Up to the Collapse of Northern Rock
As a result, the FSA failed to stop Northern Rock becoming Britain's most devastating casualty of the credit crunch.
Desperate savers queued for hours to withdraw their money.Tory leader David Cameron said the regulator had ...See the full content of this document
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