FCA Staff engaged in theft and shitting on floor as investors get hit by scandal after scandal

By Tom Winnifrith | Tuesday 12 November 2019

The Evening Standard has got hold of a shocking memo from the Financial Conduct Authority's chief operating officer Georgina Philippou in which she said she was “appalled about the incidents of bad behaviour towards our building and colleagues.” It gets better...

As folks wonder why the FCA was over Neil Woodford, mini-bonds and so much else, perhaps it is becuase the staff have their minds on other things. In the memo Philippu said she was “ashamed” of the behaviour of a “minority of colleagues” as she detailed misdemeanours, including “leaving cutlery and crockery in the kitchen areas, overflowing bins, stealing plants and charging cables from desks, catering and security teams being subject to verbal abuse, colleagues defecating on the floor in toilet cubicles on a particular floor, urinating on the floor in the men’s toilets and leaving alcohol bottles in sanitary bins”.

I so remember pompous ass Sir George Young ( now Lord Young) telling me that I should not worry about the Quindell fraud which was about to effect so m any of his consituents in Hampshire becuase "I am sure that the FCA has it all in hand." Whatever you say Lord Young.

Follow @ShareProphets

This area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.

Comments

Comments are turned off for this article.

Search ShareProphets |

Stock market news |