Bank of England
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the BOe governor fell asleep at the wheel at the FCA
This is a statement from the past from the Current BOE Governor. "Andrew Bailey around 2014 at a Treasury Select Committee meeting:- regarding the PRA But these comments were also referring to Himself & a team in general. "I am unashamedly a hands-on leader, and I don’t like being isolated from what is going on." I "It is very important to have such a team who are, like me",committed to putting into effect supervision to pursue our statutory objectives, and to having an open style of communication and accountability. Sounds really encouraging that you have this man at the helm but just prior to his BOe appointment, Andrew Bailey was at the helm of FCA and fell asleep at the wheel putting it on collision course and ignored all the warnings that LCF was a 236 Million Pound Ponzi scheme and lost his sense of smell as his staff were defecating on the floor. All this was in the Public Domain but the powers to be still appointed Andrew Bailey as BOe Governor. HOW??? Minouche Shafik, a former BoE deputy governor who is director of the London School of Economics was a prime candidate but the advise of Bradley Fried was not heeded who said. It will be a brilliant moment for this institution when we appoint our first woman governor and it will be a brilliant moment for the institution when we appoint our first BAME (black, Asian and minority ethnic) governor," Bradley Fried, chair of the BoE's Court, said.