The safety of banks wasn't on FSA agenda
3 hours ago
Between January 2006 and July 2007, of the items reported to the FSA board by its then chief executive, just "one out of 110 related to bank prudential issues". So the safety and security of banks was hardly on the agenda of the FSA at all - just when the banks themselves were engaged in the most reckless lending and investing spree in British history.