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xxxxx xxxxxx the sort of total fucktard the FCA employs and its indifference to the Beaufort Scandal

Tom Winnifrith Tuesday 24 April 2018

 

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The scandal at Beaufort is that fat cat administrators are pillaging the accounts of 14,000 customers to fund theior own bloated fees of £100 million, something - that as explained here - is totally unnecessary since 10 other firms would have bought and transferred these accounts weeks ago. Customers are being screwed. So what is the FCA doing to help protect investors - step forward mentally retarded employee of the month xxxxxx xxxxxxx ( name redacted following a fascist letter from the FCA see HERE).

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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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There are  no guests in this  week’s show which is sponsored by Open Orphan PLC (ORPH). it is just me, at the end of a momentous day in the world of financial services. First up I discuss Thomas Cook (TCG) and grandstanding by limp dick MPs, executive greed, the failings of NEDs and fund managers and the heroin that is debt. Then the vast bulk of the show is devoted to Neil Woodford. What went right and what went wrong and why? Why the FCA is cuplable and why Woodford should go to jail. What were the warning signs everyone bar this website ignored? Who else is to blame? Why Hargreaves Lansdown (HL.) must be broken up. What will happen to each of the 3 vehicles Woodford was fired from or quit yesterday and how much cash investors wil get back.If you like this and can’t wait seven days for more of the same  and are tired of being a cheapskate you should listen to my Bearcast every day.

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