While contemplating a foray into rubber gloves, the chairman gives his opinion on the L&G-FSA tussle
"I read in The Times the FSA is planning a tougher and more intrusive approach to its investigations after its procedures were criticised in the Legal & General case," I said to the chairman of the insignificantly-sized investment company SmallBlue Planet the other day as we sat in The Procterologist, drinking pints of Enforcer. "That reminds me," winced the chairman. "I must send a memo to my fund managers to go overweight on rubber-glove manufacturers." "Good tip," I replied. "But what do you think about this whole spat anyway? Was it really a Pyrrhic victory – and, if so, for whom? I'm ...
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