FCA

  • jonathan burrows 2

    News

    Ex-BlackRock Exec Regrets £43,000 Commuting Scam, Will Never Work In This Town Again

    Remember Jonathan Burrows? Former senior executive at BlackRock in London? Saved himself a nice chunk of change by only paying £7.20 of the £21.50 his daily commute from East Sussex to the City cost, for a period of at least five years? Upon being made aware last summer the U.K. Financial Conduct Authority was investigating […]

    / Dec 15, 2014 at 2:48 PM
  • News

    FCA Takin’ It Easy With Forexgate

    You know what turned out to be a real pain in the ass for the U.K.’s Financial Conduct Authority? Going after all of those individual Liborgaters and trying to hold them financially accountable for what they’ve done. Well, it’s not going to make that mistake again.

    / Sep 26, 2014 at 2:34 PM
  • Screen Shot 2014-08-06 at 12.26.27 PM

    News

    Ex-BlackRock Exec Doesn’t Have To Explain His £43,000 Commuting Scam To You

    One of the more unglamorous aspects of being an adult with a job outside the home is the matter of commuting. Whether you’re driving, taking the subway, or being chauffeured, the entire thing is a grind, a time-suck, a nuisance, and an opportunity to catch whatever the breeding grounds for bacteria violating your personal space […]

    / Aug 6, 2014 at 12:40 PM
  • John Stumpf is, like, in the stagecoach or whatever.

    Banks, News

    Wells Fargo Managed To Sell Bad Mortgages Without Sending Embarrassing Obscenity-Filled Emails About It

    Ooh so Wells Fargo screwed the government out of hundreds of millions of dollars of mortgage insurance by fraudulent underwriting, allegedly. We’ve all heard big-bank mortgage fraud stories by now and they’re usually pretty juicy and smoking-gun-tastic: “shit breathers,” etc. And the government claims that WFC submitted somewhere between 6,000 and 50,000 bad loans, while […]

    / Oct 9, 2012 at 7:19 PM

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