Message from Captain Hindsight...

[scooterscot]

"Should have sold AMD at $33"

[Old Greg]

Yes. But not the BoE.

Usually you blame HMRC, the family courts or the Official Reciever.

[BrilloPad]

Possibly HL too

Yes. But not the BoE.

[Bean]

Isn't this a failure of the FCA?

Possibly HL too

[BrilloPad]

Isn't this a failure of the FCA?

[AtW]

“Mark Carney launched an attack on "open-ended" investment funds with high levels of illiquid holdings, warning they are “built on a lie” and could pose a “systemic” threat following the suspension of Neil Woodford’s flagship fund.

The Governor of the Bank of England told the Treasury select committee on Wednesday that the rise of such funds had created “an expectation from individuals that it is not that different from having money in a bank”.

"These funds are built on a lie, which is that you can have daily liquidity for assets that fundamentally aren't liquid,” he told MPs.

Mr Carney's comments come after Mr Woodford’s Equity Income Fund was temporarily suspended earlier this month, meaning...“

ToryGraph

Oh wow, what a revelation - like it wasn’t obvious for years, wtf have you been doing on your job Carney?