Blair Bank Targeted in £8.5bn FSA Probe


	Blair Bank Targeted in £8.5bn FSA Probe

thisnamecantbetaken

8-14-2009 10:11 AM

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thisnamecantbetaken says:

Tsk tsk tsk.

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8-14-2009 2:20 PM

Lifestar

Bad boy Tony...

Greetings hon ^_^

8-15-2009 12:08 PM

thisnamecantbetaken

Greetings back, sugar. .

8-15-2009 12:53 PM

Lifestar

http://www.youtube.com/watch?v=Lxgl-vNkeYM&feature=related

I'm back. Talk to you soon, I hope. ^_^

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/560b042d-d144-4184-bbf2-3134c5cf83ec/F905EFFE-35D7-4E98-9B47-9885A9A0C70C/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.thisismoney.co.uk/markets/article.html?in_article_id=489457&in_page_id=3" href="http://www.thisismoney.co.uk/markets/article.html?in_article_id=489457&in_page_id=3" style="font-size: 11px;">www.thisismoney.co.uk</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.thisismoney.co.uk/markets/article.html?in_article_id=489457&in_page_id=3"><H2>Blair bank targeted in £8.5bn FSA probe</H2></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.thisismoney.co.uk/markets/article.html?in_article_id=489457&in_page_id=3"><div align="center"><img src="http://content6.clipmarks.com/blog_cache/www.thisismoney.co.uk/img/52FDBB23-A11B-498E-979A-CC6FC8C77607" alt="Tony Blair" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.thisismoney.co.uk/markets/article.html?in_article_id=489457&in_page_id=3"><STRONG>Exclusive: </STRONG><EM>The bank where Tony Blair is an adviser is the target of an unprecedented probe involving billions of pounds of customers' funds, the Daily Mail can disclose</EM>. 
</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.thisismoney.co.uk/markets/article.html?in_article_id=489457&in_page_id=3"><STRONG><A href="http://www.thisismoney.co.uk/jpm">JP Morgan Chase</A></STRONG>, whose chief executive Jamie Dimon last year recruited the former prime minister as an adviser, is being investigated by the City's watchdog, the <STRONG><A class="jargon" target="_blank" href="http://www.thisismoney.co.uk/jargon/F/financial-services-authority">Financial Services Authority</A></STRONG> for allegedly failing to keep track of £8.5bn of clients' money. 
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</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.thisismoney.co.uk/markets/article.html?in_article_id=489457&in_page_id=3"><P>But JP Morgan managers in London discovered last month that client and bank money used for trading <STRONG><A class="jargon" target="_blank" href="http://www.thisismoney.co.uk/jargon/F/futures-and-options">futures and options</A></STRONG> - a way of speculating on movements in currencies, share prices and <STRONG><A class="jargon" target="_blank" href="http://www.thisismoney.co.uk/jargon/C/commodities">commodities</A></STRONG> - had apparently been put into a single pool. 
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