‘Show trials’ in UK distract from the failure of the regulators

The UK Financial Services Authority (FSA) are pursuing two high-profile investigations into alleged insider-dealing rings. In March, prosecutors secured a rare prison sentence against a former stockbroker. Why now? For years, traders in the financial markets stood more risk of getting struck by lightning on the golf course than they did of being arrested for swapping a few share tips on the same fairways…. In reality, the regulators are responding to a public mood that has turned hostile to bankers.

Read more: ‘Show trials’ in UK distract from the failure of the regulators — Independent.ie