Tuesday, July 28, 2009

UK Financial Institutions head Kingman faces up to 2 year "Gardening leave" - a useful hiatus / avocation for US Government officials?

The UK's Financial Times reported "It emerged that Mr Kingman (head of UKFI) had already been in talks with at least one bank — a potential conflict of interest, which means that he could be forced to take up to two years’ “gardening leave”.

It seems to me that the smell of freshly tended REAL, genuine, not artificial, fake or plastic flowers could do the US financial "system" some good. After all Mr Geithner and Mr Bernanke bemoaned that the "systems" failed us; which reasonably implies that the "systems" caused the crisis no?

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