Monday, March 29, 2010

Lancashire IFA jailed for five years for defrauding clients | News | Money Marketing

Lancashire IFA jailed for five years for defrauding clients | News | Money Marketing

Never mind, the RDR will put and end to all this, professionals never do that do they?

Oh, silly me, I forgot that 'some' solicitors run off with £millions from client accounts and others are busy defrauding lenders with the assistance of other 'professionals', valuers for example, and the Law Society took 300 years to get to this level of 'professionalism'.

Oh, dear, the RDR will miss its target as predicted at outset.

Nobody listens, they may smile, nod and make 'interesting' comments but they certainly haven't a clue.

Thomas Sowell's quotes include:

No matter how disastrously some policy has turned out, anyone who criticizes it can expect to hear: "But what would you replace it with?" When you put out a fire, what do you replace it with”

“You will never understand bureaucracies until you understand that for bureaucrats procedure is everything and outcomes are nothing.”

“The most basic question is not what is best, but who shall decide what is best”

“Too much of what is called "education" is little more than an expensive isolation from reality”

“It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong"

Quite!

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