Best Media Stories - 2001
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11/08/2001 - Paul Braithwaite writes in the Telegraph about the role of the FSA 10/06/2001 - Teresa Hunter in the Sunday Telegraph Sir Howard added: ‘If the liabilities are capped, there is no reason to think investors in Equitable will do any worse than any others in the future. ’Turning to events last year (2,000) when Equitable was forced to close its doors to new business, Sir Howard revealed that the Government, in conjunction with the FSA,Bank of England and Treasury, was ready to bail the company out - but only if the crisis had triggered a mass panic. When all remained calm, any suggestion of taxpayer support was quietly withdrawn.
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