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new chairman of uk consumer financial education body – too trusting? September 21, 2010

Posted by Bradley in : financial regulation , trackback

Yesterday the FSA announced that Gerard Lemos is to be the chairman of the Consumer Financial Education Body. He seems to be a big believer in trust:

In other ways perhaps trust has even grown. Trust is not a zero sum game. I encounter what I might call new horizontal social movements of trust everywhere: millions of people have joined local book clubs. They didn’t need encouragement from the government or business; there is a global movement of people who sing in choirs from Jesmond to Johannesburg. And in politics, which is supposedly the place where no one trusts anyone anymore, environmental issues have galvanised hundreds of millions of people, leaving international organisations far behind and struggling to catch up.

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