Monday, September 24, 2012
Tragedy of Savings Accounts and Why Governments Compensation Scheme Does Not Work
Lets us start from the factual information that under FSCS (Financial Services Compensation Scheme) since 2001 FSCS has paid out 4.6 million customers ?26 billion to those who have lost their savings or investments to companies which have been covered by the scheme. However let us break down the figure.
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