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SSE are very sorry...

(55 Posts)
Grannybug Thu 04-Apr-13 08:29:16

Pigs and troughs! The thing that astounds me is the blatant lack of shame at being caught. Greatnansmile

Greatnan Thu 04-Apr-13 07:55:15

Quis custodiet ipsos custodes? (Who guards the guardians)
The head of the Audit Commission was found out making dodgy expenses claims and we all remember the excessive claims of some MPs and MEPs (including the Kinnocks).
Customers have been ripped off not only by banks and energy companies but by many other firms. The mantra that 'only the little people pay taxes' still holds good.

absent Thu 04-Apr-13 07:43:50

It's easy to say sorry and not that hard to pay a fine when there is no legal force to compel the company to compensate those who have been defrauded. The former regulator is right that the system needs changing.

And there goes another flying pig…

Eloethan Thu 04-Apr-13 00:19:09

Every week it's something.

A former regulator was interviewed on Radio 4 today and he said what we need with these utility companies is "supervision", not "regulation". He said that regulation is mostly being alerted by the public of fraudulent/improper dealings after they've occurred and then levying fines, whereas supervision is providing strict guidelines as to what is and is not allowed and ensuring that the companies adhere to them.

Greatnan Wed 03-Apr-13 18:40:46

that they got caught. What is the betting that no person will be found guilty, any more than has happened with the banks failures.