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The real reasons for Massow’s failure

Whatever the reason for the failure of this business, it’s not likely to be increased regulatory costs.

Unwelcome and excessive though they are, sound businesses are, and will continue to, survive and prosper.

The issue here was a poor and badly researched business model, which attempted to exploit a market which wan’t there.

’Too clever by half’, as many have suggested, and now, (although we’d all be happy to see the FCA accept responsibility for what it does get wrong) seeking a scapegoat rather than admit to failure.

 Gerry Cooper 

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