Why did the FSA fail?

Related questions

1. How long do I have to use my FSA money?
2. How did the FSA help?
3. What is the FCA new deal?
4. Is Ca possible without maths?
5. Why would an FSA fail?
6. How long does it take to become a chartered accountant UK?
7. How do I become a chartered accountant UK?
8. What is the role of FSA in UK?
9. What is USDA FSA?
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Tags

1. #services
2. #failed
3. #inadequate
4. #collapse
5. #deficient
6. #authority
7. #regulator
8. #regulation
9. #which
10. #according
11. #financial
12. #contributed
13. #report
14. #split