Another day, another exposé of busted Britain with an excoriating report by an all-party parliamentary group on the shortcomings of the FCA (Financial Conduct Authority) whose principal role is to protect consumers. ‘A “toxic” culture at the City watchdog has made it easier for fraudsters to prey on consumers.’ The agency’s failings were deemed “incompetent at best, dishonest at worst”. “It comes across as an opaque and unaccountable organisation, slow to act and even slower to admit it has got things wrong and to change – with profoundly defective leadership.”
The chief executive Nikhil Rathi has been linked to the forthcoming job of Cabinet secretary and was a senior civil servant under the last Labour administration, serving under both Tony Blair and Gordon Brown. He was singled out in the report for having a “tin ear” and a “lack of empathy for individuals”.
Although important, the FCA won’t be featuring on most of our radar and is only featured here since the astrology is wonderfully precise.
Founded on 1 April 2013, it has a Uranus, Sun, Venus, Mars conjunction in Aries square Pluto – with the Uranus, Sun and Venus all being rattled by the recent October Libra Solar Eclipse and next March’s Aries Solar Eclipse – and that is some turbulence.
The FCA also has a yod of Saturn sextile Pluto in conjunct Jupiter hinting at an organization which has the capacity to make social improvements but could be brought low by arrogance.
Nikhil Rathi, the Chief Executive, 5 August 1979, has a stellium in Leo with his Sun conjunct an expansive Jupiter trine Neptune sextile Pluto and square an impulsive Uranus; plus Venus, Mercury also in Leo. Attention-seeking and super-ambitious. He is on an exact Saturn Half Return at the moment; and has his Solar Arc Mars conjunct his Sun and his SA Sun square his natal Mars – both coming soon which usually coincide with a shock or a collision of sorts.
The post Financial watchdog – torpedoed by the eclipses first appeared on Astroinform with Marjorie Orr – Star4cast.
