Am I just too cynical? The Independent confirms what I have been told, that the Financial Services Authority’s report into its own policing of HBOS before the crash will not appear before next summer. By then it will be five years and more after some of the crucial events and too late.┬áThe FSA will be gone and the whole thing can be conveniently brushed under the carpet, with platitudes such as “lessons learned” and “time to move on.”