Granny Danger Posted December 31, 2015 Share Posted December 31, 2015 http://www.bbc.co.uk/news/uk-35204010 So the only and final chance of highlighting the failings and greed that led to our most recent economic collapse is quietly put to bed. A man brought in to question the culture of self interest of those in charge of the financial institutions asks the right questions and is removed. It will be interesting to see how many Tory hand wringers make half hearted objections to this. BTW I'm sure the timing of the release of this decision is purely coincidental. Happy New Year - mega bonuses and lines of coke all round! Link to comment Share on other sites More sharing options...
ICTJohnboy Posted December 31, 2015 Share Posted December 31, 2015 A somewhat different approach adopted in Iceland : http://www.independent.co.uk/voices/iceland-has-jailed-26-bankers-why-wont-we-a6735411.html Quote : There are many reasons to admire Iceland, but here is another one: it has just sentenced five senior bankers and one prominent investor to prison for crimes relating to the economic meltdown in 2008. And with these two separate rulings made last month in the Supreme Court and Reykjavik district court, the nation that gambled so heavily on the markets and lost so disastrously in the consequent crash has sent 26 financiers to jail for combined sentences of 74 years. Link to comment Share on other sites More sharing options...
strichener Posted December 31, 2015 Share Posted December 31, 2015 http://www.bbc.co.uk/news/uk-35204010 So the only and final chance of highlighting the failings and greed that led to our most recent economic collapse is quietly put to bed. A man brought in to question the culture of self interest of those in charge of the financial institutions asks the right questions and is removed. It will be interesting to see how many Tory hand wringers make half hearted objections to this. BTW I'm sure the timing of the release of this decision is purely coincidental. Happy New Year - mega bonuses and lines of coke all round! No surprise in this. I will await the next bailout and for this merry-go-round to start again. Link to comment Share on other sites More sharing options...
DA Baracus Posted December 31, 2015 Share Posted December 31, 2015 Pigs heads all round Link to comment Share on other sites More sharing options...
Thistle_do_nicely Posted January 1, 2016 Share Posted January 1, 2016 Heard that RBS used their £26bn bailout to pay £1bn in bonuses to staff and used the rest to buy government gilts, which the taxpayer then has to pay interest on. Absolute shambles. Link to comment Share on other sites More sharing options...
shahoorsir Posted January 1, 2016 Share Posted January 1, 2016 Absolute shambles understates things. Everything about the announcement, the timing and everything else on the periphery is absolutely disgusting. Still, it's the new year now, we're expected to forget about it and get back to blaming immigrants and, by and large, that is what we'll do. And it will happen again, and again. It's a fucking disgrace. Link to comment Share on other sites More sharing options...
Zetterlund Posted January 3, 2016 Share Posted January 3, 2016 No surprise in this. I will await the next bailout and for this merry-go-round to start again. Don't worry - the next bailout will be a Cyprus-style bail-in, so the government doesn't need to concern itself with rescuing a failed bank as they will be skimming our life savings instead. Link to comment Share on other sites More sharing options...
Grim O'Grady Posted January 5, 2016 Share Posted January 5, 2016 Whilst the class conscious amongst us will be either annoyed or delighted by this news depending on which side of the divide you are, the opiates will still be supplied to the masses, who will continue to pay for the system that opiates them, we just get to moan or wring our hands with glee. Grimbo Link to comment Share on other sites More sharing options...
Father Ted Posted January 8, 2016 Share Posted January 8, 2016 If we were to act like the bankers have we would be looking at a 10-20 year stretch for it. GB is rotten to the core. I would carpet bomb Canary Wharf as a warning to these banking and finance pr***ks. Link to comment Share on other sites More sharing options...
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