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what are you on about ??
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British Banks
- Thread starter glasfryn
- Start date
to know what is really going on - a man spent 50k of his own money to make this movie - includes lots of "experts" - money is worthless but they are pretending it isn't for as long as they can.
'The End of the Road - How Money Became Worthless' Torrent Download :: OneBigTorrent.org
'The End of the Road - How Money Became Worthless' Torrent Download :: OneBigTorrent.org
BadFish
Huge Member
- Oct 19, 2003
- 18,230
So why don't they? I actually don't think fear comes into it. More to do with cronyism, pay offs and political donations.
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?
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I really dont see how tighter regulation would've stopped the bent libor fixing , people are screaming for more regulation without actually specifying how it would improve the situation, the scam was uncovered , the guilty banks fined, the guilty traders sacked, and criminal charges are being looked into, what more do people want from the FSA ?
seagurn
Well-known member
I never trusted banks after i watched Mary Poppins......... the warning was there!!
glasfryn
cleaning up cat sick
- Thread starter
- #47
friday morning and the situation gets worse
shares down
share holders up in arms
Diamond refusing to resign
Shameron getting redder in the face
Labour asking for criminal prosecutions
the queen showing off OUR diamonds which alone could pay off the world debts
the world is going mad!!!
shares down
share holders up in arms
Diamond refusing to resign
Shameron getting redder in the face
Labour asking for criminal prosecutions
the queen showing off OUR diamonds which alone could pay off the world debts
the world is going mad!!!
Digweeds Trousers
New member
There seems to a a huge gap between what many of us would 'like' to happen - and the reality of what needs to happen.
You may wish through misty-eyed nostalgia for the days of honest and true manufacturing and men tilling the earth. You may have a natural abhorence of the financial markets and banking sector.
The reality I suspect is that we need finance and banking for so many reasons - let's remember that 'banking' has so many facets and faces - the retail banking sector is very different from these casino banking arms.
The square mile here has created wealth and jobs for decades and the fact that we see these unpleasant unpalatable sides to it does not mean sadly that we have a plan B to revert to.
It's here to stay and like it or not, we will probably be relying on this industry to gradually pull us through these difficult times.
You may wish through misty-eyed nostalgia for the days of honest and true manufacturing and men tilling the earth. You may have a natural abhorence of the financial markets and banking sector.
The reality I suspect is that we need finance and banking for so many reasons - let's remember that 'banking' has so many facets and faces - the retail banking sector is very different from these casino banking arms.
The square mile here has created wealth and jobs for decades and the fact that we see these unpleasant unpalatable sides to it does not mean sadly that we have a plan B to revert to.
It's here to stay and like it or not, we will probably be relying on this industry to gradually pull us through these difficult times.
beorhthelm
A. Virgo, Football Genius
- Jul 21, 2003
- 36,030
have to because its such easy pickings...
FTSE has opened up over 1%
Barclays opened up strong, come back to up 2.6%
Diamond refusing to resign over somthing happened 4-6 years ago. Are you going to demand all the other bank CEOs (who werent in their jobs) resign as this comes round to them?
Shameron. cute.
Labour should maybe have considered making criminal offences, instead of grandstanding now.
Crown Jewels valued at £2-3bn, some far fetch estimates 10x that. still not even going to cover one years interest payments on our debt.
glasfryn
cleaning up cat sick
- Thread starter
- #50
its me ...a bad morning
but even so
Diamond must have known it was going on and the buck should stop with him, but then again its not up to me but I am sure the share holders will have something to say about it.
Labour are bandwaggon jumping and Brown should have had the guts to nationalise them when he had the chance.
and the borrowed diamonds that the queen has in safe keeping would go some way to paying some of the bills and if we are going to share it out I will have some of her stamp collection.
Yeah, you're right. I hope they all get away scot free.
beorhthelm
A. Virgo, Football Genius
- Jul 21, 2003
- 36,030
so you would have manager sacked for a poor desicion their predecessor made? say sack Gus because Dean Wilkins took a bung (not for a momenting suggesting...)?
IF they were involved or had knowledge, let call for their resignation. if they weren't in a position to, because they where at another company, then why should they go? Diamond might have known, lets find out first.
i dont wont people to get away scot free, but i also dont like the media and politicians conducting a public lynching without the full story.
Diamond was in charge of Barclays Capital at the time. If he didn't know I'll be amazed but if that is the case then SURELY he should have which is enough anyway imo to force resignation from his current position. Can't comment on any other CEOs but I wants HEAD TO ROLL.
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If he was in charge at BarCap then it WAS on his watch, it would have been BarCap setting the LIBOR rates , rather than the parent company Barclays.
beorhthelm
A. Virgo, Football Genius
- Jul 21, 2003
- 36,030
shirley this would comeout of the head office, BarCap didnt really exist before they brought the corpse of Lehmans and im sure they would have been involved before that? not saying he didnt know somthing as im sure BarCcap would have fed in numbers (and requests for massaging..)
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Are you sure ?
Arkwright
Arkwright
Banks and the Financial services industry have taken the general public for mugs for too long now. High bank charges, PPI and now this mess.
Clearly being regulated makes no difference to banks trading and they have become a law to themselves.
However, I do feel sorry for the counter staff who are not paid the big salaries or bonuses and have to take the flack from the general public. One thing I think banks should re-introduce is customer service and go back to the old days before call centres and one office servicing 5 or 6 branches in order for us to be able to talk to our Bank Manager to discuss our own finances face to face. Yes, like all business it is gauaged on profit and you need to reduce overheads but what price do you put on service.
Clearly being regulated makes no difference to banks trading and they have become a law to themselves.
However, I do feel sorry for the counter staff who are not paid the big salaries or bonuses and have to take the flack from the general public. One thing I think banks should re-introduce is customer service and go back to the old days before call centres and one office servicing 5 or 6 branches in order for us to be able to talk to our Bank Manager to discuss our own finances face to face. Yes, like all business it is gauaged on profit and you need to reduce overheads but what price do you put on service.
D
Deleted member 22389
Guest
They keep saying that without banks we would not have an economy. Is that really true? Years ago before we had shares and all these financial services, we manufactured everything. The country managed.
What's to say we cannot do this again one day. There is only one winner in the banks, the people who sit at the up top.
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