Guest 698- Registered: 28 May 2010
- Posts: 8,664
2398, sorry Reg, I forgot- the NHS can do no wrong and to suggest otherwise is treasonable.
I'm an optimist. But I'm an optimist who takes my raincoat - Harold Wilson
Guest 710- Registered: 28 Feb 2011
- Posts: 6,950
#2397
HSBC may indeed have had no involvement in the recent LIBOR scandal Barry, but contrary to what you wrote in #2392 they were implicated.
Ignorance is bliss, bliss is happiness, I am happy...to draw your attention to the possible connectivity in the foregoing.
Guest 698- Registered: 28 May 2010
- Posts: 8,664
All members of the various LIBOR-setting panels are being interviewed and having their records trawled through in order to establish whose conduct justifies prosecution. No bank is 'implicated' by that process, unless something untoward is unearthed.
I'm an optimist. But I'm an optimist who takes my raincoat - Harold Wilson
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
Peter,thank you for putting that into a correct perspective.
But you should realise that to many on the left including our Reg and Tom to be accused or even questioned is to be guilty, full stop - provided it is a bank, a business or someone else they disapprove of. Innocent until proven guilty only counts for their fellow travelers.
Hopefully I will be able to find that news feed later. I get so many financial and economic feeds I lose track of when and who says what!!!
Guest 710- Registered: 28 Feb 2011
- Posts: 6,950
To be accused or questioned is not as far from 'implicated' as many would like.
One could be readily forgiven, in reading through the threads here, for taking it as read that unemployed=scrounger, for instance, for such is strongly implied.
But then, the unemployed are something else disapproved of in various ways and to varying degrees and for various reasons.
Ignorance is bliss, bliss is happiness, I am happy...to draw your attention to the possible connectivity in the foregoing.
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
On the contrary - unemployed does not equally mean scrounger, that is your interpretation.
If I refer to scroungers, dossers, useless parasitical layabouts living on benefits, then that is to whom it is directed and it does not include those people on benefits for good reason and trying hard to find way off them. It suits you to try to claim otherwise.
If you get questioned in a murder case would that mean you are implicated? Many people get questioned by the police who are looking to get to the truth, establish evidence and find out who is responsible without those questioned being implicated in any way shape or form.
Guest 710- Registered: 28 Feb 2011
- Posts: 6,950
Ignorance is bliss, bliss is happiness, I am happy...to draw your attention to the possible connectivity in the foregoing.
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
i remember all that no surprise which newspapers were responsible.
Guest 716- Registered: 9 Jun 2011
- Posts: 4,010
Payday lenders given deadline to end ``misery and hardship``1..........and about time........
Payday lenders have been given 12 weeks .....to change their business practices after regulators uncovered widespread
evidence of irresponsible lending and breaches of law,causing ``misery and
hardship`` for many borrowers.
``Wonga``one of many of these companies,are large donators to the Conservative Party.
Jonathan Luft of ``Wonga`` was / is an adviser to Cameron is a lobbyist for ``Wonga``
Keith Sansum1
- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
Its all coming out in the wash
no wonder the tories have been so slow to act
ALL POSTS ARE MY OWN PERSONAL VIEWS
Guest 716- Registered: 9 Jun 2011
- Posts: 4,010
Barclays and RBS paid 53 staff more than £ One million pa despite being involved with Libor fixing.
A fresh row over City pay erupted on Friday when two of Britain's biggest banks, Barclays and bailed out Royal Bank of Scotland, revealed that 523 of their staff took home more than £1m in 2012.
RBS, which is 83% owned by the taxpayer, was accused of having the "best paid public sector workers by a mile" after admitting for the first time that 95 bankers were handed £1m last year even though the bank was hit by a £390m fine for rigging Libor and suffered a prolonged computer breakdown.
Barclays, fined £290m for manipulating the benchmark interest rate, paid 428 staff more than £1m. The pay deals at Barclays eclipsed those at HSBC, Britain's biggest bank, which earlier this week said 204 of its employees received £1m or more.
The scale of the pay five years on from the banking crisis prompted TUC general secretary Frances O'Grady said to say it justified the EU cap on bonuses. "It is as if the financial crisis never happened," she said, describing the pay as "obscene".
Brian Dixon
- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
so some city gezzer has made a few bob,nothing wrong with that as far as i can see.a person has a right to earn a living with out being slagged off every 5 minuits.
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
with our money brian?
and not realy an honest living
and the morale must stink in these banks as you go down the ladder
ALL POSTS ARE MY OWN PERSONAL VIEWS
Brian Dixon- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
not mine or your money kieth but the banks money all the time they hold it.and if its the investment branch its other peoples money they are investing and not ours.ok.
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
Im sure you know better than that brian
ALL POSTS ARE MY OWN PERSONAL VIEWS
Brian Dixon- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
of course i do kieth,i have looked in to it,its investers money they are useing not ours,ok.
Guest 698- Registered: 28 May 2010
- Posts: 8,664
It's more complex than that, Brian. By 'investors' do you mean shareholders? Or depositors? Or clients whose assets are managed by the banks? Or the hedge funds who deal with the banks? Or the big-hitting professional risk-takers who underwrite the deals the investment banks put together? At the end of the day, banking is all about OPM, always has been and always will. Every penny that passes through a bank's hands ultimately belongs to someone else and I think that one of the big ethical failings in bankers since time immemorial has been a failure to recognise that they are merely stewards of these assets, not owners.
I'm an optimist. But I'm an optimist who takes my raincoat - Harold Wilson
Brian Dixon- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
peter,investors in genral its debatable.
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
Do we think the rich bankers have done a grand job then?
ALL POSTS ARE MY OWN PERSONAL VIEWS
Brian Dixon- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
yep,the boys have done well in the face of adversaty.and deserve every penny they get.
