Bubblewrap 3,815 Posted June 28, 2012 Report Share Posted June 28, 2012 So the banks are "still" ripping us off. Still the top boys do need their bonuses don't they? http://www.guardian.co.uk/ Quote Link to post Share on other sites
StephenFord 866 Posted June 28, 2012 Report Share Posted June 28, 2012 When banks were, in effect, nationalised, their senior personnel should have been put on normal civil service salaries (and I don't mean at the Sir Humphrey level either). Quote Link to post Share on other sites
roger peatman 337 Posted June 28, 2012 Report Share Posted June 28, 2012 Wonder how many more of our "Modern civilised Institutions" will be seen to be rotten to the core !! Quote Link to post Share on other sites
mick2me 3,033 Posted June 28, 2012 Report Share Posted June 28, 2012 Most are IMO Including public services. Top heavy with executives, and cutting many of the actual service personnel. Quote Link to post Share on other sites
Bubblewrap 3,815 Posted June 29, 2012 Author Report Share Posted June 29, 2012 The point I was going to make was prices can be manipulated. Oil & gas prices were manipulated downwards in the late 70s & early 80s to make coal look uneconomic. It was all part of the grand "Tory" plan to close down the pits,"finish" of the N.U.M. The Idea being reduce trade union opposition to their privatisation plans(British Gas/Telecom,water,electricity & others. We (as the tax payer) owned these companies so why should we buy somthing we already owned. The tories then reduced taxes with the money raised to get us to vote for them thus bribing us with our own money(NOT ME) Quote Link to post Share on other sites
mick2me 3,033 Posted June 29, 2012 Report Share Posted June 29, 2012 I see they got a £300 million fine? That should make them cough (not) No doubt they will have a good cause ready for that £300M Quote Link to post Share on other sites
mudgie49 401 Posted June 29, 2012 Report Share Posted June 29, 2012 The CEO of one of the 'Big 3' banks here in the US,announced to the shareholders at a meeting Tuesday, that 9 billion $s could not be accounted for. In May of this year he gave himself a $153 million bonus,and fired the chief accountant, yesterday. This guy is a big buddy of Romney, who pays himself a mere $23 million a year. Bring on the 'Peasants revolution'." I'll get me pitchfork." Quote Link to post Share on other sites
littlebro 234 Posted June 29, 2012 Report Share Posted June 29, 2012 No doubt they will have a good cause ready for that £300M I believe the fine is put into the Financial Services Authority (FSA) coffers and is used to reduce the cost of their services to other banks. Should go to good causes. Made me think, I wonder who the FSA banks with? Quote Link to post Share on other sites
Compo 10,328 Posted June 30, 2012 Report Share Posted June 30, 2012 3 Quote Link to post Share on other sites
Bubblewrap 3,815 Posted July 3, 2012 Author Report Share Posted July 3, 2012 So Bob diamond has resigned & is to be "grilled" by a parliamentry committee. I thought spit roasted would be more apt. Quote Link to post Share on other sites
Compo 10,328 Posted July 3, 2012 Report Share Posted July 3, 2012 He looks like getting a reward of tens of millions of pounds for his trouble too! Quote Link to post Share on other sites
denshaw 2,872 Posted July 3, 2012 Report Share Posted July 3, 2012 People that rob banks get prison. Banks that rob people get bonuses. 2 Quote Link to post Share on other sites
Bubblewrap 3,815 Posted July 4, 2012 Author Report Share Posted July 4, 2012 Bankers gamble but they can't loose because it's your money they gamble with. Quote Link to post Share on other sites
Cliff Ton 10,471 Posted July 4, 2012 Report Share Posted July 4, 2012 They also work on the principle of "if you owe someone £100 it's your problem; if you owe someone £10,000 it's their problem" Quote Link to post Share on other sites
Compo 10,328 Posted July 4, 2012 Report Share Posted July 4, 2012 Quote Link to post Share on other sites
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