Jun. 29, 2012 - 03:01PM JST
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Madverts at Jun. 29, 2012 - 03:37PM JST
Good for Britain and the free press for putting these scum into the spotlight.
This isn't just Barclay's, every banking institution in Europe should be opened to investigation, though since the banks in France are basically puppets of the nanny state's Banque de France, coupled with the total nationwide lack of any investigative journalism - I doubt we'll be seeing any heads roll.
StanTheMan at Jun. 29, 2012 - 04:19PM JST
Very well said.
SuperLib at Jun. 29, 2012 - 05:19PM JST
They just don't get it. Our money isn't there for their abuse.
Jimizo at Jun. 29, 2012 - 05:35PM JST
No real change from 2008. Nationalise the banks!
Madverts at Jun. 29, 2012 - 06:29PM JST
"They just don't get it. Our money isn't there for their abuse."
Indeed, neither do successive governments that allow the abuse to continue without better regulation.
What infuriates me the most is the top-dogs perpetual use of scapegoats as they pretend the wrongdoing was carried out by rogue elements, as bob Diamond is already doing. Look at Jerome Kerviel at the centre of the SocGen a few years back - as if anyone believes these people were acting alone - it's simply when they get caught that the denial commences and someone is thrown to the wolves.
If Rupert Murdoch can be got at so can these institutions. It's about time the banks were cut off at the knees.
buchailldana at Jun. 29, 2012 - 07:51PM JST
What happened banking in the past 20 years.
seems like now they just want the money to line their own pocket
bankers are the lawyers of years gone by.
Thomas Michael Lewis at Jun. 30, 2012 - 12:00AM JST
Oh I love this, so Nations sue the banks, the money of which belongs to the people, and then the real people paying arent the banks -their massive bonuses wont stop- rather, the pensions will go down -just like with BP, they didnt care about the millions of Elderly in Britain, they just wanted revenge, and does that money get spent on the people of the suing nations? Not bloody likely.
Elbuda Mexicano at Jun. 30, 2012 - 02:12AM JST
If any country needs to be checked, my guess SWITZERLAND, and all of the $$$ it has from dictators from all over the world, and the narcos too stash their $$$ and old Mitt Romney?? All of these parasites need to be checked ASAP!
ExportExpert at Jun. 30, 2012 - 12:05PM JST
Thieves, rouges, parasites, low lifes, morally void of any decency the lot of them, all bankers should be held with the greatest contempt by society as a whole and make these rrr's wipes feel ostricised and ridiculed.
SwissToni at Jun. 30, 2012 - 03:15PM JST
Does this surprise anyone? With record low bank base rates and rising mortgage and other loan and overdraft rates there had to be at least a measure of interbank rate manipulation. I suppose as the investigation progresses we'll learn just how much the banks gained from this mass fraud. Fraud is a crime and I for one hope charges follow.
globalwatcher at Jun. 30, 2012 - 04:17PM JST
@Madverts, well said. Actually this applies to all banks in the world. The world mega banks need big overhauls this time.
Here in US (Repblicans) made a big boo-boo pushing the deregulations when Bush (W) took office. We all know what had happend in 2008 US financial collapse and JP Morgan 2 bil loss recently (actually 9 bill).
Banks need to go back to the basics; "Banking #101" to keep more cash reserve in safe box before lending too much too fast. Simple.
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