The Truth Behind The Bank Debacle is Emerging

libragully

I have just heard the most disturbing news which has to be actioned upon by somebody. Who exactly, I need others to help guide.

The big news is that I understand that those at a high level within a certain 'Scottish' bank knew about they dodgy predicament weeks ago, inlcuding the MP that sits on the board.

This begs the question can someone clarify who this MP is?

Why he and the rest of his cronies sat on their hands and let us shareholders lose millions.?

Can others please comment on these matters in order for those to be held to account. This fraud pure and simple, and we have swallowed it without rebuke.

MoneySavingNovice

Why do you consider that this is Fraud?

At that stage what could the board have reasonably done - if they had announced it the shares would have lost value any-way - possibly more value than they actually lost anyway.

nico26

Why dont you check the banks board of directors. you will find it on the internet, then you should find your MP

Count_Dante

No bank would ever announce 'actually, we're a bit Donald Ducked here'.

The reason bank share prices have collapsed is because wise people knew the banks were toast and sold accordingly. The nonsense about short selling was just to show the hoi polloi that 'something was being done' whilst a more comprehensive plan was worked out.