Interrogating the bankers

icefall

managed to catch some clips on c4 news after work. Illuminating stuff, nice to find out some of what actually happened too. They should be responsible to the people they have caused to lose their jobs etc

Can't wait for tomorrow

bo_drinker

Dooooooooooooooonut wrote: »

Absolutely not. If anything it would have made things worse!

How the fk could it have made things worse

SouthCoast

Hornby looked perplexed when asked how much JSA is!

Zagu

SouthCoast wrote: »

Hornby looked perplexed when asked how much JSA is!

I thought that was a completely moronic question, and the only reason it was asked was to make Hornby look an idiot. The fact that the committee stooped to such a low level was embarrassing, and goes some way to show that the whole thing wasn't performed to learn anything new, but was more an exercise in public humiliation.

RecoveringAlcoholic

JSA = £60 a week

Hornby = £15,000 a week.

And The Fat Cats Just Get Fatter.

bo_drinker

Will they lose the titles now. They squirmmed but nowhere near enough, thick skinned spivs.

Hope the bloke can survive on 15k a week. Perhaps we should have a whip round.

worldwheeler

bo_drinker wrote: »

Will they lose the titles now. They squirmmed but nowhere near enough, thick skinned spivs.

Hope the bloke can survive on 15k a week. Perhaps we should have a whip round.

We already have had a whip round, oraganised by our politicians.

They have said they didn’t see this coming! they have admitted that they do not have banking qualifications! So, how and why did they get these CEO jobs?
There are calls that individual borrowers should bare the blame as they took the credit on offer. This is a bit like a drug dealer who has a drug legalised and gets 99% of the population hooked and dependant on it. Now he knows that he can charge what he wants, do what ever he wants and that no matter how he behaves he is safe as the public is so dependant on the drug it will never do anything to jeopardise the supply from the dealer. Now the blame and responsibility lies… with the addicts or the supplier?
Somewhere in the banking industry, wholesale and retail, there must have been people considering changes in laws, development of financial tools and the implications on national and international communities. They would have run through risk and feasibility models so they would understand the chain of events that would evolve given manipulation of laws and financial tools. This would have lead to a realisation that if you create the dependency then you can run the system to extremes, all the while raking the cream of vast wealth(in fees and interest) from the many(the population) to the few(bankers), and when it crashes(the more disastrously the better) the system will be saved by the people who have become dependant on it. This is interesting as the bankers fund politics which has enable the law changes which has enabled banking tools to over cooked the system delivering vast wealth to the people at the top from the labour of the masses at the bottom and now:- the politicians are leading the masses to save the bankers system which has claimed, and will claim many many more, members of the public as victims. Bankers claiming innocence and tardily say "sorry, now leave us to enjoy [strike]your[/strike] our millions"
This event has been a crime on monumental scales and the full fall out has not even begun to be seen or felt by the people.

bo_drinker

As I have said before there are people sat in prison cells who have not done anything near as bad as these lot. How come these w ankers are still free.