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F-eckless Financiers Frustrated by Curbs on Fiscal Freedom
ruggedtoast
Posts: 9,819 Forumite
http://www.independent.co.uk/news/uk/politics/exclusive-get-real-ndash-darling-warns-the-bankers-1729607.html'Get real' – Darling warns the bankers Chancellor says return of the bonus culture threatens to undermine global economy again
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Ooh, a tongue twister!This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0
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ruggedtoast wrote: »http://www.independent.co.uk/news/uk/politics/exclusive-get-real-ndash-darling-warns-the-bankers-1729607.html
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it won't happen - many banks are coining it at the moment.
do you think the big boys in banking firms are going to make so much money without little reward?
it's political spin - you got to love it.0 -
it won't happen - many banks are coining it at the moment.
do you think the big boys in banking firms are going to make so much money without little reward?
it's political spin - you got to love it.
very very true.If you find yourself in a fair fight, then you have failed to plan properly
I've only ever been wrong once! and that was when I thought I was wrong but I was right0 -
it won't happen - many banks are coining it at the moment.
do you think the big boys in banking firms are going to make so much money without little reward?
it's political spin - you got to love it.
No objection to them coining it in on the proviso that these large profits are used to pay the debts owed to the taxpayer for bailing them out.
If that happens, fair enough.
If it doesn't, :mad:
That said, once taxpayers have been reimbursed, should we stop the banks rverting back to type?It's getting harder & harder to keep the government in the manner to which they have become accustomed.0 -
ruggedtoast wrote: »'Get real' – Darling warns the bankers Chancellor says return of the bonus culture threatens to undermine global economy again
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"Or what?" - bankers call Chancellors obvious bluff.0 -
lemonjelly wrote: »No objection to them coining it in on the proviso that these large profits are used to pay the debts owed to the taxpayer for bailing them out.
If that happens, fair enough.
If it doesn't, :mad:
That said, once taxpayers have been reimbursed, should we stop the banks rverting back to type?
paying back bail out funds has two angles to it.
the obvious one is paying back funds that they had to borrow to help them through their turmoil.
the second one is independence of government medling and interference.
to me this is why the banks want to pay the bail out funds as quickly as possible and go back to doing what they have always done.0 -
paying back bail out funds has two angles to it.
the obvious one is paying back funds that they had to borrow to help them through their turmoil.
the second one is independence of government medling and interference.
to me this is why the banks want to pay the bail out funds as quickly as possible and go back to doing what they have always done.
Precisely that's why some of the least affected US banks have repaid loans already.
Barclays and HSBC mananged to avoid any Government funding. Though in Barclays case quite a cost.0 -
paying back bail out funds has two angles to it.
the obvious one is paying back funds that they had to borrow to help them through their turmoil.
the second one is independence of government medling and interference.
to me this is why the banks want to pay the bail out funds as quickly as possible and go back to doing what they have always done.
Thats right, the problem with Northern Rock, Bradford and Bingley, HBOS et al, was that they just had too much meddlesome regulation.0 -
'F-eckless financiers fail to forswear fiduciary freedom'?I think....0
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Good, very good.0
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