Everyone I know is sinking under a decade of DEBT..

FTBFun

abaxas wrote: »

Standard does not mean legal.


It's standard in some eastern countries to beat your wife. Definiotly not 'standard' here.

What on earth has wife-beating got to do with commercial banking systems? Utter madness.

Xiderpunk

StevieJ wrote: »

What did you not understand about STANDARD?

Standard does not make it right. Bare in mind that these 'standard' practices have left the tax payer picking up the bill while the banks award their staff bonuses.

I stand by what I said, it is criminal.

abaxas

FTBFun wrote: »

What on earth has wife-beating got to do with commercial banking systems? Utter madness.

We are talking about legality/criminality.

You could easly say.

What has commercial banking got to do with the off balance sheet lending of the noughties?

They are about as similar as your comment above.

noh

Xiderpunk wrote: »

Standard does not make it right. Bare in mind that these 'standard' practices have left the tax payer picking up the bill while the banks award their staff bonuses.

I stand by what I said, it is criminal.

Which criminal laws have been broken?

abaxas

noh wrote: »

Which criminal laws have been broken?

Blackmail and extortion

RenovationMan

FTBFun wrote: »

What on earth has wife-beating got to do with commercial banking systems? Utter madness.

Par for the course on this board. All discussions about any subject known to men always end up in an argument about one or all of the following :

1. Gold and Silver.

2. How you might as well go on the dole and live on benefits.

3. Wife beating.

4. Gold and Silver.

abaxas

RenovationMan wrote: »

Par for the course on this board. All discussions about any subject known to men always end up in an argument about one or all of the following :

1. Gold and Silver.

2. How you might as well go on the dole and live on benefits.

3. Wife beating.

4. Gold and Silver.

what about.

1) in my area blah blah
2) my audi is better than yours
3) my username is in caps hence is better than yours.

FTBFun

abaxas wrote: »

Blackmail and extortion

So "the banks" (because of course they are homogenous) have done this:

"if, with a view to gain for himself or another or with intent to cause loss to another, he makes any unwarranted demand with menaces; and for this purpose a demand with menaces is unwarranted unless the person making it does so in the belief:
(a) that he has reasonable grounds for making the demand; and(b) that the use of the menaces is a proper means of reinforcing the demand."

I somehow doubt HBOS has been sending Howard over to customers with a baseball bat.

noh

abaxas wrote: »

Blackmail and extortion

The evidence to support your assertion is?

bendix

abaxas wrote: »

What a load of tripe.

Banking practices can be criminal. It depends if they keep to the law.

Driving a car is not criminal. Driving it at 180 mph on a motorway is.

Yes. Some banking practicese can be criminal, when they break banking, civil or criminal law as defined by the statutes.

Lending money to mature adults and issuing them with credit agreements and having a reasonable expectation of being paid back on those mutually agreed agreements (backed up by a signature), is not criminal.