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UK banks may need more capital, Bank of England says
Comments
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Thought I had seen this yeaterday.
Anglo Irish Bank in legal action against Ernst & Young
It is the first time that an Irish bank has pursued legal action against a former auditor
Anglo Irish Bank is taking legal action against its former auditor Ernst & Young for failing to spot the lender's massive exposure to the Irish property bubble
http://www.bbc.co.uk/news/business-20543125
Interesting they see at as the auditors fault. One would have thought their own credit teams should have had a reasonably good idea?"If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
grizzly1911 wrote: »Kinda fuzzy, grey areas really.
I agree. But to say collusion is laughable. As would destroy the UK's credit rating as a whole in milliseconds.
Merv (and the BOE) is fairly astute in looking ahead at what may happen on this score.
Unlike inflation easier to predict.0 -
Thrugelmir wrote: »I agree. But to say collusion is laughable. As would destroy the UK's credit rating as a whole in milliseconds.
Merv (and the BOE) is fairly astute in looking ahead at what may happen on this score.
Unlike inflation easier to predict.
You are right it wouldn't be collusion.;)"If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
Thrugelmir wrote: »I agree. But to say collusion is laughable. As would destroy the UK's credit rating as a whole in milliseconds.
Merv (and the BOE) is fairly astute in looking ahead at what may happen on this score.
Unlike inflation easier to predict.
Would it destroy the uk's credit rating if secretly every single western central bank was doing the same thing?0 -
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Thrugelmir wrote: »Maybe people have yet to grasp the magnitude of what's occurred and the correction that's happening.
Will it ever really be known?
There is no doubt still passing of the parcel, getting smaller and more disbursed all the time."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
Thrugelmir wrote: »I agree. But to say collusion is laughable. As would destroy the UK's credit rating as a whole in milliseconds.
Merv (and the BOE) is fairly astute in looking ahead at what may happen on this score.
Unlike inflation easier to predict.
tell me
do you believe there is a substantive difference between the meaning of
'lying' and 'being economical with the truth'?
between
'pig' and 'pork'
between
'terms' and 'conditions'
if so then 'colluding' isn't for you.0
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