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Scandalised!
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Thrugelmir wrote: »Politicians.
Mrs Thatcher was, above all else, a Politician!
http://www.telegraph.co.uk/finance/financialcrisis/4809284/FSA-head-Gordon-Brown-helped-fuel-banking-crisis.html
The link dates from 2009 - we really have to move on from the idea that all will get back to normal sometime soon...
TruckerT...According to Clapton, I am a totally ignorant idiot.0 -
Thrugelmir wrote: »What about Paul Moore at HBOS?
Paid off to keep quiet........
A bullet would have been cheaper...
TruckerTAccording to Clapton, I am a totally ignorant idiot.0 -
well if you read the guardian article that you have referenced it saysHAMISH_MCTAVISH wrote: »It's nowhere near problematic enough to tip the overall residential book into making losses, let alone bring down the entire bank by itself.
Both of those references were to the Co-op, not to Britannia, which was sold double-quick to the Co-op because it was in trouble - from mortgages, not commercial lending....much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0 -
Thrugelmir wrote: »
When did banking deregulation really get under way?
Didn't easy credit start flowing in the 80s/90s?"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 -
'In nature, there are neither rewards nor punishments - there are Consequences.'0
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