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Bankers must be made to pay for their greed
daily mail ^ | 29 June 2012 | Daily Mail Comment

Posted on 06/30/2012 1:18:01 PM PDT by Colonial Warrior

"Truly, the behaviour of some of Britain’s banks has been beyond contempt.

Firstly, through greed and monumental misjudgment, they plunged Britain into a recession that could last a decade and which threatens our children’s futures."

(Excerpt) Read more at dailymail.co.uk ...


TOPICS: Business/Economy; Crime/Corruption; News/Current Events
KEYWORDS: greed

1 posted on 06/30/2012 1:18:05 PM PDT by Colonial Warrior
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To: Colonial Warrior

And what of those like George Soros who engage in currency manipulation?


2 posted on 06/30/2012 1:20:07 PM PDT by a fool in paradise (Fools.Damn fools.Welcome to the USSA. Socialism is slavery to the State and the Supreme Court did it)
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To: a fool in paradise

Soros supports BOTH Obama and Romney (long a biz partner).


3 posted on 06/30/2012 1:21:04 PM PDT by Diogenesis ("Freedom is never more than one generation away from extinction. " Pres. Ronald Reagan)
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To: Colonial Warrior

"Barclays Bank Tower at Churchill Place, Docklands: The bank has been fined £290million over attempts to rig money market interest rates. HSBC is one of the twenty other banks also under investigation, it emerged today."

"Barclays’ shares crashed by 15.5 per cent in a day as the implications sank in, wiping £3.7billion from its value, with other banks also hit."

"Barclays has been fined £290million after devastating emails revealed that its traders manipulated the London Interbank Rate (Libor) – the rate at which banks lend money to each other."

~ Daily Mail

4 posted on 06/30/2012 1:24:57 PM PDT by Colonial Warrior (Help us OB/GYN! You are our only hope!)
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To: Colonial Warrior
Greedy banks making a profit in a semi-free market.

Everyone knows only governments are not greedy.Everyone knows government could fix the economy there if only they had more power to take away more money from the greedy private sector.

5 posted on 06/30/2012 1:30:24 PM PDT by GregoTX (Federalist)
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To: GregoTX

Labor unions are “never” greedy.


6 posted on 06/30/2012 1:33:39 PM PDT by a fool in paradise (Fools.Damn fools.Welcome to the USSA. Socialism is slavery to the State and the Supreme Court did it)
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To: Colonial Warrior

First I will admit that I don’t know a lot about the technicalities of banking.

Having said that, I have noticed every time there is a financial crises, a lot of people lose money but the banks seem to always get taken care of.

For all I know, it may be necessary to do so.


7 posted on 06/30/2012 1:35:55 PM PDT by yarddog
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To: a fool in paradise
I think George Soros is just an errand boy for the big bankers and super rich that you will never hear their names. Like the ones that got the mysterious missing $3T that went overseas in the bailouts.
8 posted on 06/30/2012 1:38:07 PM PDT by mountainlion (I am voting for Sarah after getting screwed again by the DC Thugs.)
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To: Colonial Warrior

Punish the monkey, let the organ grinder (Soros) go.


9 posted on 06/30/2012 1:38:07 PM PDT by E. Pluribus Unum (Government is the religion of the sociopath.)
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To: Colonial Warrior
Bankers must be made to pay for their greed

I agree -- along with the conniving politicians who granted them the power to coin money and charge us for the privilege of borrowing it. And then, when the banks have even screwed up that fringe benefit, the politicians tell the Federal Reserve to print some more to bail them out.

Banks, like any other private entity, have no power save that given to them by the government.

10 posted on 06/30/2012 2:02:29 PM PDT by BfloGuy (The final outcome of the credit expansion is general impoverishment.)
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To: yarddog
Some believe that the powers that be are a criminal cabal that form the shadow governments behind the nations government. But all have actively taken part in serious crimes against the people, leaving our nations bankrupt while they looted our hard earned money.

Theier cover is blown...humanity is waking up...and recognizes the criminal, and evil damage done by the so called Elite. This corruption cannot stand.

11 posted on 06/30/2012 2:11:14 PM PDT by Colonial Warrior (Help us OB/GYN! You are our only hope!)
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To: GregoTX

You can create legal authority over banksters but there is no legal authority over govsters. The choice of either corrupt corporations - fascists - abuse us or socialist corrupt goverment abuses us is the choice of European politics. We used to have a constitution and rule of law here.


12 posted on 06/30/2012 3:22:37 PM PDT by SaraJohnson
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To: Colonial Warrior
Barclays has been fined £290million...

Barclays charging their customers an extra £290million to pay a fine.

Let's get realistic. This will not stop until the perps start going to jail.

13 posted on 06/30/2012 4:21:29 PM PDT by upchuck (FACEBOOK... Share pointless stuff with friends you don't know. Beg for intrusion into your life.)
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To: upchuck

http://www.barefootsworld.net/admiralty.html


14 posted on 06/30/2012 4:42:33 PM PDT by Colonial Warrior (Help us OB/GYN! You are our only hope!)
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