Barclays...
#16
Forum Regular



Joined: Aug 2007
Posts: 159








So when they get fined does the money go to the people who have been ripped off ??????
#17
Straw Man.










Joined: Aug 2006
Posts: 46,302
From: That, there, that's not my post count... nothing to see here, move along.











#18
Lost in BE Cyberspace










Joined: Jan 2009
Posts: 5,367











Everyone realises that we need bankers, they are a necessary evil, but is it impossible for them to do their job without lying and cheating. They are all handsomely rewarded for what they do, I've never quite understood why they need such obscene bonuses to do the job well. "If you want the best, you have to pay the best" we've been told, so I guess we're lucky we didn't have any cr&p heading up our banking sector! One of the banking experts was saying last night that this latest scam will have certainly have been bonus driven, cheating and lying to get yet even bigger bonuses.
#20
Straw Man.










Joined: Aug 2006
Posts: 46,302
From: That, there, that's not my post count... nothing to see here, move along.











#22










Joined: Jun 2011
Posts: 12,053
From: In the middle of 10million Olive Trees











Now why is it I have had no time for the banks, the bankers, their people controlling the money market, their people controlling the loans, their people just controlling.
There are in real terms not many of them, they rely on thousands of front line staff to keep the peace but all they are is pariahs, out greedying (is that a word) their mates, colleagues, competitors.
at a much much lower scale, I knew a small private company where the directors used to vie with each other to see who made the most out of expenses each month. People would be horrified, so why should these people in banks get away with it.
Root and branch sort out, and take away the fast cars, they are not needed in this modern "crisis" world they are actually responsible for, taking their bonuses even when making a loss and expecting the little man in the street to cover them.



There are in real terms not many of them, they rely on thousands of front line staff to keep the peace but all they are is pariahs, out greedying (is that a word) their mates, colleagues, competitors.
at a much much lower scale, I knew a small private company where the directors used to vie with each other to see who made the most out of expenses each month. People would be horrified, so why should these people in banks get away with it.
Root and branch sort out, and take away the fast cars, they are not needed in this modern "crisis" world they are actually responsible for, taking their bonuses even when making a loss and expecting the little man in the street to cover them.

#23










Joined: Jun 2011
Posts: 12,053
From: In the middle of 10million Olive Trees











Nice to see people are keeping on topic............
#24
Straw Man.










Joined: Aug 2006
Posts: 46,302
From: That, there, that's not my post count... nothing to see here, move along.











#25
Lost in BE Cyberspace










Joined: May 2009
Posts: 5,753
From: Alicante province











I have a pension income from a private company, after paying contributions for many years. I get a monthly pension and a yearly copy of the pension funds accounts.
I've never really bothered with the yearly accounts, pages upon pages of meaningless figures to an outsider.
But I did notice that the fund is heavily invested in the 'safe' British banks and governments bonds, which is what you would expect from the fund managers charged with keeping the money safe.
So when the biggest banks get into trouble, I worry. I remember the Daily Mirror debacle, when Maxwell, the bouncing Czech, raided the company's pension funds.
All of a sudden, the pensioners were no longer paid. It took years and severe government intervention for them to get some of their money back.
I might agree that those criminal bankers should hear the swish of the guillotine, but not if it means that I no longer get my pension.
I've never really bothered with the yearly accounts, pages upon pages of meaningless figures to an outsider.
But I did notice that the fund is heavily invested in the 'safe' British banks and governments bonds, which is what you would expect from the fund managers charged with keeping the money safe.
So when the biggest banks get into trouble, I worry. I remember the Daily Mirror debacle, when Maxwell, the bouncing Czech, raided the company's pension funds.
All of a sudden, the pensioners were no longer paid. It took years and severe government intervention for them to get some of their money back.
I might agree that those criminal bankers should hear the swish of the guillotine, but not if it means that I no longer get my pension.
#26
Lost in BE Cyberspace










Joined: May 2009
Posts: 5,753
From: Alicante province











When Lehmans got into trouble, the US banks were prevented by the administration (George W Bush) from interfering.
Barclays thought otherwise and made a last-minute bid over the weekend to buy the company. It nearly succeeded until that clown, Bush, stopped it and sent the world into darkness.
There was no need for any of it, just one stupid man who didn't understand any of it.
#27
If their heads roll, there should be millions of squids saved from their obscene bonuses to go towards your pension.
#28
Banned










Joined: Dec 2006
Posts: 8,824
From: Living in a good place











I have a pension income from a private company, after paying contributions for many years. I get a monthly pension and a yearly copy of the pension funds accounts.
I've never really bothered with the yearly accounts, pages upon pages of meaningless figures to an outsider.
But I did notice that the fund is heavily invested in the 'safe' British banks and governments bonds, which is what you would expect from the fund managers charged with keeping the money safe.
So when the biggest banks get into trouble, I worry. I remember the Daily Mirror debacle, when Maxwell, the bouncing Czech, raided the company's pension funds.
All of a sudden, the pensioners were no longer paid. It took years and severe government intervention for them to get some of their money back.
I might agree that those criminal bankers should hear the swish of the guillotine, but not if it means that I no longer get my pension.
I've never really bothered with the yearly accounts, pages upon pages of meaningless figures to an outsider.
But I did notice that the fund is heavily invested in the 'safe' British banks and governments bonds, which is what you would expect from the fund managers charged with keeping the money safe.
So when the biggest banks get into trouble, I worry. I remember the Daily Mirror debacle, when Maxwell, the bouncing Czech, raided the company's pension funds.
All of a sudden, the pensioners were no longer paid. It took years and severe government intervention for them to get some of their money back.
I might agree that those criminal bankers should hear the swish of the guillotine, but not if it means that I no longer get my pension.



