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Realistbear

Darling Issues Another Weak Warning To Banksters

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http://business.timesonline.co.uk/tol/busi...icle6847044.ece

From Times Online September 24, 2009

Darling warns bankers 'the party's over'

Francesca Steele

Alistair Darling has laid down a stark warning to bankers ahead of the G20 summit in Pittsburgh, which starts today.

Speaking to the BBC, the Chancellor said that there was a limit to how much regulation could achieve and that bankers had to change their attitudes, adding: “The party has got to be over.â€

Mr Darling said: “We’ve got to get into a situation where [bankers] behave sensibly.

“After all, there are very few bankers in the world who would still be standing if it hadn’t been for the fact that taxpayers all over the world had to step in and save them last year.â€

Attitude?

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http://business.timesonline.co.uk/tol/busi...icle6847044.ece

From Times Online September 24, 2009

Darling warns bankers 'the party's over'

Francesca Steele

Alistair Darling has laid down a stark warning to bankers ahead of the G20 summit in Pittsburgh, which starts today.

Speaking to the BBC, the Chancellor said that there was a limit to how much regulation could achieve and that bankers had to change their attitudes, adding: “The party has got to be over.â€

Mr Darling said: “We’ve got to get into a situation where [bankers] behave sensibly.

“After all, there are very few bankers in the world who would still be standing if it hadn’t been for the fact that taxpayers all over the world had to step in and save them last year.â€

Attitude?

"we've got to get into a situation"....says it all...he knows they are taking the pee, but he is powerless to do anything. But he is starting to publicy understand.

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i wonder, do the BoE and the treasury share the same person in charge of arranging jawboning statements from politicians to the bbc website.....wonder if that same person arranges these things for mandleson and his dept.aswell, presumably gordon has his own head of jawboning ?

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So we have Darling on one hand saying everything is different now and attcking bankers, yet on the other we have the MPC saying asset prices have to rise again, presumably through increased debt and wreckless lending.

Its about time people woke up to this Government's little word games and looked at their actual policies.

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So we have Darling on one hand saying everything is different now and attcking bankers, yet on the other we have the MPC saying asset prices have to rise again, presumably through increased debt and wreckless lending.

Its about time people woke up to this Government's little word games and looked at their actual policies.

/pedant mode

You meant "reckless". Nevertheless, "wreckless" does have a sniff of impending disaster about it. No wrecks, so far ........

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Guest KingCharles1st
"we've got to get into a situation"....says it all...he knows they are taking the pee, but he is powerless to do anything. But he is starting to publicy understand.

A moment to be savoured

So did the Banks metaphorically "come in Alistairs mouth?"

Edited by KingCharles1st

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I heard a couple of very disgruntled city types on radio four this morning- basicly the message was that the government should treat them with respect instead of waving sticks at them, and should keep it's nose out of their pay arrangements.

Edited by wonderpup

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We must not forget that the biggest beneficiary of bank bonuses by a considerable margin is HMRC.

Darling is having to speak up against bonuses whilst dreading the situation where banks did his bidding. He can not afford for banks NOT to pay bonuses.

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The real threat to the bankers is their extraordinary talent for coming across as arrogant shites- it's very easy to hate these people- they need to conceal their massive sense of entitlement for a while untill this thing blows over.

At the moment they are sticking two fingers up to the plebs in a very public way that might not be entirely wise if things do go down hill from here. Soon, all a politician will need to do to get elected is promise to cull the city.

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The real threat to the bankers is their extraordinary talent for coming across as arrogant shites- it's very easy to hate these people- they need to conceal their massive sense of entitlement for a while untill this thing blows over.

At the moment they are sticking two fingers up to the plebs in a very public way that might not be entirely wise if things do go down hill from here. Soon, all a politician will need to do to get elected is promise to cull the city.

Seems like a good idea to me - the parasites are killing the host!

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Seems like a good idea to me - the parasites are killing the host!

Indeed i walk around the town center located closest to me and i see a dead town center, with a few nice shiny banks in it. Parasites killing the host....so true.

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