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Realistbear

Banksters Hit Back At Merv: We Are Straight Now, Honest Guv

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http://uk.finance.yahoo.com/news/Banks-says-criticism-Bank-reuters_molt-980014482.html?x=0

Banks says criticism from Bank's King is outdated
Keith Weir, 12:37, Saturday 5 March 2011
LONDON (Reuters) - Britain's banks said on Saturday they had acted to make their businesses safer, clashing with Bank of England Governor Mervyn King who warned of the risk of a fresh financial crisis in a scathing interview.
"The banking industry recognises that some of its number got it badly wrong during the crisis.
Since then the industry has reformed radically," said Angela Knight, Chief Executive of the British Bankers' Association said in a statement.
"We entirely agree that no bank should believe it can fall back on the taxpayer," she added.
In a rare interview, King warned that imbalances in the banking system were growing again and could lead to a repeat of the 2008 financial crisis..../
The comments also put pressure on Chancellor George Osborne
to maintain
to give the appearance of taking a tough line with the banks.

We might recall the statment by the Caporegime of the Gambino family when he said the family is moving out of the rackets into legit business. Yeah right. Banksters they are and banksters they always will be.

Edited by Realistbear

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"We entirely agree that no bank should believe it can fall back on the taxpayer," she added.

"Now that we've taken every penny the taxpayer had, we'll have to come after the pensioners next." she continued.

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...just seen the property VI Lord Oakeshott on Sky News attacking the Banks....guess what...?....top of his list they are not lending enough on property (mortgages)....why do Sky News sell out to these low life VIs ...?.... he has degrees in ...guess what .?.....Politics , Philosopy and Economics ...no mention of common sense .....what a drip ..a transparent termite....does he not understand property prices are too high for FTBs ...mortgage offer or no mortgage offer ....and they need to fall.... :rolleyes:

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...just seen the property VI Lord Oakeshott on Sky News attacking the Banks....guess what...?....top of his list they are not lending enough on property (mortgages)....why do Sky News sell out to these low life VIs ...?.... he has degrees in ...guess what .?.....Politics , Philosopy and Economics ...no mention of common sense .....what a drip ..a transparent termite....does he not understand property prices are too high for FTBs ...mortgage offer or no mortgage offer ....and they need to fall.... :rolleyes:

I think Oakeshott is actually a pretty straight-up guy who knows how the banksters operate and speaks his mind.

Property-owning VI he may be, but he makes an awful lot of statements against his own interest, which is pretty refreshing from someone in a mainstream (for now) political party.

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Since then the industry has reformed radically," said Angela Knight, Chief Executive of the British Bankers' Association said in a statement.

They'll say anything.

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"The banking industry recognises that some of its number got it badly wrong during the crisis.
Since then the industry has got bailed out, smashing stuff for us really, we can pretend nothing happened," said Angela Knight, Chief Executive of the British Bankers' Association said in a statement.
"We entirely agree that no bank should believe it can fall back on the taxpayer, but frankly we don't mean it, I mean, have you seen how much we earn? " she added.
"Anyway f*ck you, I've still got my job, pays really well, maybe it's morally repugnant that I am still in a job, getting paid about 10 times what most other people earn. So ha ha to that. Off to Mustique for 3 weeks in June, f*ck you very much.

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I was in a bank branch the other day and they were all having to wear huge lapel badges advertising mortgages.

It just seemed such brass neck of the management.

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I'm sick of Angela Knight and I'm sick of hearing her lame excuses. I'm sick of her friggin' face on the TV all the time jumping to the defence of the Banksters while inflation soars into the stratosphere.

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I'm sick of Angela Knight and I'm sick of hearing her lame excuses. I'm sick of her friggin' face on the TV all the time jumping to the defence of the Banksters while inflation soars into the stratosphere.

The fact that she is their chosen spokesperson speaks volumes as to their failure to grasp even basic PR- she seems to embody the very arrogance she claims does not exist in banking.

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Guest sillybear2

If they're straight how come they still beg for money :-

http://www.dailymail.co.uk/money/article-1348451/Santander-UK-boss-We-need-liquidity-helping-hand.html

The fact that she is their chosen spokesperson speaks volumes as to their failure to grasp even basic PR- she seems to embody the very arrogance she claims does not exist in banking.

Banksters don't need traditional PR as such, they're a cartel and buy their support from the political class, or craven journos and academic types that should know better. The general public generally don't feature, they simply exist to pay up.

Edited by sillybear2

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If they're straight how come they still beg for money :-

http://www.dailymail...lping-hand.html

Banksters don't need traditional PR as such, they're a cartel and buy their support from the political class, or craven journos and academic types that should know better. The general public generally don't feature, they simply exist to pay up.

shades of the NUM putting the lights out across the country in the 1970s

like a fever, we are going to have to sweat these b*stards out of our system

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http://uk.finance.ya...014482.html?x=0

Banks says criticism from Bank's King is outdated
Keith Weir, 12:37, Saturday 5 March 2011
LONDON (Reuters) - Britain's banks said on Saturday they had acted to make their businesses safer, clashing with Bank of England Governor Mervyn King who warned of the risk of a fresh financial crisis in a scathing interview.
"The banking industry recognises that some of its number got it badly wrong during the crisis.
Since then the industry has reformed radically," said Angela Knight, Chief Executive of the British Bankers' Association said in a statement.
"We entirely agree that no bank should believe it can fall back on the taxpayer," she added.
In a rare interview, King warned that imbalances in the banking system were growing again and could lead to a repeat of the 2008 financial crisis..../
The comments also put pressure on Chancellor George Osborne
to maintain
to give the appearance of taking a tough line with the banks.

We might recall the statment by the Caporegime of the Gambino family when he said the family is moving out of the rackets into legit business. Yeah right. Banksters they are and banksters they always will be.

It's quite simple to call their bluff!

"Ana Botin, Santander, warned the withdrawal of the Bank of England's SLS could hamper the amount of credit that banks can offer"

Just proves they are empty after paying for their speculation losses on their (still) exploding, depreciating CDO's!

They should be made to publish their balance sheets/accounts, randomly, at any time in the Nationals

(so they don't have the time to bring in funds from bank chains they own in other parts of the World to make them appear solvent!)

Edited by erranta

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Notice how the banksters like to issue lots of 'warnings' when their ponzi scheme is threatened with regulation of any kind.

Reminds me of those scenes in the gangster films when they go into the local cafe and say to the guy 'nice place you have here- be pity if something were to' happen' to it.' :D

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Notice how the banksters like to issue lots of 'warnings' when their ponzi scheme is threatened with regulation of any kind.

Reminds me of those scenes in the gangster films when they go into the local cafe and say to the guy 'nice place you have here- be pity if something were to' happen' to it.' :D

"Nice to have a family. A man should take care, see that nothin' happens to them."

Frank Nitti, The Untouchables.

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http://uk.finance.yahoo.com/news/-Bank-England-governor-Mervyn-tele-696515098.html?x=0

'Bank of England governor Mervyn King 'out of touch' , says City
James Quinn, 7:00, Sunday 6 March 2011
Senior City figures last night reacted with anger to Mervyn King's forthright attack on the financial services sector, calling his suggestion that banks routinely exploit millions of customers an "insult".
Bankers, businessmen and economists joined together to dismiss the bulk of the Bank of England Governor's comments, with some even questioning whether he should remain in his post.
One senior banking source, at one of the UK's top five banks, went so far as to brand Mr King "
an embittered old man with no appreciation of reality".

"House prices are a matter of opinion, whereas debt is real." (Merv. c. 2007?).

This "embittered old man" is a lone voice of honesty among a gaggle of spivs out to rip off the country one person at a time. I notice banks are still peddling mortgage protection insurance (protection money) and charge exortionate amounts to buy a mortgage and impose a penalty for paying it off. The sooner the banks are regulated the better IMO.

And good bye and good riddance to HSBC, one down and a few more to go.

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This "embittered old man" is a lone voice of honesty among a gaggle of spivs out to rip off the country one person at a time.

ROFLMAO... Mervin King is definitely NOT a "lone voice of honesty", he just plays his part in a pre-agreed game who's only purpose is to keep us confused and passive.

You don't become head of the BoE unless you are 100% part of the Bankster cabal that rules the world.

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"Whoever claims the right to redistribute the wealth produced by others is claiming the right to treat human beings as cattle."

"Government control of the economy, no matter in whose behalf, has been the source of all the evils in our industrial society -– and the solution is laissez-faire capitalism, i.e., the abolition of any and all forms of intervention in production and trade, the separation of State and Economics, in the same way and for the same reasons as the separation of Church and State."

"Capitalism is a social system based on the recognition of individual rights, including property rights, in which all property is privately owned"

"The essential characteristic of socialism is the denial of individual property rights."

"The right to agree with others is not a problem in any society; it is the right to disagree that is crucial. It is the institution of private property that protects and implements the right to disagree"

Ayn Rand. [born Alisa Zinov'yevna Rosenbaum, [ 1905 – 1982) American/Russian Novelist/Philosopher

Edited by Dan1

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One person speaking out and getting the media's attention is better than none.

We know he is right but the sad thing is we also expect that nothing will change but I'm still hoping.

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  • 312 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
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      • up 5%



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