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gruffydd

Banks Should Not Be Broken Up - Banking Commission

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The move will still cause anger at big banks like Barclays, according to BBC business editor Robert Peston..

Are Barclays still in the UK. Weren't they supposed to be going off to America or Dubai or somewhere.

Sooner the better.

Edited by billybong

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They should be broken down?

This is a typical inquiry whitewash - dispatch some so called independently minded individual and ask them to report back agreeing with what you want to hear.

Ultimately this comes down to what the Bankers want being what the chancellor is told to make happen, he then uses the so called independent report for cover.

Osborne = banker's bitch.

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Are Barclays still in the UK. Weren't they supposed to be going off to America or Dubai or somewhere.

Sooner the better.

..sure ..leave us with all the broken arrows.... :rolleyes:

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This is a typical inquiry whitewash - dispatch some so called independently minded individual and ask them to report back agreeing with what you want to hear.

Ultimately this comes down to what the Bankers want being what the chancellor is told to make happen, he then uses the so called independent report for cover.

Osborne = banker's bitch.

...wrong ...don't think Barclays will be to keen.... :rolleyes:

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This is a typical inquiry whitewash - dispatch some so called independently minded individual and ask them to report back agreeing with what you want to hear.

Ultimately this comes down to what the Bankers want being what the chancellor is told to make happen, he then uses the so called independent report for cover.

Osborne = banker's bitch.

+1

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Yeah, typical whitewash.

(1) Appoint members of the banking establishment to investigate the banking establishment

(2) Implement a measure that can not be implemented or policed in a meaningful way

(3) There you have it - WHITEWASH!

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It is expected that the Commission will recommend requiring the banks to put their investment banking operations into a separate subsidiary company that they own.

The subsidiary would have its own capital, which could be used by it to absorb losses, but which would be allowed to go bust if it became insolvent.

It's a start, surely.

Big vote loser if the Government does zilch about banking reform.

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It's a start, surely.

Big vote loser if the Government does zilch about banking reform.

I find it hard to believe that people still don't realise what sort of country we live in now. They lie to win votes, then as soon as they get in they start doing policies that will line their pockets. It doesn't matter what happens after that they are a made man, wiseguy, goodfella, call it what you like.

Tony Blair will earn around £2 million a year in his part-time role as adviser to the Wall Street bank JP Morgan without ever having to go into the office

http://www.telegraph.co.uk/news/politics/labour/1575247/Tony-Blair-to-earn-2m-as-JP-Morgan-adviser.html

MPs have been granted a special exemption from new rules designed to clamp down on tax avoidance.

http://www.telegraph.co.uk/finance/businessclub/8437118/MPs-given-exemption-from-tax-avoidance-rules.html

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Commission answers to the goverment; government answers to the banks; banks don't want to be broken up, especially now they know they can bet with our money and keep the winnings if they win, and pass the losses to us if they lose. It all makes perfect sense really.

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..sure ..leave us with all the broken arrows.

"Arrows". Barrow boys more like and Barclays the scroungers are no different.

The move (ring fencing risky operations) will still cause anger at big banks like Barclays, according to BBC business editor Robert Peston..

Anger as if they're the only ones that count. The infantile bankers but Mr Robert (no remorse) Diamond already said that Barclays are leaving the UK to go America.

The UK banking sector and its main attributes of greed, dishonesty, incompetence and freeloading has helped to devastate the general UK economy - and they're going to be angry about a bit of ring fencing.

Edited by billybong

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The UK banking sector and its main attributes of greed, dishonesty, incompetence and freeloading has helped to devastate the general UK economy - and they're going to be angry about a bit of ring fencing.

...yes ...yes ...but their cohort and friend Gordo who was wrecker of economy number one is now going to help Soros fix it all..... :rolleyes:

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...yes ...yes ...but their cohort and friend Gordo who was wrecker of economy number one is now going to help Soros fix it all..... :rolleyes:

Millions and millions of public sector workers worldwide, quadrillion dollar deficits,start warming up the presses now.

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I find it hard to believe that people still don't realise what sort of country we live in now.

Tony Blair will earn around £2 million a year in his part-time role as adviser to the Wall Street bank JP Morgan without ever having to go into the office

http://www.telegraph.co.uk/news/politics/labour/1575247/Tony-Blair-to-earn-2m-as-JP-Morgan-adviser.html

Well, there are some phenomena which simply can't explained. LIke why grass is green.

It's even more inexplicable that he was ever made a Peace Envoy.

It's too late to string up Tony, but people do catch on very slowly and the current Gov is still here to catch the flack.

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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% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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