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Carney Wants To Make Banks Pay Their Own Way

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**The governor of the Bank of England has told the world's biggest banks to stop whingeing about proposed new capital requirements, saying they've had it too easy for too long.

In his only print interview, with Fairfax Media on the sidelines of the Sydney G20 meetings, governor Mark Carney rejected outright claims from Goldman Sachs and others that proposed standards being discussed in Sydney were so strict they could lead to an explosion in shadow banking and sow the seeds of the next crisis.**

http://m.smh.com.au/business/bank-of-england-governor-mark-carney-wants-to-make-banks-pay-their-own-way-20140223-33ah8.html

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**The governor of the Bank of England has told the world's biggest banks to stop whingeing about proposed new capital requirements, saying they've had it too easy for too long.

In his only print interview, with Fairfax Media on the sidelines of the Sydney G20 meetings, governor Mark Carney rejected outright claims from Goldman Sachs and others that proposed standards being discussed in Sydney were so strict they could lead to an explosion in shadow banking and sow the seeds of the next crisis.**

http://m.smh.com.au/business/bank-of-england-governor-mark-carney-wants-to-make-banks-pay-their-own-way-20140223-33ah8.html

Pay their own way? Sheesh, next they'll have to make a profit before paying bonuses..

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Goldman Sachs and others that proposed standards being discussed in Sydney were so strict they could lead to an explosion

Isn't threatening to blow things up a form of terrorism? :ph34r::lol:

I used to think that Max Keiser was using hyperbole when he talked about bankers being financial terrorists- but it turns out he was simply reporting the straight facts.

Anytime anyone threatens to shut down the bankers operation in some way they immediately start using the language of terrorists to prevent it.

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