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Banker gets roasted by Noel Edmonds

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2 minutes ago, Trump Invective said:

My opinion of Noel Edmonds has suddenly undergone a dramatic transformation

Yeah, I know TI - I thought the same 🙂

But actually the guy shown is the CEO of Lloyds answering Q's from Noel, who is in the audience.

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19 minutes ago, Trump Invective said:

My opinion of Noel Edmonds has suddenly undergone a dramatic transformation

Whoa yes. Wonder what happened.

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At the end when asking about the amount they spend on legal bills. Can categorically say its nowhere near the figure Noel mentions (1.2billion), however, they then can't provide a ball park or whether its north or south of a billion. Crazy!

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This in addition to the RBS Global Restructuring Group scandal...seems that far from being 'by your side'(apart from when signing on the dotted for a loan, of course) there's a systemic culture amongst UK banks' 'turnaround specialists' not to help SMEs but merely to extract maximum fees out of them - even if it means insolvency for the business in question.

Perfect paradigm of the world of finance's social destruction, and everything wrong with contemporary capitalism [private equity leveraged buyouts are another example of financier leeches sucking the life from the productive]

And some 'libertarians' want rules relaxed to allow these 'masters of the universe' their full head. Risible.

But all a consequence of not dealing with them properly 10 years ago. You won't see this kind of 5hit in Iceland, because they had a pair of balls back then - the populace made sure their politicians did what was needed.

Edited by zilly

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I've known someone for years who had a decent business with 50-100 employees, they actually manufactured useful stuff that people bought, with a lot of that manufacture in UK. Fatal flaw they had too much debt and the bank forced them into insolvency for no reason. Few years later bank forced to admit responsibility and offer possibility of compensation but to get that the company would have to be (reconstituted?) is that the term, brought back to life, which would have meant any compensation would have been available to be grabbed by debtors so a pointless risk for directors and it never happened.

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Great viewing. I wish I'd been there. I might buy a few shares in LBG to be able to go next year and see Noel skewering Norman. 

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this should actually become common place, AGM;s have traditionally just been a boring  wave through of bonus's for the elite, what they should really be is the equivalent of a drive by, with the activist shareholders in the car doing the metaphorical shooting, it does happen occasionally with shareholder revolts, or the grannies as they like to call them.

I think the best unsaid part of this agm is the fact that noel bought exactly 1 (one) LLOY share @ 67 pence in order to attend this debarcle. Wonder if he sold it afterwards haha. Or maybe the trading costs were just exhorbitant.

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2 hours ago, Trump Invective said:

My opinion of Noel Edmonds has suddenly undergone a dramatic transformation

all that money and the poor guy still can`t buy a decent suit. 

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3 hours ago, inbruges said:

Sorry, but Edmonds still gives me the creeps

Sure is an unlikely hero on here!

I might put him in my back pocket for the 2019 celebrity death thread. Now he's shown his cards, tptb will want him gone esp if u lot are influenced by his efforts here - afterall you're a tough crowd to please ;) so the great unwashed will lap this up, just the sort of thing our great overlords dont want..

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I see Edmonds successfully sued  Morcambe Council after another Blobbyland there hit trouble after just 13 weeks. Council tax payers lost two million quid including the council's  one million pound investment in Blobbyland.

 

http://news.bbc.co.uk/1/hi/england/2711393.stm

Edited by crashmonitor

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Mr Blobby. Shambling, uncoordinated, one-note stupid act.

Perfect metaphor for modern Britain.

https://upload.wikimedia.org/wikipedia/en/0/0c/Mr_Blobby%2C_2009.jpg

2 hours ago, crashmonitor said:

I see Edmonds successfully sued  Morcambe Council after another Blobbyland there hit trouble after just 13 weeks. Council tax payers lost two million quid including the council's  one million pound investment in Blobbyland.

 

http://news.bbc.co.uk/1/hi/england/2711393.stm

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15 hours ago, inbruges said:

Sorry, but Edmonds still gives me the creeps

Yes. He hated like it when he did his usual self-publicising act for Chris Morris. The whole point of BrassEye was to draw attention to celebrities who were lending their names to causes and whoring themselves without doing the very basic of due diligence. So it was a fair cop.

https://www.independent.co.uk/news/tv-comedian-outrages-celebrities-with-brass-neck-1277425.html

Quote

The second programme showed the Tory MP David Amess condemning the drug "cake", about which he put down a question in the House. When he discovered he had been set up, he said the incident was "beneath contempt".

Noel Edmonds was also a victim when he made a televised appeal on the subject of "cake" and he calls the deception "straightforward fraud".

But a Brass Eye source retorted that it was ridiculous for them take the programme so seriously. "It's just a joke, it's funny. The only question is why we didn't kill Noel Edmonds when we had him in front of us, because he's the Anti-Christ."

:D:D

 

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