Bank Watch ...

Post by **kenneal - lagger** » Fri Mar 06, 2015 5:25 am

3rdRock wrote:Pesto - Did bankers scam the bank rescue scheme?

http://www.bbc.co.uk/news/business-31744915

In other words the suspicion is that they were scamming a rescue scheme,

The Kleptocrasy in action!!

3rdRock · Post by **3rdRock** » Fri Mar 06, 2015 9:43 am

http://www.theguardian.com/business/201 ... n-stimulus

European Central Bank fires starting gun on €1tn stimulus

More pocket money for the banksters in the city.

emordnilap · Post by **emordnilap** » Fri Mar 06, 2015 10:39 am

3rdRock wrote:http://www.theguardian.com/business/201 ... n-stimulus

European Central Bank fires starting gun on €1tn stimulus
More pocket money for the banksters in the city.

Yup. But there is no conspiracy.

Post by **kenneal - lagger** » Fri Mar 06, 2015 2:05 pm

I'm just waiting for the rise in the stockmarkets and property prices EU wide.

Mean Mr Mustard · Post by **Mean Mr Mustard** » Mon Mar 09, 2015 8:43 pm

https://medium.com/@NafeezAhmed/death-d ... 5ed9ef5316

Post by **kenneal - lagger** » Tue Mar 10, 2015 4:17 am

Co-op bank here I come!! Goodbye HSBC.

3rdRock · Post by **3rdRock** » Tue Mar 10, 2015 6:09 am

http://www.theguardian.com/business/201 ... tion-green

HSBC: Tory MPs accused of blocking watchdog's bid to question Green

Conservatives use majority on public accounts committee to vote down proposal to summon former HSBC chairman and trade minister over bank’s tax scandal

Mean Mr Mustard · Post by **Mean Mr Mustard** » Tue Mar 10, 2015 11:24 am

Ken's surely right about a Kleptocracy. When a minimum wageslave on a zero hour contract is restricted from getting a second job because that might inconvenience the Dickensian employer, yet Rona Fairhead 'earns' £500k part time for HSBC 'overseeing' compliance, and also works for the BBC 'Trust' for £150k pin money in what she claims is actually her main job. (Would that be to muzzle or ensure positive spin for the Kleptocracy, while other media outlets are kept in line through advertising contract dependency?)

"I used to trust the media
To tell me the truth, tell us the truth
But now I've seen the payoffs
Everywhere I look
Who do you trust when everyone's a crook?"

Those lines were written circa 1987. Here's some lyric extracts from Queensryche, a phenomenal band.

Seven years of power
The corporation claw
The rich control the government, the media the law
To make some kind of difference
Then everyone must know
Eradicate the fascists, revolution will grow

The system we learn says we're equal under law
But the streets are reality, the weak and poor will fall

Got no love for politicians
Or that crazy scene in D.C.
It's just a power mad town
But the time is ripe for changes
There's a growing feeling
That taking a chance on a new kind of vision is due

Revolution calling
Revolution calling
Revolution calling you
(There's a) Revolution calling
Revolution calling
Gotta make a change
Gotta push, gotta push it on through

I'm tired of all this bullshit
They keep selling me on T.V.
About the communist plan
And all the shady preachers
Begging for my cash
Swiss bank accounts while giving their
Secretaries the slam

They're all in Penthouse now
Or Playboy magazine, million dollar stories to tell
I guess Warhol wasn't wrong
Fame fifteen minutes long
Everyone's using everybody, making the sale

I used to think
That only America's way, way was right
But now the holy dollar rules everybody's lives
Gotta make a million doesn't matter who dies

I used to trust the media
To tell me the truth, tell us the truth
But now I've seen the payoffs
Everywhere I look
Who do you trust when everyone's a crook?

Revolution calling
Revolution calling
Revolution calling you
(There's a) Revolution calling
Revolution calling
Gotta make a change
Gotta push, gotta push it on through

raspberry-blower · Post by **raspberry-blower** » Mon Mar 16, 2015 6:42 pm

Zero Hedge: The Austrian Black Swan Claims its First Casualty

As for the guy who looked at DuesselHyp's balance sheet and "wisely" concluded it is worth X, good luck finding a job. Don't worry though, many more "analysts" at other banks will be joining you in the unemployment line as more European banks admit they are insolvent when a world that is "priced to perfection" is revealed to have been anything but.

Because if a 1.5% write down in the assets of a supposedly well-capitalized German bank can lead to almost overnight insolvency, one can almost imagine what will happen when the Austrian black swan wave reaches Europe's actually "undercapitalized" banks...

Bank failure in Austria causing failures in Germany - deja vu?

snow hope · Post by **snow hope** » Mon Mar 16, 2015 10:47 pm

Buy gold now?

Post by **kenneal - lagger** » Tue Mar 17, 2015 1:38 am

I thought all these banks recently passed a stress test! Not very stressful, obviously!

emordnilap · Post by **emordnilap** » Wed Mar 18, 2015 10:14 am

More "too big to fail" excuses on their way.

Maybe they should lend themselves the money? After all, these banks can print "money" whenever they want.

raspberry-blower · Post by **raspberry-blower** » Tue Mar 24, 2015 1:00 pm

The court case that you won't hear about in the MSM.

Bank of Canada, Finance Minister and Others Faces Lawsuit for Alleged IMF Conspiracy

UndercoverElephant · Post by **UndercoverElephant** » Sun Apr 05, 2015 9:52 am

http://wearechange.org/iceland-stuns-ba ... ate-money/

emordnilap · Post by **emordnilap** » Tue Apr 07, 2015 10:59 am

UndercoverElephant wrote:http://wearechange.org/iceland-stuns-ba ... ate-money/

Firstly, I hope it happens - but there's no guarantee it will. Secondly, if it does, it's an itch, not a wound. Thirdly, they may end up candidates for an American solution.