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> BARCLAY'S £290.000,000 FINE
NORTHENDER
post Jun 27 2012, 09:49 PM
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Where or who does this fine go to?
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Andy Capp
post Jun 27 2012, 10:06 PM
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No-where near enough, and why aren't executives going to gaol!!!!!!
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Jayjay
post Jun 28 2012, 02:20 PM
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QUOTE (NORTHENDER @ Jun 27 2012, 10:49 PM) *
Where or who does this fine go to?


In UK it goes to the FSA and reduces the charge that all financial institutions have to pay.
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Jayjay
post Jun 28 2012, 02:21 PM
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QUOTE (Andy Capp @ Jun 27 2012, 11:06 PM) *
No-where near enough, and why aren't executives going to gaol!!!!!!


Agree. It is only 10 days profit.
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Dodgys smarter b...
post Jun 28 2012, 04:46 PM
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QUOTE (NORTHENDER @ Jun 27 2012, 10:49 PM) *
Where or who does this fine go to?


What's sightly more worrying is where it's coming from. Banks don't have any money per se, they only have the dosh from investors, savers and investments, ANY fine really doesn't matter to them, they'll just add it on to everyone's account costs next year.

This seems to be fraud on an almost criminal scale, yet no-one's getting banged up for it. So, let's just get this right, under this coalition, you don't go anywhere near chokey for massive fraud, but get three years for taking a T shirt during the riots. Seems fair.
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andy1979uk
post Jun 28 2012, 05:06 PM
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QUOTE (Dodgys smarter brother. @ Jun 28 2012, 05:46 PM) *
What's sightly more worrying is where it's coming from. Banks don't have any money per se, they only have the dosh from investors, savers and investments, ANY fine really doesn't matter to them, they'll just add it on to everyone's account costs next year.

This seems to be fraud on an almost criminal scale, yet no-one's getting banged up for it. So, let's just get this right, under this coalition, you don't go anywhere near chokey for massive fraud, but get three years for taking a T shirt during the riots. Seems fair.


good point, although anyone rioting should have been given life.
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Andy Capp
post Jun 28 2012, 05:41 PM
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QUOTE (andy1979uk @ Jun 28 2012, 06:06 PM) *
good point, although anyone rioting should have been given life.

Life is normally given to people who murder others. I'm not sure smashing windows is an equal crime.
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Cognosco
post Jun 28 2012, 05:55 PM
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QUOTE (Dodgys smarter brother. @ Jun 28 2012, 05:46 PM) *
What's sightly more worrying is where it's coming from. Banks don't have any money per se, they only have the dosh from investors, savers and investments, ANY fine really doesn't matter to them, they'll just add it on to everyone's account costs next year.

This seems to be fraud on an almost criminal scale, yet no-one's getting banged up for it. So, let's just get this right, under this coalition, you don't go anywhere near chokey for massive fraud, but get three years for taking a T shirt during the riots. Seems fair.



Come on the courts are too full now as they are trying to sentence the benefit cheats who may possibly have claimed a couple of hundred pounds too much. They won't have time to bring those to book who may have possibly fraudulently gained billions. rolleyes.gif Of course not to mention the trillions the bankers have already cost us due to their reckless gambling?


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x2lls
post Jul 1 2012, 09:10 PM
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QUOTE (Cognosco @ Jun 28 2012, 06:55 PM) *
Come on the courts are too full now as they are trying to sentence the benefit cheats who may possibly have claimed a couple of hundred pounds too much. They won't have time to bring those to book who may have possibly fraudulently gained billions. rolleyes.gif Of course not to mention the trillions the bankers have already cost us due to their reckless gambling?



Bankers (Well there's some rhyming slang!) are members of our society. As such, they should be made to feel just what it is like to be real members of our society by suffering financial ruin. That would go some way to reinstate a sense of trust, though I doubt that will ever happen again.
I for one am bloody angry about this, especially when I recall the suffering I had when in my younger days, I was getting hit left right and centre by overdraft charges.


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