London protests

[I1L2T3]

A bit of black ice for the Tories on here that mate, they all seemed to have sweeeeeerrvved it.

 

It was nearly a thread killer

 

There's more from round that time from Osborne. Much more.

[SteveJ68]

It was nearly a thread killer

 

There's more from round that time from Osborne. Much more.

 

The banks have been in the news again today, rigging the markets this time.

Wonder what the Tories on here think about that?

 

---------- Post added 20-05-2015 at 22:22 ----------

 

But the banks have contributed far more to the British economy than the low skilled migrant minimum wage workers will ever contribute. The banks didn't give us the massive debt, that was government spending more each year than they receive. Lets get the tax off people that owe it and lets stop supporting people that can work but won't work, lets stop importing cheap Labour that take more out than they have put in, and lets stop paying for people to live in house that are bigger than they need. Lets also cut the waste out of the public sector.

 

http://www.theguardian.com/business/2015/may/20/banks-hit-by-record-57bn-fine-for-rigging-forex-markets

[Eric Arthur]

The banks have been in the news again today, rigging the markets this time.

Wonder what the Tories on here think about that?

 

---------- Post added 20-05-2015 at 22:22 ----------

 

 

http://www.theguardian.com/business/2015/may/20/banks-hit-by-record-57bn-fine-for-rigging-forex-markets

 

They probably think that the flagrant abuse was set up under Labour's systems in 2007 and stopped under the Coalition's systems in 2013.

[I1L2T3]

They probably think that the flagrant abuse was set up under Labour's systems in 2007 and stopped under the Coalition's systems in 2013.

 

Problem with that is this was an international fraud, with the offending banks based in other countries not just the UK. Tip of the iceberg.

 

Nothing has stopped because nothing has really been done to regulate banks internationally. Arguably it's an impossible task because anything dodgy can get shifted into the almost completely unregulated shadow banking sector anyway.