Message boards :
Politics :
Dishonest Bankers.
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Author | Message |
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Wiggo Send message Joined: 24 Jan 00 Posts: 34744 Credit: 261,360,520 RAC: 489 |
Did we really need a research study to prove that they are? :-O http://www.news.com.au/finance/money/bankers-fail-honesty-test-according-to-swiss-researchers/story-e6frfmci-1227129203473 Cheers. |
Gary Charpentier Send message Joined: 25 Dec 00 Posts: 30640 Credit: 53,134,872 RAC: 32 |
Did we really need a research study to prove that they are? :-O Which are "the bankers"? Tellers? CEO's? |
Wiggo Send message Joined: 24 Jan 00 Posts: 34744 Credit: 261,360,520 RAC: 489 |
Do they still have tellers in banks? I havn't been into any in over decade now since they wanted to start charging just to see 1. Cheers. |
anniet Send message Joined: 2 Feb 14 Posts: 7105 Credit: 1,577,368 RAC: 75 |
I'd best not post in this thread after this one... too much inside knowledge of a whole stinking edifice that has spread to auditors too... (number policeman! SNORT!!) Might end up offending someone (who IS in the sector and NOT dishonest) but as a general rule of thumb - dishonesty increases the higher the position and is inversely proportionate to prosecutions. |
Sirius B Send message Joined: 26 Dec 00 Posts: 24879 Credit: 3,081,182 RAC: 7 |
This doesn't help matters either... EU dismisses UK challenge to cap banker's bonuses ...large brown envelopes involved! |
Darth Beaver Send message Joined: 20 Aug 99 Posts: 6728 Credit: 21,443,075 RAC: 3 |
At least the senate is trying to keep the bastards honest Wiggo . Poor old Clive Palmer his new party is crumbling and turning on him . So much for Tony Abbott's clever politics of kicking Palmer out off the party so he could form a new one to help the lib's win Now if only we can get rid off the Belgium ring in banker from the I.M.F and world bank out before he causes more trouble . Mathias Cormann go back to Belgium and take your b/s ideas with you Ass..... Yeh right we don't need comsumer protection from greedy bankers Cormann ! The Australian public has woken up ass.... F off back to Belgium |
Sirius B Send message Joined: 26 Dec 00 Posts: 24879 Credit: 3,081,182 RAC: 7 |
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Darth Beaver Send message Joined: 20 Aug 99 Posts: 6728 Credit: 21,443,075 RAC: 3 |
Tyipical say sorry , slap on the rist and nothing , business as usual . Hope they tighten'd the laws over your way after the G.F.C |
Julie Send message Joined: 28 Oct 09 Posts: 34053 Credit: 18,883,157 RAC: 18 |
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Jim Martin Send message Joined: 21 Jun 03 Posts: 2473 Credit: 646,848 RAC: 0 |
Perhaps, bankers would appear to be more honest, if the (US) Fed. raised the interest rate. For at least six years, those of us with modest savings accounts have helped support the US/world economy (e.g., housing industry, plus speculating in the market). The economies can't function with higher interest rates? How come they did, before the recession? What caused the recession -- high interest rates? Please. |
betreger Send message Joined: 29 Jun 99 Posts: 11361 Credit: 29,581,041 RAC: 66 |
The economies can't function with higher interest rates? How come they did, Books have been written on that subject, but it all comes down to the supply of money. Not just the quantity of script printed but how many times it turns over in a time period. the supply of money is defined by M x V. Policies which eased the requirements to purchase homes increased the velocity of the money hence we created more. This created a housing bubble which eventually collapsed and the world went into a recession. Higher interest rates reward saving and reduce the supply of money. The point behind the low interest rate is to increase the supply and demand for goods and services and hopefully put people back to work. IMO this has not worked as well as I would like to have seen because so much of this money has gone into the stock market and it is way up, a new bubble perhaps? To address that a new thread would be appropriate. |
Jim Martin Send message Joined: 21 Jun 03 Posts: 2473 Credit: 646,848 RAC: 0 |
Iu think that the reason inflation has stayed within the manageable range, in the US, anyway, is due to automation. Having retired from the computer industry, I have mixed views on the subject -- certainly, I don't favor either a Luddite approach, or complete socialistic one, either. As Alan Greenspan would say, it's a conundrum. More meaningful jobs, are the order of things. But, how? I don't know. |
Darth Beaver Send message Joined: 20 Aug 99 Posts: 6728 Credit: 21,443,075 RAC: 3 |
Glad to see others are wondering the same it is starting to get on the high side betreger , but possibably not over heating yet , the Taxi drivers and mum's and dad's are not buying in yet so hold ya ground |
Bob DeWoody Send message Joined: 9 May 10 Posts: 3387 Credit: 4,182,900 RAC: 10 |
There has to be a reason why the largest buildings in most cities are the banks and insurance corporate offices. Bob DeWoody My motto: Never do today what you can put off until tomorrow as it may not be required. This no longer applies in light of current events. |
Julie Send message Joined: 28 Oct 09 Posts: 34053 Credit: 18,883,157 RAC: 18 |
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Wiggo Send message Joined: 24 Jan 00 Posts: 34744 Credit: 261,360,520 RAC: 489 |
Well at least 1 couple got their own back on a bank. http://www.news.com.au/finance/business/couple-wins-12-million-after-receiving-700-calls-from-bank-of-america/story-fnkjidjt-1227155221918 I bet that they don't have a mortgage anymore. Cheers. |
Sirius B Send message Joined: 26 Dec 00 Posts: 24879 Credit: 3,081,182 RAC: 7 |
It's not only the bankers that need watching, but those "pesky" tax collectors as well... HSBC helped clients dodge millions ..."HM Revenue and Customs (HMRC) was given the leaked data in 2010 and has identified 1,100 people who had not paid their taxes. But almost five years later, only one tax evader has been prosecuted. But the chairwoman of the Public Accounts Committee, Margaret Hodge MP, said: "I just don't think the tax authorities have been strong enough, assertive enough, brave enough, tough enough in securing for the British taxpayer the monies that are due."" Jeebers woman! You want your bread buttered both sides with jam? |
Sirius B Send message Joined: 26 Dec 00 Posts: 24879 Credit: 3,081,182 RAC: 7 |
Banks have traditionally been grand imposing buildings to engender customer confidence. You wouldn't want to entrust your life savings to a bank that operated out of a portakabin down an alleyway! & that makes them safe? Where have you been for the last 7 years, Outer Mongolia? |
Gary Charpentier Send message Joined: 25 Dec 00 Posts: 30640 Credit: 53,134,872 RAC: 32 |
Banks have traditionally been grand imposing buildings to engender customer confidence. You wouldn't want to entrust your life savings to a bank that operated out of a portakabin down an alleyway! Of course it makes them safe. As we all know the opulence of the front office is inversely related to the basic financial solvency of any firm, not just banks. |
Sirius B Send message Joined: 26 Dec 00 Posts: 24879 Credit: 3,081,182 RAC: 7 |
Banks have traditionally been grand imposing buildings to engender customer confidence. You wouldn't want to entrust your life savings to a bank that operated out of a portakabin down an alleyway! ROFLMAO. |
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