The Bank scams are coming unglued

FluffyMcDeath

FluffyMcDeath

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With the revelations of Barclay's fixing the LIBOR and the investigations into the other LIBOR setting banks, the facade of untouchability is starting to crack. Heads are rolling, or at least getting knocked about a bit. Bob Diamond (ex) of Barclay's won't get his bonus.

Meanwhile HSBC has been harangued about its part in laundering drug, weapons and other organized crime money.
David Bagley, who has been HSBC head of group compliance since 2002, stepped down before the Homeland Security and Governmental Affairs subcommittee after its findings were published.
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Let's not let up. If you haven't already signed the petition yet, take a moment.
 
FluffyMcDeath said:
Bob Diamond (ex) of Barclay's won't get his bonus.
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Poor, wee soul will have to get by on a pittance.
Won't somebody think of his children?

Meanwhile HSBC has been harangued about its part in laundering drug, weapons and other organized crime money.


Let's not let up. If you haven't already signed the petition yet, take a moment.
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Didn't know about that. Signed it now although it looks as though you can enter a few email addresses and bum names and sign it multiple times, so I'm not sure I trust the numbers.
 
Robert said:
it looks as though you can enter a few email addresses and bum names and sign it multiple times, so I'm not sure I trust the numbers.
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My nosiness got the better of me and indeed you can. :oops:
 
Jamie Dimon and JP Morgan are in rising hot water as the losses mount. Their little 2 billion loss is getting bigger (which is odd, because it was first reported as up to 8 billion before JP Morgan said it was only 2 - so did they deliberately lowball the number?)
 
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