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Not bad start.
City of London twitching like harry redknapp
City of London twitching like harry redknapp
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Ridiculous sentence. FFS the murdering torturing bastards of baby P got less. I'ver always said it, you commit financial fraud in this country you get the book thrown at you. Kill somebody and your out in next to no time. The lad should be used to finger all the other devious bar stewards who were no doubt involved. English justice is a mockery.
He will appeal sentence as unduly harsh, knocked down to 8 years, do 12 months in Ford open prison, then 3 years on home arrest with ankle tag....only having to be in from 8pm to 7am
More like...
If you dont put a stop to all the Aspergers 'get out of jail' cards or dish out any meaty sentences, the yanks are gonna pull the cash out of london
If you dont put a stop to all the Aspergers 'get out of jail' cards or dish out any meaty sentences, the yanks are gonna pull the cash out of london
try my best........guy got 4 years for manslaughter.....14 years for that is obscene
He made £150m for UBS in 3 years.
This was fraudulent money.
They were criminals and as such the money could be used for other criminal activties
This was fraudulent money.
They were criminals and as such the money could be used for other criminal activties
this country is a farce to be honest, 14 years while rapists and murderers get less
Surely all his crimes happend before all the new strick measures and long prison terms were implemented...
After the appeal, it will be.......
another slap on the wrist.
After the appeal, it will be.......
another slap on the wrist.
No chance he will get 10-14 years.
The judiciary/government think the whole world will collapse if people think they can fruadulently
make enough money to retire - so they must rot.
Meanwhile they know that rapists/murderers/knifers/wife beaters will always be a minority so they may as well gt the, back out a.s.a.p so they can work and produce taxes.
The judiciary/government think the whole world will collapse if people think they can fruadulently
make enough money to retire - so they must rot.
Meanwhile they know that rapists/murderers/knifers/wife beaters will always be a minority so they may as well gt the, back out a.s.a.p so they can work and produce taxes.
Always been a bigger crime to steal money than to kill people in the uk, not saying that uk governments are only interested in money.
Crazy sentence he did wrong but no way can I see it was 14 years wrong.
I thought he would get about five or six years at the most which I think most people would agree would be about right.
I thought he would get about five or six years at the most which I think most people would agree would be about right.
I agree the sentence will be reduced quite significantly on appeal as this is the first criminal conviction related to the 'banking frauds' and the judge did a bit of grandstanding based on the build up of public opinion and the consequences of consistent malpractice within this sector on the community as a whole.
It's quite wrong though to suggest that crime in the city gets overly punished in general. It's been quite the reverse. The list of frauds related to the recent times are as long as your are and for this to be the first criminal conviction is testament to that fact.
Corporate crime has been a shady world where no criminal convictions have occurred, whereas robbing banks from the outside in old world styles, or the holding up of cash point workers has always been punished, the latter being mainly the preserve of the less well off while the former being simply committed by the greedy, under the auspices of ' ambition'
Hopefully this is a sea change brought about by public recognition that enough is enough.
I wouldn't fancy being one of the 11 waiting trial.
It's quite wrong though to suggest that crime in the city gets overly punished in general. It's been quite the reverse. The list of frauds related to the recent times are as long as your are and for this to be the first criminal conviction is testament to that fact.
Corporate crime has been a shady world where no criminal convictions have occurred, whereas robbing banks from the outside in old world styles, or the holding up of cash point workers has always been punished, the latter being mainly the preserve of the less well off while the former being simply committed by the greedy, under the auspices of ' ambition'
Hopefully this is a sea change brought about by public recognition that enough is enough.
I wouldn't fancy being one of the 11 waiting trial.
14 years is about right its the other sentences for murder and rape that are too short
agree with gazo
other sentences need to go up...even if ti means it will cost a lot lot more
other sentences need to go up...even if ti means it will cost a lot lot more
Is he violent, no
Is he likely to reoffend,no
Is he a danger to society,no
He did it to acquire money,pure greed.
The State should take all his ill gotten gains off him,take all his money all his assets.
This gets money for the state and saves them the cost of his imprisonment.
Is he likely to reoffend,no
Is he a danger to society,no
He did it to acquire money,pure greed.
The State should take all his ill gotten gains off him,take all his money all his assets.
This gets money for the state and saves them the cost of his imprisonment.
While "He made £150m for UBS in 3 years" UBS were fined $1.5 billion for Libor
Not only were they rigging Libor, but they were betting using derivatives on the **** rates! A bit like lengthening the price of the fav and then steaming in to the extended price 
couldnt they just hide some of their gains and ride off into the sunset when the government takes the money it can find
After all these scandals with the banks. the UK missed a great opportunity to regain the extraordinary privilege the banks have of money creation. They should have nationalised the Halifax & RBS and taken control of money creation for the benefit of all.
The problem for this government and the American one is that these actions came to light.
That's not to say they were or are actively trying to keep them quiet, but had they not come to the surface nobody would have been any the wiser and things could continue, markets wouldn't be spooked and speculators and spiv could continue in their own merry way.
The problem became world issues as they could be classed under the banner headline of 'control fraud' as a collective. This of course was an instimental player in the crashes that occurred and effected everyone to a certain extent.
Because both nations are nuts deep in the financial speculation sectors that provide the lion share of tax yield then they had to look to be putting it in order.
That's not to say they were or are actively trying to keep them quiet, but had they not come to the surface nobody would have been any the wiser and things could continue, markets wouldn't be spooked and speculators and spiv could continue in their own merry way.
The problem became world issues as they could be classed under the banner headline of 'control fraud' as a collective. This of course was an instimental player in the crashes that occurred and effected everyone to a certain extent.
Because both nations are nuts deep in the financial speculation sectors that provide the lion share of tax yield then they had to look to be putting it in order.
Stow_judge • August 4, 2015 10:29 AM BST
After all these scandals with the banks. the UK missed a great opportunity to regain the extraordinary privilege the banks have of money creation. They should have nationalised the Halifax & RBS and taken control of money creation for the benefit of all.
..indeed.....amen to that....
...though a few US presidents in history have tried to start along that path....and paid a pretty heavy price.
After all these scandals with the banks. the UK missed a great opportunity to regain the extraordinary privilege the banks have of money creation. They should have nationalised the Halifax & RBS and taken control of money creation for the benefit of all.
..indeed.....amen to that....
...though a few US presidents in history have tried to start along that path....and paid a pretty heavy price.
yeah 14 years ott
the yank who was head of Barclays got slap on wrist,much worse
he will sing like a canary in jail
the yank who was head of Barclays got slap on wrist,much worse
he will sing like a canary in jail
Amazed people think this is a harsh sentence
In the US he'd have got about 600years
In the US he'd have got about 600years
A fully nationalised bank would have been a very bad idea for a government used to selling its soul to enterprise.
So they argue, government does a very bad job at running business (it's efforts at running a country is also pretty 5hit if you look at the problems that manifest) and says that nationalised sectors make cardboard cars etc etc etc yawn.
What they really mean is that business should be allowed to do what it 'needs' to do to profit....and then finance their politics.
If there had been a fully nationalised bank and the feeling within the country continued to have blamed the private sector antics for all ill, then perhaps they would have transferred all their banking to that bank, in protest but also out of ethics.
Then all those CEOs that start each day with a mutual wanking session would have been in uproar cos their game had been taken off them by the very people that they thought was their right to sacrifice.
So they argue, government does a very bad job at running business (it's efforts at running a country is also pretty 5hit if you look at the problems that manifest) and says that nationalised sectors make cardboard cars etc etc etc yawn.
What they really mean is that business should be allowed to do what it 'needs' to do to profit....and then finance their politics.
If there had been a fully nationalised bank and the feeling within the country continued to have blamed the private sector antics for all ill, then perhaps they would have transferred all their banking to that bank, in protest but also out of ethics.
Then all those CEOs that start each day with a mutual wanking session would have been in uproar cos their game had been taken off them by the very people that they thought was their right to sacrifice.
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