Jailing The Bankers

A hotch potch of government funded people demanding his release,acting as if they know him personally.

We only know one thing about him,he broke the law getting here hardly an auspicious start.

I do find it hard to understand how aiding a superior in running a bank into the ground is a criminal offence, but there is more to come on this and I can't say I'll be sorry to see any of them do a bit of bird.

Surely it is the so called independent auditors that they shouldbe going after. These people were paid huge fees to make sure everything was above board on behalf of shareholders. With hindsight, it is obvious they completely neglected their duties to shareholders. Many of these large companies such as kpmg and ernst and young are still making huge money from state contracts. I am suprised the shareholders in the banks haven't hitched their wagons together and organised a big class action against them for the neglection of their duties and gross incompetence.

Auditors aren't exactly independent if you look at it, there are regulations as to how long a firm can audit say a bank and then the bank has to go and get another firm. So typically a Big 4 firm will audit a bank for say 4 years, the bank is then forced to change auditors, but the big 4 firm knows that if they don't rock the boat, they will have a much better chance when tendering for the auditing gig in 4 years time or whatever. It isn't really independence in practice.

Lots of banks, well I'm certain plenty of listed companies definitely have it in their articles of association that the company has to be audited by a Big 4 accountancy form. Same companies draw a lot of their financial accountant from same said firms. Auditing doesn't work!

Sorry to be so negative, but I kind of think that if a person is senior and capable, and has it in their mind that they are going to break the rules or prudent procedures, it is very difficult to stop them.

Bit like Peslier on Dartmouth there, except he ended up winning! lot of these boys have the same mindset of Peslier I'd say

The reason it doesn't work is because they aren't doing their jobs properly. Independent auditors are paid huge sums of money to give an outside opinion on what is going on in the bank. Their obligations are to the shareholders and not the company they are auditing. When they detect fraud, they are obliged to bring it to managements attention and if nothing is done about it, they can withdraw their services.

As you said above, the fact that only 4 companies are used by the banks mean has meant that they have become too close and are no longer independent. This is a form of corruption and the state should stop using these companies and an investigation into wrong doing should take place.

Some horse peslier was on there, I thought he had no chance of getting out in time and winning. Really accelerated once he got out.

Agree completely, its rotten.

"The evidence against these people was very flimsy, they were most likely only patsies for the more powerful people within the bank. David Drumm looks certain to avoid jail even though he appears the most guilty of the lot"

The evidence was substantial enough for a jury to convict them beyond reasonable doubt.

The very news item consisted of a person who entered the country illegally without any documentation or means to support himself with the primary aim of expecting the state to fund him a lavish lifestyle. The likes of the irish times are calling for the jailing of the bankers of which there is little evidence of illegality and the release of the migrant against where the evidence of illegality is undeniable. The irony is completely lost on them.

I don't know who are on about here I thought at first it was David Drumm getting into America, but no it appears you are talking about somebody that has been beaten up in jail, who was convicted of not having required documents, he was convicted, the probation act was applied, and was immediately arrested and placed on remand to face the same charges,There is an irony here but it will remain elusively beyond your grasp as does good sense.


It's some country.

And your some man, I mean that.

Rock Piper emoting again.

Why don't you offer this unfortunate individual some accommodation.
Sligo is still hiding that Pamela lady who falsified documentation,lied through her teeth in court and cost the state millions in legal fees.

Sligo is a beautiful county with probably too much rain but some of its residents are feel good merchants wanting others to pay for their emotions.

They were always going to be found guilty by jury. They were never going to get a fair trial given the scandals that have come about of Anglo and the negative press rightly associated with the banking profession over the last few years. I am not trying to defend these people to the death but I would just rather the people who were actually responsible for the incompetence were the one's facing trial.

I compared this to a situation where it was very clear that an individual had broken the law but the media and numerous interest groups were calling for his immediate release and the granting of asylsum seeker status. The media and all these various interest groups are picking and choosing the laws which they want to be adhered to and the laws which they think should be ignored. This can also be seen in the case of the man imprisoned in Egypt who all the do-gooders want brought home in national celebration. It is scandelous that Colm O Gormon thinks he can completely ride rough shod over the Egyptian Justice System just so he can act the billy big balls up in South County Dublin.

A big deal has also been made about this man being attacked in prison but there is no evidence to suggest he was attacked because of his nationality or race. When you break the law, you get put in prison with other people who break and sometimes these criminals don't see eye to eye. If he didn't want to be attacked in prison, he should have obeyed the laws of the land.

There's a lot less fuss when innocent hard working prison staff are stabbed or attacked for jus doing their jobs. This never makes the headlines of the irish times.

"They were always going to be found guilty by jury". A jury has already found Sean Fitzpatrick not guilty of charges relating to Anglo. It is a wee bit rich to complain about the Afghani breaking the laws of the land, when the poor fecker didn't even know what land he was even in. It also seems  Kafkaesque with a bit of the Third Policeman and Catch 22 thrown in to charge a person with a summary offence, apply the probation act, release him then rearrest him for the same offence and then remand him for a offence that does not demand a custodial penalty, when the gentleman in question cannot by the nature of the issue stop breaking the law. Could they just not have put him on a bus to Belfast and saved us a fortune, I remember that the District court judges here agreeing not to sent fellahs to jail if they promised to go to England instead , that was a great system we got rid of a problem with the added bonus of giving one to the Brits at the same time. An English solution to an Irish problem I believe it is called.

"They were always going to be found guilty by jury". A jury has already found Sean Fitzpatrick not guilty of charges relating to Anglo. It is a wee bit rich to complain about the Afghani breaking the laws of the land, when the poor fecker didn't even know what land he was even in. It also seems  Kafkaesque with a bit of the Third Policeman and Catch 22 thrown in to charge a person with a summary offence, apply the probation act, release him then rearrest him for the same offence and then remand him for a offence that does not demand a custodial penalty, when the gentleman in question cannot by the nature of the issue stop breaking the law. Could they just not have put him on a bus to Belfast and saved us a fortune, I remember that the District court judges here agreeing not to sent fellahs to jail if they promised to go to England instead , that was a great system we got rid of a problem with the added bonus of giving one to the Brits at the same time. An English solution to an Irish problem I believe it is called.

Hey Wildman why don't you come down here the Fleadh is on, you get free travel with your disability benefit doncha, that makes it a no brainer. That nice girl who looks after you is in to the trad and I am sure the Heath Board won't mind her bringing you down, but maybe a male nurse should come too, just in case like.

The bad news for Rock Piper is I was at the Curragh and had a good day.

I still work so refuse to collect benefits,similarly I don't avail of free travel.

It is interesting that the oh so righteous Rock Piper thinks someone having a disability is something to be sneered at,this is what he thinks s an insult.

We know by his other posts he considers himself cultured and refined,we know he has all the ride on views.
He hates the Catholic Church,hates his own country,looks down on those he considers peasants,his use of the word like in that sneering way shows his contempt for colloquialism.

His support for asylum seekers is based on him feeling good about himself.
He knows they won't be taking his job,he knows they won't be living near him.he knows their children won't be attending the same school as his do.
They are far more likely to end up working for him,which is why his ilk all want these open borders.

"... feel good merchants wanting others to pay for their emotions ..."

A good one.