New Posts For Thread: More bankers to lose Knighthoods?https://community.betfair.com/politics/go/thread/view/94150/28898445/more-bankers-to-lose-knighthoodsSpeculation is that other bankers may follow Fred.The ultimate in gesture politics. The invertebrates think they have found a way of appearing to do something decisive, while really doing next to FA.What does this achieve. Is it a punishment? Or a deMy point exactly, chase the high % and you're on your own, both lenders and savers. If NR will lend me silly money dont come running when I knock them.https://community.betfair.com/politics/go/thread/view/94150/28898445/more-bankers-to-lose-knighthoods?post_id=516017827#516017827My point exactly, chase the high % and you're on your own, both lenders and savers. If NR will lend me silly money dont come running when I knock them.Mon, 06 Feb 2012 10:48:48 -0600Nothing showed a great disrespect to capitalism than when b*llend individuals and councils put their savings in Icelandic offshore banks chasing a golden interest rate. Then they lose the lot and get bailed out by the taxpayer.It's no different fromhttps://community.betfair.com/politics/go/thread/view/94150/28898445/more-bankers-to-lose-knighthoods?post_id=516017551#516017551Nothing showed a great disrespect to capitalism than when b*llend individuals and councils put their savings in Icelandic offshore banks chasing a golden interest rate. Then they lose the lot and get bailed out by the taxpayer.It's no different fromMon, 06 Feb 2012 10:42:01 -0600I'd go further, make regulation optional and those banks that opt in pay an enormous indemnity premium, those than dont can sink or swim.Let NR lend 12 x income at 125% but if they go tits up hard luckhttps://community.betfair.com/politics/go/thread/view/94150/28898445/more-bankers-to-lose-knighthoods?post_id=516017367#516017367I'd go further, make regulation optional and those banks that opt in pay an enormous indemnity premium, those than dont can sink or swim.Let NR lend 12 x income at 125% but if they go tits up hard luckMon, 06 Feb 2012 10:37:29 -0600It seems to me the solution to banking going forward is painfully obvious and easy.1) Split retail and investment banking. If you go bust you go bust. No bailouts of either type of bank.2) Remove savers government guarantee to anything over 20k. Mhttps://community.betfair.com/politics/go/thread/view/94150/28898445/more-bankers-to-lose-knighthoods?post_id=516016721#516016721It seems to me the solution to banking going forward is painfully obvious and easy.1) Split retail and investment banking. If you go bust you go bust. No bailouts of either type of bank.2) Remove savers government guarantee to anything over 20k. MMon, 06 Feb 2012 10:21:58 -0600Lord Lawson justifies it by saying,LORD LAWSON...got a PEERAGE FOR Economic Incompetence....SAME OLD TORIES...WHAT ABOUT ARCHER....JEFFREY (not Peter)Got a CRIMINAL CONVICTION...still a Lord...PRICELESS!https://community.betfair.com/politics/go/thread/view/94150/28898445/more-bankers-to-lose-knighthoods?post_id=516015647#516015647Lord Lawson justifies it by saying,LORD LAWSON...got a PEERAGE FOR Economic Incompetence....SAME OLD TORIES...WHAT ABOUT ARCHER....JEFFREY (not Peter)Got a CRIMINAL CONVICTION...still a Lord...PRICELESS!Mon, 06 Feb 2012 09:48:23 -0600Lord Lawson justifies it by saying,Every headmaster understands the need to make an exampleFFSWe are talking about billions of pounds being lost.Either investigate it properly and take appropriate action, or shut up."Make an example" ??what drivel tohttps://community.betfair.com/politics/go/thread/view/94150/28898445/more-bankers-to-lose-knighthoods?post_id=516013023#516013023Lord Lawson justifies it by saying,Every headmaster understands the need to make an exampleFFSWe are talking about billions of pounds being lost.Either investigate it properly and take appropriate action, or shut up."Make an example" ??what drivel toMon, 06 Feb 2012 08:22:08 -0600will brown be allowed to take a peerage for his services to UK gold reserveshttps://community.betfair.com/politics/go/thread/view/94150/28898445/more-bankers-to-lose-knighthoods?post_id=515975417#515975417will brown be allowed to take a peerage for his services to UK gold reservesSun, 05 Feb 2012 09:10:14 -0600totally agree. bashing bankers generates headlines and may win cheap votes. out of control govt spending in uk and elsewhere the no1 issuehttps://community.betfair.com/politics/go/thread/view/94150/28898445/more-bankers-to-lose-knighthoods?post_id=515974813#515974813totally agree. bashing bankers generates headlines and may win cheap votes. out of control govt spending in uk and elsewhere the no1 issueSun, 05 Feb 2012 08:51:22 -0600Spot on mr e. its about time some punitive measures were taken against the politicians & regulators who let it all happen on their watch too, they lauded & positively encouraged the likes of Goodwin to believe they were untouchablehttps://community.betfair.com/politics/go/thread/view/94150/28898445/more-bankers-to-lose-knighthoods?post_id=515968841#515968841Spot on mr e. its about time some punitive measures were taken against the politicians & regulators who let it all happen on their watch too, they lauded & positively encouraged the likes of Goodwin to believe they were untouchableSun, 05 Feb 2012 04:46:50 -0600Speculation is that other bankers may follow Fred.The ultimate in gesture politics. The invertebrates think they have found a way of appearing to do something decisive, while really doing next to FA.What does this achieve. Is it a punishment? Or a dehttps://community.betfair.com/politics/go/thread/view/94150/28898445/more-bankers-to-lose-knighthoods?post_id=515968185#515968185Speculation is that other bankers may follow Fred.The ultimate in gesture politics. The invertebrates think they have found a way of appearing to do something decisive, while really doing next to FA.What does this achieve. Is it a punishment? Or a deSun, 05 Feb 2012 04:14:39 -0600