Tony Posted December 30, 2011 Share Posted December 30, 2011 Just which legal mechanism are you thinking of there? Maoism? Incidentally, Vickers was commissioned by the previous government. The current government is accepting its recommendations as written. You could either read up on it if you want to join in with an adult discourse on the topic, or join in my thread elsewhere if you need your hand holding. Link to comment Share on other sites More sharing options...
green Posted December 30, 2011 Share Posted December 30, 2011 And the Torys would have done what differently? And what harsh regulations are they imposing now? Who knows what the Tories would have done. They were not in Govt at the time so we will never know. Its highly likely they would have bailed them, but id bet a weeks pay that the BBC etc would have given them a much harder time than they did Brown, and some tough regulation would have been put in place. Would Fred the Shred have come away with his pension? Who knows? The Tories in power would have been battered for bailing their so called friends, the elite. Labour did it and no one batted an eyelid. Link to comment Share on other sites More sharing options...
wednesday1 Posted December 31, 2011 Author Share Posted December 31, 2011 Who knows what the Tories would have done. They were not in Govt at the time so we will never know. Its highly likely they would have bailed them, but id bet a weeks pay that the BBC etc would have given them a much harder time than they did Brown, and some tough regulation would have been put in place. Would Fred the Shred have come away with his pension? Who knows? The Tories in power would have been battered for bailing their so called friends, the elite. Labour did it and no one batted an eyelid. Bescause people know that they had the NATIONAL INTEREST at heart. Link to comment Share on other sites More sharing options...
green Posted December 31, 2011 Share Posted December 31, 2011 Bescause people know that they had the NATIONAL INTEREST at heart. Where was the National Interest in bailing out failed insolvent parasite businesses? What good has it done for you or me? Look at the cuts and deficit this situation has left us in. Where is this National Interest? Wednesday you really need to take those rose tainted glasses off and realise Labour has not and will not be our savour. Link to comment Share on other sites More sharing options...
I1L2T3 Posted December 31, 2011 Share Posted December 31, 2011 Where was the National Interest in bailing out failed insolvent parasite businesses? What good has it done for you or me? Look at the cuts and deficit this situation has left us in. Where is this National Interest? Wednesday you really need to take those rose tainted glasses off and realise Labour has not and will not be our savour. Labour basically had a loaded gun pointed at their head. The threat was that within hours ATMs would run out of cash and the shutters would be coming down at the major banks. It is fair to say that they could have put more stringent controls on bailed-out banks but I don't think anybody really understood the complete breakdown in banking morals and ethics, that months later banks would be using the bailout money to fund record bonuses. But hindsight is a great thing. Anyway, the Coalition will get to experience the same loaded gun soon enough. How do you think they will cope? Which banks will they throw to the wall? I think we all know what will happen - would you kill your sugar daddy? Link to comment Share on other sites More sharing options...
Mecky Posted December 31, 2011 Share Posted December 31, 2011 And the Torys would have done what differently? And what harsh regulations are they imposing now? Not to mention who deregulated the banking industry in the first place Link to comment Share on other sites More sharing options...
Tony Posted December 31, 2011 Share Posted December 31, 2011 Anyway, the Coalition will get to experience the same loaded gun soon enough. How do you think they will cope? Which banks will they throw to the wall? I think we all know what will happen - would you kill your sugar daddy? Do keep up, the Vickers report tells you exactly what is going to happen, hopefully before the gun is even loaded - the reversing of what was done by labour. Link to comment Share on other sites More sharing options...
Mecky Posted December 31, 2011 Share Posted December 31, 2011 Do keep up, the Vickers report tells you exactly what is going to happen, hopefully before the gun is even loaded - the reversing of what was done by labour. That's quite possibly the most idiotic comment made by anyone, ever! Link to comment Share on other sites More sharing options...
spooky3 Posted December 31, 2011 Share Posted December 31, 2011 That's quite possibly the most idiotic comment made by anyone, ever! Explain why you think that? Have you read it? Do you understand it? Link to comment Share on other sites More sharing options...
spooky3 Posted December 31, 2011 Share Posted December 31, 2011 Bescause people know that they had the NATIONAL INTEREST at heart. So you're never going to moan about the bankers then! Link to comment Share on other sites More sharing options...
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