How can council fight cuts?

Southampton City Council leader Simon Letts

Southampton City Council leader Simon Letts

First published in Readers' Letters

KEITH Morrell and Don Thomas, independent ‘Against the Cuts’ councillors of Coxford ward, keep on telling us that Southampton City Council should “fight the cuts”.

These are very brave words but what do they actually mean? Perhaps these councillors could tell us how a city council can fight the cuts when the coalition Government is cutting its grants to local authorities?

PAUL THOMSON, Southampton.

Comments (30)

Please log in to enable comment sorting

7:20pm Tue 2 Sep 14

FoysCornerBoy says...

I recently e-mailed the chief executives of all the major high street banks operating in the city requesting that - as they were primarily responsible for the current crisis, have been baled out by the British taxpayer and can still afford to pay their senior executives handsome bonuses - they make a contribution to the cuts being imposed by the coalition government on the City Council.

I haven't had a reply yet. Given the miracles that they claim they can perform I wonder if Keith and Don could lend some weight to my campaign.
I recently e-mailed the chief executives of all the major high street banks operating in the city requesting that - as they were primarily responsible for the current crisis, have been baled out by the British taxpayer and can still afford to pay their senior executives handsome bonuses - they make a contribution to the cuts being imposed by the coalition government on the City Council. I haven't had a reply yet. Given the miracles that they claim they can perform I wonder if Keith and Don could lend some weight to my campaign. FoysCornerBoy
  • Score: 6

9:10pm Tue 2 Sep 14

loosehead says...

Let's get it right shall we.Labour has never ever said there wouldn't be any cuts what they did say is they'd borrow more money to buy jobs & it would take for our children's children's time before we pay off the debt.
the coalition said we'd hit the ground running get the debt paid off as soon as possible & the country would live within it's means or in other words with out borrowing any more money.
now both these councillors were part of the Labour Party that said that & they also fought to get Labour in already knowing the cuts Labour had planned so why did they jump ship?
Let's get it right shall we.Labour has never ever said there wouldn't be any cuts what they did say is they'd borrow more money to buy jobs & it would take for our children's children's time before we pay off the debt. the coalition said we'd hit the ground running get the debt paid off as soon as possible & the country would live within it's means or in other words with out borrowing any more money. now both these councillors were part of the Labour Party that said that & they also fought to get Labour in already knowing the cuts Labour had planned so why did they jump ship? loosehead
  • Score: -4

9:12pm Tue 2 Sep 14

loosehead says...

FoysCornerBoy wrote:
I recently e-mailed the chief executives of all the major high street banks operating in the city requesting that - as they were primarily responsible for the current crisis, have been baled out by the British taxpayer and can still afford to pay their senior executives handsome bonuses - they make a contribution to the cuts being imposed by the coalition government on the City Council.

I haven't had a reply yet. Given the miracles that they claim they can perform I wonder if Keith and Don could lend some weight to my campaign.
Really? so exactly how much did we spend to bail out the banks? how much debt did we have at the end of the Labour Government?
Are you going to write to the then Labour Cabinet to pay off the rest of that debt?
[quote][p][bold]FoysCornerBoy[/bold] wrote: I recently e-mailed the chief executives of all the major high street banks operating in the city requesting that - as they were primarily responsible for the current crisis, have been baled out by the British taxpayer and can still afford to pay their senior executives handsome bonuses - they make a contribution to the cuts being imposed by the coalition government on the City Council. I haven't had a reply yet. Given the miracles that they claim they can perform I wonder if Keith and Don could lend some weight to my campaign.[/p][/quote]Really? so exactly how much did we spend to bail out the banks? how much debt did we have at the end of the Labour Government? Are you going to write to the then Labour Cabinet to pay off the rest of that debt? loosehead
  • Score: -5

7:14am Wed 3 Sep 14

aldermoorboy says...

Excellent posts Loosehead.
Excellent posts Loosehead. aldermoorboy
  • Score: -8

9:50am Wed 3 Sep 14

Linesman says...

loosehead wrote:
FoysCornerBoy wrote:
I recently e-mailed the chief executives of all the major high street banks operating in the city requesting that - as they were primarily responsible for the current crisis, have been baled out by the British taxpayer and can still afford to pay their senior executives handsome bonuses - they make a contribution to the cuts being imposed by the coalition government on the City Council.

I haven't had a reply yet. Given the miracles that they claim they can perform I wonder if Keith and Don could lend some weight to my campaign.
Really? so exactly how much did we spend to bail out the banks? how much debt did we have at the end of the Labour Government?
Are you going to write to the then Labour Cabinet to pay off the rest of that debt?
What do you think (and in your case, asking you to think is pretty poitless) would have happened if the Labour Government had NOT bailed out the banks, building societies and local authorities that had invested in Icelandic banks?

What alternative policy did your beloved Tories propose at the time?

As the banks Needed to be bailed out by the government, because they had screwed up 'big time', how do YOU justify the massive bonuses paid the people who 'screwed up'?

I doubt that you will address any of these questions, but be content to introduce us to all the Red Herrings that you have caught.
[quote][p][bold]loosehead[/bold] wrote: [quote][p][bold]FoysCornerBoy[/bold] wrote: I recently e-mailed the chief executives of all the major high street banks operating in the city requesting that - as they were primarily responsible for the current crisis, have been baled out by the British taxpayer and can still afford to pay their senior executives handsome bonuses - they make a contribution to the cuts being imposed by the coalition government on the City Council. I haven't had a reply yet. Given the miracles that they claim they can perform I wonder if Keith and Don could lend some weight to my campaign.[/p][/quote]Really? so exactly how much did we spend to bail out the banks? how much debt did we have at the end of the Labour Government? Are you going to write to the then Labour Cabinet to pay off the rest of that debt?[/p][/quote]What do you think (and in your case, asking you to think is pretty poitless) would have happened if the Labour Government had NOT bailed out the banks, building societies and local authorities that had invested in Icelandic banks? What alternative policy did your beloved Tories propose at the time? As the banks Needed to be bailed out by the government, because they had screwed up 'big time', how do YOU justify the massive bonuses paid the people who 'screwed up'? I doubt that you will address any of these questions, but be content to introduce us to all the Red Herrings that you have caught. Linesman
  • Score: 0

11:40am Wed 3 Sep 14

aldermoorboy says...

Many think the banks should have gone bust.

Who was in charge when this crises happened, surprise it was Labour, they cannot handle finance.

Labour spend and waste, but many of their MP's have done ok.

Stop the insults Linesman it does you no credit.
Many think the banks should have gone bust. Who was in charge when this crises happened, surprise it was Labour, they cannot handle finance. Labour spend and waste, but many of their MP's have done ok. Stop the insults Linesman it does you no credit. aldermoorboy
  • Score: -2

11:59am Wed 3 Sep 14

Lone Ranger. says...

aldermoorboy wrote:
Many think the banks should have gone bust.

Who was in charge when this crises happened, surprise it was Labour, they cannot handle finance.

Labour spend and waste, but many of their MP's have done ok.

Stop the insults Linesman it does you no credit.
What a ridiculous answer ...... do you have NO idea at all ???
.
I can believe that someone with average intellegence could come up with such a response .......
.
Who was it that thought that the banks should go bust then ? ...... I would love to know as i cant believe it was any sane person
[quote][p][bold]aldermoorboy[/bold] wrote: Many think the banks should have gone bust. Who was in charge when this crises happened, surprise it was Labour, they cannot handle finance. Labour spend and waste, but many of their MP's have done ok. Stop the insults Linesman it does you no credit.[/p][/quote]What a ridiculous answer ...... do you have NO idea at all ??? . I can believe that someone with average intellegence could come up with such a response ....... . Who was it that thought that the banks should go bust then ? ...... I would love to know as i cant believe it was any sane person Lone Ranger.
  • Score: 2

9:05pm Wed 3 Sep 14

loosehead says...

Linesman wrote:
loosehead wrote:
FoysCornerBoy wrote:
I recently e-mailed the chief executives of all the major high street banks operating in the city requesting that - as they were primarily responsible for the current crisis, have been baled out by the British taxpayer and can still afford to pay their senior executives handsome bonuses - they make a contribution to the cuts being imposed by the coalition government on the City Council.

I haven't had a reply yet. Given the miracles that they claim they can perform I wonder if Keith and Don could lend some weight to my campaign.
Really? so exactly how much did we spend to bail out the banks? how much debt did we have at the end of the Labour Government?
Are you going to write to the then Labour Cabinet to pay off the rest of that debt?
What do you think (and in your case, asking you to think is pretty poitless) would have happened if the Labour Government had NOT bailed out the banks, building societies and local authorities that had invested in Icelandic banks?

What alternative policy did your beloved Tories propose at the time?

As the banks Needed to be bailed out by the government, because they had screwed up 'big time', how do YOU justify the massive bonuses paid the people who 'screwed up'?

I doubt that you will address any of these questions, but be content to introduce us to all the Red Herrings that you have caught.
I have no objections to the way Labour bailed out the banks but to try to say that was the only debt Labour accrued whilst they were in power was a Lie.
Come on Brains of Britain how much did cost us to bail out the banks? how much debt were we in with out the bail out money?
You can all put thumbs down to me & Aldermmorboy but it's now open knowledge the actual debt Labour left us in whilst buying votes.
[quote][p][bold]Linesman[/bold] wrote: [quote][p][bold]loosehead[/bold] wrote: [quote][p][bold]FoysCornerBoy[/bold] wrote: I recently e-mailed the chief executives of all the major high street banks operating in the city requesting that - as they were primarily responsible for the current crisis, have been baled out by the British taxpayer and can still afford to pay their senior executives handsome bonuses - they make a contribution to the cuts being imposed by the coalition government on the City Council. I haven't had a reply yet. Given the miracles that they claim they can perform I wonder if Keith and Don could lend some weight to my campaign.[/p][/quote]Really? so exactly how much did we spend to bail out the banks? how much debt did we have at the end of the Labour Government? Are you going to write to the then Labour Cabinet to pay off the rest of that debt?[/p][/quote]What do you think (and in your case, asking you to think is pretty poitless) would have happened if the Labour Government had NOT bailed out the banks, building societies and local authorities that had invested in Icelandic banks? What alternative policy did your beloved Tories propose at the time? As the banks Needed to be bailed out by the government, because they had screwed up 'big time', how do YOU justify the massive bonuses paid the people who 'screwed up'? I doubt that you will address any of these questions, but be content to introduce us to all the Red Herrings that you have caught.[/p][/quote]I have no objections to the way Labour bailed out the banks but to try to say that was the only debt Labour accrued whilst they were in power was a Lie. Come on Brains of Britain how much did cost us to bail out the banks? how much debt were we in with out the bail out money? You can all put thumbs down to me & Aldermmorboy but it's now open knowledge the actual debt Labour left us in whilst buying votes. loosehead
  • Score: 0

9:15pm Wed 3 Sep 14

loosehead says...

So the countries debt was a Trillion pound? how much was the bank bail out?
All parties agreed the bail out had to happen but with the SNP saying they won't pay their part of the debt should we have let RBS go bankrupt?
With all the jobs involved No we shouldn't but my answer had nothing to do with bailing out the banks & if Linesman can only reply with that rubbish it shows he's losing the plot again.
Labour his party the party he's a member of have said it publicly they would have cuts but would also borrow more so that debt wouldn't be paid off in our live time but in our grandchildrens.
the cuts would continue until our grandchildrens adulthood so why does Linesman bang on about the bank bail out?
We can take our medicine pull in our belts see more jobs than at any other time then see our country living with in it's means all in the space of 5-10 years or we can live with the cuts for generations those are the two choices.
So the countries debt was a Trillion pound? how much was the bank bail out? All parties agreed the bail out had to happen but with the SNP saying they won't pay their part of the debt should we have let RBS go bankrupt? With all the jobs involved No we shouldn't but my answer had nothing to do with bailing out the banks & if Linesman can only reply with that rubbish it shows he's losing the plot again. Labour his party the party he's a member of have said it publicly they would have cuts but would also borrow more so that debt wouldn't be paid off in our live time but in our grandchildrens. the cuts would continue until our grandchildrens adulthood so why does Linesman bang on about the bank bail out? We can take our medicine pull in our belts see more jobs than at any other time then see our country living with in it's means all in the space of 5-10 years or we can live with the cuts for generations those are the two choices. loosehead
  • Score: -1

11:08pm Wed 3 Sep 14

Linesman says...

loosehead wrote:
Linesman wrote:
loosehead wrote:
FoysCornerBoy wrote:
I recently e-mailed the chief executives of all the major high street banks operating in the city requesting that - as they were primarily responsible for the current crisis, have been baled out by the British taxpayer and can still afford to pay their senior executives handsome bonuses - they make a contribution to the cuts being imposed by the coalition government on the City Council.

I haven't had a reply yet. Given the miracles that they claim they can perform I wonder if Keith and Don could lend some weight to my campaign.
Really? so exactly how much did we spend to bail out the banks? how much debt did we have at the end of the Labour Government?
Are you going to write to the then Labour Cabinet to pay off the rest of that debt?
What do you think (and in your case, asking you to think is pretty poitless) would have happened if the Labour Government had NOT bailed out the banks, building societies and local authorities that had invested in Icelandic banks?

What alternative policy did your beloved Tories propose at the time?

As the banks Needed to be bailed out by the government, because they had screwed up 'big time', how do YOU justify the massive bonuses paid the people who 'screwed up'?

I doubt that you will address any of these questions, but be content to introduce us to all the Red Herrings that you have caught.
I have no objections to the way Labour bailed out the banks but to try to say that was the only debt Labour accrued whilst they were in power was a Lie.
Come on Brains of Britain how much did cost us to bail out the banks? how much debt were we in with out the bail out money?
You can all put thumbs down to me & Aldermmorboy but it's now open knowledge the actual debt Labour left us in whilst buying votes.
I am heartened to know that you have no objections to the way Labour bailed out the banks. I will be able to sleep soundly in my bed with an endorsement like that.

For a start, when Labour gained power, it inherited debt, thanks to the inancially incompeten Tory chancellors. Does 'Exchange Rate Mechanism' ring any bells in your memory?

"By now it it's open knowledge the actual debt Labour left us in whilst buying votes."

OK! Please tell!

When you have done so, please explain how, when Cameron & Co were so strapped financially, they were able to make a massive loan to help bail out the Irish Republic.

Do not give your regular bull shine about them being good trading partners etc

IF THE CUPBOARD IS BARE WHERE DO YOU FIND THE MONEY?

The answer?

YOU BORROW IT AND INCREASE THE DEBT THAT YOU CLAIM THAT YOU ARE WORKING HARD TO REDUCE.
[quote][p][bold]loosehead[/bold] wrote: [quote][p][bold]Linesman[/bold] wrote: [quote][p][bold]loosehead[/bold] wrote: [quote][p][bold]FoysCornerBoy[/bold] wrote: I recently e-mailed the chief executives of all the major high street banks operating in the city requesting that - as they were primarily responsible for the current crisis, have been baled out by the British taxpayer and can still afford to pay their senior executives handsome bonuses - they make a contribution to the cuts being imposed by the coalition government on the City Council. I haven't had a reply yet. Given the miracles that they claim they can perform I wonder if Keith and Don could lend some weight to my campaign.[/p][/quote]Really? so exactly how much did we spend to bail out the banks? how much debt did we have at the end of the Labour Government? Are you going to write to the then Labour Cabinet to pay off the rest of that debt?[/p][/quote]What do you think (and in your case, asking you to think is pretty poitless) would have happened if the Labour Government had NOT bailed out the banks, building societies and local authorities that had invested in Icelandic banks? What alternative policy did your beloved Tories propose at the time? As the banks Needed to be bailed out by the government, because they had screwed up 'big time', how do YOU justify the massive bonuses paid the people who 'screwed up'? I doubt that you will address any of these questions, but be content to introduce us to all the Red Herrings that you have caught.[/p][/quote]I have no objections to the way Labour bailed out the banks but to try to say that was the only debt Labour accrued whilst they were in power was a Lie. Come on Brains of Britain how much did cost us to bail out the banks? how much debt were we in with out the bail out money? You can all put thumbs down to me & Aldermmorboy but it's now open knowledge the actual debt Labour left us in whilst buying votes.[/p][/quote]I am heartened to know that you have no objections to the way Labour bailed out the banks. I will be able to sleep soundly in my bed with an endorsement like that. For a start, when Labour gained power, it inherited debt, thanks to the inancially incompeten Tory chancellors. Does 'Exchange Rate Mechanism' ring any bells in your memory? "By now it it's open knowledge the actual debt Labour left us in whilst buying votes." OK! Please tell! When you have done so, please explain how, when Cameron & Co were so strapped financially, they were able to make a massive loan to help bail out the Irish Republic. Do not give your regular bull shine about them being good trading partners etc IF THE CUPBOARD IS BARE WHERE DO YOU FIND THE MONEY? The answer? YOU BORROW IT AND INCREASE THE DEBT THAT YOU CLAIM THAT YOU ARE WORKING HARD TO REDUCE. Linesman
  • Score: -1

6:56am Thu 4 Sep 14

loosehead says...

Again Linesman comes up with the same boring argument about the money we lent/gave Ireland yet he seems to forget I've answered that question many times.
To help remind him the Irish Bank owes billions to our banks so if it & Ireland default we suffer.
Cameron & Osbourne put into place money saving measures as soon as they took over & used some of that money to ensure we never had another banking crisis straight away.
Would Linesman have been happy if we had a bank crash? Isn't Linesman being a hypocrite to say Labours banking bail out was right yet saying this governments measures to avert another crisis was wrong?
Again Linesman comes up with the same boring argument about the money we lent/gave Ireland yet he seems to forget I've answered that question many times. To help remind him the Irish Bank owes billions to our banks so if it & Ireland default we suffer. Cameron & Osbourne put into place money saving measures as soon as they took over & used some of that money to ensure we never had another banking crisis straight away. Would Linesman have been happy if we had a bank crash? Isn't Linesman being a hypocrite to say Labours banking bail out was right yet saying this governments measures to avert another crisis was wrong? loosehead
  • Score: -1

9:17am Thu 4 Sep 14

Linesman says...

loosehead wrote:
Again Linesman comes up with the same boring argument about the money we lent/gave Ireland yet he seems to forget I've answered that question many times.
To help remind him the Irish Bank owes billions to our banks so if it & Ireland default we suffer.
Cameron & Osbourne put into place money saving measures as soon as they took over & used some of that money to ensure we never had another banking crisis straight away.
Would Linesman have been happy if we had a bank crash? Isn't Linesman being a hypocrite to say Labours banking bail out was right yet saying this governments measures to avert another crisis was wrong?
loosehead.
You appear to thnk yourself some expert, but in virtually every post on practically every subject that you make a comment on, you prove that your knowledge is sadly lacking.

For example. You claimed that you had visited Exton in the New Forest, when it is nowhere near that area

You claim that Dibden Bay is not in the New Forest, because it has not got any trees, but when asked what constituency it is in, and which MP represents that area, you avoid answering.

You regaled us with grandiose plans about a move to Liverpool, and the first thing you do is quit your allotment. I even offered some advice rearding that move, which you thanked me for. What happened next?

YOU DISCOVERED THAT YOUR WIFE DID NOT WANT TO MOVE TO LIVERPOOL.

Consultation with your partner/members of the famility would be the obvious first thing that any sensible person would do, but not you.

No wonder you are uemployed.
[quote][p][bold]loosehead[/bold] wrote: Again Linesman comes up with the same boring argument about the money we lent/gave Ireland yet he seems to forget I've answered that question many times. To help remind him the Irish Bank owes billions to our banks so if it & Ireland default we suffer. Cameron & Osbourne put into place money saving measures as soon as they took over & used some of that money to ensure we never had another banking crisis straight away. Would Linesman have been happy if we had a bank crash? Isn't Linesman being a hypocrite to say Labours banking bail out was right yet saying this governments measures to avert another crisis was wrong?[/p][/quote]loosehead. You appear to thnk yourself some expert, but in virtually every post on practically every subject that you make a comment on, you prove that your knowledge is sadly lacking. For example. You claimed that you had visited Exton in the New Forest, when it is nowhere near that area You claim that Dibden Bay is not in the New Forest, because it has not got any trees, but when asked what constituency it is in, and which MP represents that area, you avoid answering. You regaled us with grandiose plans about a move to Liverpool, and the first thing you do is quit your allotment. I even offered some advice rearding that move, which you thanked me for. What happened next? YOU DISCOVERED THAT YOUR WIFE DID NOT WANT TO MOVE TO LIVERPOOL. Consultation with your partner/members of the famility would be the obvious first thing that any sensible person would do, but not you. No wonder you are uemployed. Linesman
  • Score: 0

12:14pm Thu 4 Sep 14

Linesman says...

loosehead wrote:
Again Linesman comes up with the same boring argument about the money we lent/gave Ireland yet he seems to forget I've answered that question many times.
To help remind him the Irish Bank owes billions to our banks so if it & Ireland default we suffer.
Cameron & Osbourne put into place money saving measures as soon as they took over & used some of that money to ensure we never had another banking crisis straight away.
Would Linesman have been happy if we had a bank crash? Isn't Linesman being a hypocrite to say Labours banking bail out was right yet saying this governments measures to avert another crisis was wrong?
You consistently avoid answering the question.

IF, AS YOU CLAIM, THE FINANCIAL CUPBOARD WAS BARE WHEN CAMERON TOOK OVER, HOW WAS HE ABLE TO MAKE A MASSIVE LOAN TO THE IRISH REPUBLIC IF WE WERE 'SKINT', 'BROKE', 'BORACIC LINT', 'WITHOUT FUNDS', 'NO FUNDS'.

You have given me Your REASON why you think the loan was made, but you have avoided explaining where the money came from that enabled the loan to be made.

You say, "Cameron & Osbourne put into place money saving measures as soon as the took over & used some of that money to ensure we never had another banking crisis straight away."

That does NOT explain were the money came from to lend to the Irish after just a few weeks in power.

If you think that IS the reason, and they were so brilliant with their financial expertise, perhaps you could explain why they ares STILL making cuts to grants that is resulting in cuts to services, and reducing the standard of living for many people.

As you have avoided the basic question that I have put to you on many occasions, it makes me wonder why.

Is it because you have a problem with your comprehension of the English language?

Is it because you have not got the faintest idea?

Is it because you are so politically blinkered that you refuse to acknowledge the logic of the question?

There must be a reason.
[quote][p][bold]loosehead[/bold] wrote: Again Linesman comes up with the same boring argument about the money we lent/gave Ireland yet he seems to forget I've answered that question many times. To help remind him the Irish Bank owes billions to our banks so if it & Ireland default we suffer. Cameron & Osbourne put into place money saving measures as soon as they took over & used some of that money to ensure we never had another banking crisis straight away. Would Linesman have been happy if we had a bank crash? Isn't Linesman being a hypocrite to say Labours banking bail out was right yet saying this governments measures to avert another crisis was wrong?[/p][/quote]You consistently avoid answering the question. IF, AS YOU CLAIM, THE FINANCIAL CUPBOARD WAS BARE WHEN CAMERON TOOK OVER, HOW WAS HE ABLE TO MAKE A MASSIVE LOAN TO THE IRISH REPUBLIC IF WE WERE 'SKINT', 'BROKE', 'BORACIC LINT', 'WITHOUT FUNDS', 'NO FUNDS'. You have given me Your REASON why you think the loan was made, but you have avoided explaining where the money came from that enabled the loan to be made. You say, "Cameron & Osbourne put into place money saving measures as soon as the took over & used some of that money to ensure we never had another banking crisis straight away." That does NOT explain were the money came from to lend to the Irish after just a few weeks in power. If you think that IS the reason, and they were so brilliant with their financial expertise, perhaps you could explain why they ares STILL making cuts to grants that is resulting in cuts to services, and reducing the standard of living for many people. As you have avoided the basic question that I have put to you on many occasions, it makes me wonder why. Is it because you have a problem with your comprehension of the English language? Is it because you have not got the faintest idea? Is it because you are so politically blinkered that you refuse to acknowledge the logic of the question? There must be a reason. Linesman
  • Score: 0

9:30am Fri 5 Sep 14

Lone Ranger. says...

Lone Ranger. wrote:
aldermoorboy wrote:
Many think the banks should have gone bust.

Who was in charge when this crises happened, surprise it was Labour, they cannot handle finance.

Labour spend and waste, but many of their MP's have done ok.

Stop the insults Linesman it does you no credit.
What a ridiculous answer ...... do you have NO idea at all ???
.
I can believe that someone with average intellegence could come up with such a response .......
.
Who was it that thought that the banks should go bust then ? ...... I would love to know as i cant believe it was any sane person
I am still waiting from aldermoorboy to tell us who the "many" were that thought the banks should have gone bust .....
.
Come on adermoor .... lets have a few answers ..... but perhaps you made that up did you ?????
[quote][p][bold]Lone Ranger.[/bold] wrote: [quote][p][bold]aldermoorboy[/bold] wrote: Many think the banks should have gone bust. Who was in charge when this crises happened, surprise it was Labour, they cannot handle finance. Labour spend and waste, but many of their MP's have done ok. Stop the insults Linesman it does you no credit.[/p][/quote]What a ridiculous answer ...... do you have NO idea at all ??? . I can believe that someone with average intellegence could come up with such a response ....... . Who was it that thought that the banks should go bust then ? ...... I would love to know as i cant believe it was any sane person[/p][/quote]I am still waiting from aldermoorboy to tell us who the "many" were that thought the banks should have gone bust ..... . Come on adermoor .... lets have a few answers ..... but perhaps you made that up did you ????? Lone Ranger.
  • Score: 1

3:14pm Fri 5 Sep 14

Linesman says...

Looks as if aldermoorboy aka loosehead, has taken a sabatical.
Looks as if aldermoorboy aka loosehead, has taken a sabatical. Linesman
  • Score: 0

7:18am Sat 6 Sep 14

loosehead says...

Linesman you were a teacher yes? so try subtracting £100billion from £1 trillion then tell me how Labour amassed that debt?
Linesman you were a teacher yes? so try subtracting £100billion from £1 trillion then tell me how Labour amassed that debt? loosehead
  • Score: 0

8:32am Sat 6 Sep 14

Linesman says...

loosehead wrote:
Linesman you were a teacher yes? so try subtracting £100billion from £1 trillion then tell me how Labour amassed that debt?
IF THE COUNTRY WAS BROKE WHEN CAMERON CAME TO POWER, HOW WAS HE ABLE TO MAKE A MASSIVE LOAN TO THE IRISH REPUBLIC.

I AM NOT (R) NOT ASKING WHY, I AM ASKING HOW YOU CAN MAKE A MASSIVE LOAN WHEN YOU ARE CLAIMING YOU HAVE NO MONEY?

STOP DUCKING THE QUESTION AND GIVE ME AN ANSWER.
[quote][p][bold]loosehead[/bold] wrote: Linesman you were a teacher yes? so try subtracting £100billion from £1 trillion then tell me how Labour amassed that debt?[/p][/quote]IF THE COUNTRY WAS BROKE WHEN CAMERON CAME TO POWER, HOW WAS HE ABLE TO MAKE A MASSIVE LOAN TO THE IRISH REPUBLIC. I AM NOT (R) NOT ASKING WHY, I AM ASKING HOW YOU CAN MAKE A MASSIVE LOAN WHEN YOU ARE CLAIMING YOU HAVE NO MONEY? STOP DUCKING THE QUESTION AND GIVE ME AN ANSWER. Linesman
  • Score: 0

2:56pm Sat 6 Sep 14

nelson1 says...

How about NOT wasting £40 million (+ annual admin expenses) on art museums ??
How about NOT wasting £40 million (+ annual admin expenses) on art museums ?? nelson1
  • Score: -1

3:42pm Sat 6 Sep 14

loosehead says...

Linesman wrote:
loosehead wrote:
Linesman you were a teacher yes? so try subtracting £100billion from £1 trillion then tell me how Labour amassed that debt?
IF THE COUNTRY WAS BROKE WHEN CAMERON CAME TO POWER, HOW WAS HE ABLE TO MAKE A MASSIVE LOAN TO THE IRISH REPUBLIC.

I AM NOT (R) NOT ASKING WHY, I AM ASKING HOW YOU CAN MAKE A MASSIVE LOAN WHEN YOU ARE CLAIMING YOU HAVE NO MONEY?

STOP DUCKING THE QUESTION AND GIVE ME AN ANSWER.
I have told you by Osbornes brilliant financial moves we managed to save millions nearly straight away.
Are you saying we should have let Ireland go into default?
Are you saying we should have allowed another banking crisis?
as our own banks were so heavily invested in Ireland that's the result of Ireland going bust.
Still where did the money left over from the Trillion pound debt after the billion pound bail out go to?
Come on answer the question or are you again going to throw up the same question I've already answered?
[quote][p][bold]Linesman[/bold] wrote: [quote][p][bold]loosehead[/bold] wrote: Linesman you were a teacher yes? so try subtracting £100billion from £1 trillion then tell me how Labour amassed that debt?[/p][/quote]IF THE COUNTRY WAS BROKE WHEN CAMERON CAME TO POWER, HOW WAS HE ABLE TO MAKE A MASSIVE LOAN TO THE IRISH REPUBLIC. I AM NOT (R) NOT ASKING WHY, I AM ASKING HOW YOU CAN MAKE A MASSIVE LOAN WHEN YOU ARE CLAIMING YOU HAVE NO MONEY? STOP DUCKING THE QUESTION AND GIVE ME AN ANSWER.[/p][/quote]I have told you by Osbornes brilliant financial moves we managed to save millions nearly straight away. Are you saying we should have let Ireland go into default? Are you saying we should have allowed another banking crisis? as our own banks were so heavily invested in Ireland that's the result of Ireland going bust. Still where did the money left over from the Trillion pound debt after the billion pound bail out go to? Come on answer the question or are you again going to throw up the same question I've already answered? loosehead
  • Score: 1

5:03pm Sat 6 Sep 14

Linesman says...

loosehead wrote:
Linesman wrote:
loosehead wrote:
Linesman you were a teacher yes? so try subtracting £100billion from £1 trillion then tell me how Labour amassed that debt?
IF THE COUNTRY WAS BROKE WHEN CAMERON CAME TO POWER, HOW WAS HE ABLE TO MAKE A MASSIVE LOAN TO THE IRISH REPUBLIC.

I AM NOT (R) NOT ASKING WHY, I AM ASKING HOW YOU CAN MAKE A MASSIVE LOAN WHEN YOU ARE CLAIMING YOU HAVE NO MONEY?

STOP DUCKING THE QUESTION AND GIVE ME AN ANSWER.
I have told you by Osbornes brilliant financial moves we managed to save millions nearly straight away.
Are you saying we should have let Ireland go into default?
Are you saying we should have allowed another banking crisis?
as our own banks were so heavily invested in Ireland that's the result of Ireland going bust.
Still where did the money left over from the Trillion pound debt after the billion pound bail out go to?
Come on answer the question or are you again going to throw up the same question I've already answered?
If that is correct, and Osbourne saved millions nearly straight away.

1) Where did he get the millions in the first place so that he could save them and

2) If he saved millions nearly straight away, why have we suffered cuts for the whole time that he has been chancellor?

If, as you claim, our banks invested heavily in Irish Banks, then it was pointless the Labour government bailing the banks out, if these Tory incompetents are just sending it back to Ireland again.

You keep on about a Trillion pound debt, but where did the money go that the Tory government raised by selling off the nation's assets?

How much money did it cost the Tory Government with their incompetence over the ERM and the fiascot of Maestricht and Black Wednesday?

ThE Blair government took over a massive debt left by the Tories, so I assume that is the Trillion pound debt to which you refer.

The only 'throwing up' that I will be doing, is the throwing up at the thought of the money wasted in taxes to give you an education, and by your comments which inducate that you abused it.
[quote][p][bold]loosehead[/bold] wrote: [quote][p][bold]Linesman[/bold] wrote: [quote][p][bold]loosehead[/bold] wrote: Linesman you were a teacher yes? so try subtracting £100billion from £1 trillion then tell me how Labour amassed that debt?[/p][/quote]IF THE COUNTRY WAS BROKE WHEN CAMERON CAME TO POWER, HOW WAS HE ABLE TO MAKE A MASSIVE LOAN TO THE IRISH REPUBLIC. I AM NOT (R) NOT ASKING WHY, I AM ASKING HOW YOU CAN MAKE A MASSIVE LOAN WHEN YOU ARE CLAIMING YOU HAVE NO MONEY? STOP DUCKING THE QUESTION AND GIVE ME AN ANSWER.[/p][/quote]I have told you by Osbornes brilliant financial moves we managed to save millions nearly straight away. Are you saying we should have let Ireland go into default? Are you saying we should have allowed another banking crisis? as our own banks were so heavily invested in Ireland that's the result of Ireland going bust. Still where did the money left over from the Trillion pound debt after the billion pound bail out go to? Come on answer the question or are you again going to throw up the same question I've already answered?[/p][/quote]If that is correct, and Osbourne saved millions nearly straight away. 1) Where did he get the millions in the first place so that he could save them and 2) If he saved millions nearly straight away, why have we suffered cuts for the whole time that he has been chancellor? If, as you claim, our banks invested heavily in Irish Banks, then it was pointless the Labour government bailing the banks out, if these Tory incompetents are just sending it back to Ireland again. You keep on about a Trillion pound debt, but where did the money go that the Tory government raised by selling off the nation's assets? How much money did it cost the Tory Government with their incompetence over the ERM and the fiascot of Maestricht and Black Wednesday? ThE Blair government took over a massive debt left by the Tories, so I assume that is the Trillion pound debt to which you refer. The only 'throwing up' that I will be doing, is the throwing up at the thought of the money wasted in taxes to give you an education, and by your comments which inducate that you abused it. Linesman
  • Score: -1

10:20am Mon 8 Sep 14

Lone Ranger. says...

Lone Ranger. wrote:
Lone Ranger. wrote:
aldermoorboy wrote:
Many think the banks should have gone bust.

Who was in charge when this crises happened, surprise it was Labour, they cannot handle finance.

Labour spend and waste, but many of their MP's have done ok.

Stop the insults Linesman it does you no credit.
What a ridiculous answer ...... do you have NO idea at all ???
.
I can believe that someone with average intellegence could come up with such a response .......
.
Who was it that thought that the banks should go bust then ? ...... I would love to know as i cant believe it was any sane person
I am still waiting from aldermoorboy to tell us who the "many" were that thought the banks should have gone bust .....
.
Come on adermoor .... lets have a few answers ..... but perhaps you made that up did you ?????
Where are you aldermoor ...... You seem to have gone rather quiet on the subject all of a sudden.
.
I think its the THIRD time you have been caught out exagerating the truth, or telling porky pies, ....... not that i am counting of course !!!!
[quote][p][bold]Lone Ranger.[/bold] wrote: [quote][p][bold]Lone Ranger.[/bold] wrote: [quote][p][bold]aldermoorboy[/bold] wrote: Many think the banks should have gone bust. Who was in charge when this crises happened, surprise it was Labour, they cannot handle finance. Labour spend and waste, but many of their MP's have done ok. Stop the insults Linesman it does you no credit.[/p][/quote]What a ridiculous answer ...... do you have NO idea at all ??? . I can believe that someone with average intellegence could come up with such a response ....... . Who was it that thought that the banks should go bust then ? ...... I would love to know as i cant believe it was any sane person[/p][/quote]I am still waiting from aldermoorboy to tell us who the "many" were that thought the banks should have gone bust ..... . Come on adermoor .... lets have a few answers ..... but perhaps you made that up did you ?????[/p][/quote]Where are you aldermoor ...... You seem to have gone rather quiet on the subject all of a sudden. . I think its the THIRD time you have been caught out exagerating the truth, or telling porky pies, ....... not that i am counting of course !!!! Lone Ranger.
  • Score: 1

6:31pm Mon 8 Sep 14

Dan Soton says...

FoysCornerBoy wrote:
I recently e-mailed the chief executives of all the major high street banks operating in the city requesting that - as they were primarily responsible for the current crisis, have been baled out by the British taxpayer and can still afford to pay their senior executives handsome bonuses - they make a contribution to the cuts being imposed by the coalition government on the City Council.

I haven't had a reply yet. Given the miracles that they claim they can perform I wonder if Keith and Don could lend some weight to my campaign.
,

With the right financial advisers would Southampton be fighting cuts or making money ?.



FoysCornerBoy, agreed, Bank CEOs are responsible for the current crisis..

Although in my book.. the totally overlooked middle men (Independent financial advisers, IFA) are equally to blame...


Case in point.. The Iceland Banking Crisis


HUNDRED AND TWENTY THREE LOCAL AUTHORITIES LOST £ 1 BILLION WHEN THE ICELAND BANKS COLLAPSED.

Local authorities led by Kent County Council had been lured by financial consultants to place high stakes punts on Iceland with little regard for taxpayer losses on the downside.

The Chartered Institute for Public Finance and Accountancy struck off four council officers for 12 months for financial mismanagement. A handful of financial advisors gave advice that led to massive council losses. NONE HAVE BEEN PROSECUTED AND STILL WORK WITH THE SAME COUNCILS.

-

http://www.money-mar
ketuk.com/News/3601-
no-prosecutions-in-u
k-for-iceland-bankin
g-collapse.html


,,
[quote][p][bold]FoysCornerBoy[/bold] wrote: I recently e-mailed the chief executives of all the major high street banks operating in the city requesting that - as they were primarily responsible for the current crisis, have been baled out by the British taxpayer and can still afford to pay their senior executives handsome bonuses - they make a contribution to the cuts being imposed by the coalition government on the City Council. I haven't had a reply yet. Given the miracles that they claim they can perform I wonder if Keith and Don could lend some weight to my campaign.[/p][/quote], With the right financial advisers would Southampton be fighting cuts or making money ?. FoysCornerBoy, agreed, Bank CEOs are responsible for the current crisis.. Although in my book.. the totally overlooked middle men (Independent financial advisers, IFA) are equally to blame... Case in point.. The Iceland Banking Crisis HUNDRED AND TWENTY THREE LOCAL AUTHORITIES LOST £ 1 BILLION WHEN THE ICELAND BANKS COLLAPSED. Local authorities led by Kent County Council had been lured by financial consultants to place high stakes punts on Iceland with little regard for taxpayer losses on the downside. The Chartered Institute for Public Finance and Accountancy struck off four council officers for 12 months for financial mismanagement. A handful of financial advisors gave advice that led to massive council losses. NONE HAVE BEEN PROSECUTED AND STILL WORK WITH THE SAME COUNCILS. - http://www.money-mar ketuk.com/News/3601- no-prosecutions-in-u k-for-iceland-bankin g-collapse.html ,, Dan Soton
  • Score: 2

9:49pm Mon 8 Sep 14

Linesman says...

Dan Soton wrote:
FoysCornerBoy wrote:
I recently e-mailed the chief executives of all the major high street banks operating in the city requesting that - as they were primarily responsible for the current crisis, have been baled out by the British taxpayer and can still afford to pay their senior executives handsome bonuses - they make a contribution to the cuts being imposed by the coalition government on the City Council.

I haven't had a reply yet. Given the miracles that they claim they can perform I wonder if Keith and Don could lend some weight to my campaign.
,

With the right financial advisers would Southampton be fighting cuts or making money ?.



FoysCornerBoy, agreed, Bank CEOs are responsible for the current crisis..

Although in my book.. the totally overlooked middle men (Independent financial advisers, IFA) are equally to blame...


Case in point.. The Iceland Banking Crisis


HUNDRED AND TWENTY THREE LOCAL AUTHORITIES LOST £ 1 BILLION WHEN THE ICELAND BANKS COLLAPSED.

Local authorities led by Kent County Council had been lured by financial consultants to place high stakes punts on Iceland with little regard for taxpayer losses on the downside.

The Chartered Institute for Public Finance and Accountancy struck off four council officers for 12 months for financial mismanagement. A handful of financial advisors gave advice that led to massive council losses. NONE HAVE BEEN PROSECUTED AND STILL WORK WITH THE SAME COUNCILS.

-

http://www.money-mar

ketuk.com/News/3601-

no-prosecutions-in-u

k-for-iceland-bankin

g-collapse.html


,,
Icelanding Banks were, like British Banks, affected by the collapse of a couple of American Banks.

If those Local Authorities had been advised to invest in British Banks, the British Government would still have been bailing them out when they bailed out the British Banks.

The Icelandic Government either did not act as swiftly as the British Government, or were unable to do so at the time.

The financial advisors would have had no more idea of the catastrophe that was about to happen than any of Government's top financial advisors.
[quote][p][bold]Dan Soton[/bold] wrote: [quote][p][bold]FoysCornerBoy[/bold] wrote: I recently e-mailed the chief executives of all the major high street banks operating in the city requesting that - as they were primarily responsible for the current crisis, have been baled out by the British taxpayer and can still afford to pay their senior executives handsome bonuses - they make a contribution to the cuts being imposed by the coalition government on the City Council. I haven't had a reply yet. Given the miracles that they claim they can perform I wonder if Keith and Don could lend some weight to my campaign.[/p][/quote], With the right financial advisers would Southampton be fighting cuts or making money ?. FoysCornerBoy, agreed, Bank CEOs are responsible for the current crisis.. Although in my book.. the totally overlooked middle men (Independent financial advisers, IFA) are equally to blame... Case in point.. The Iceland Banking Crisis HUNDRED AND TWENTY THREE LOCAL AUTHORITIES LOST £ 1 BILLION WHEN THE ICELAND BANKS COLLAPSED. Local authorities led by Kent County Council had been lured by financial consultants to place high stakes punts on Iceland with little regard for taxpayer losses on the downside. The Chartered Institute for Public Finance and Accountancy struck off four council officers for 12 months for financial mismanagement. A handful of financial advisors gave advice that led to massive council losses. NONE HAVE BEEN PROSECUTED AND STILL WORK WITH THE SAME COUNCILS. - http://www.money-mar ketuk.com/News/3601- no-prosecutions-in-u k-for-iceland-bankin g-collapse.html ,,[/p][/quote]Icelanding Banks were, like British Banks, affected by the collapse of a couple of American Banks. If those Local Authorities had been advised to invest in British Banks, the British Government would still have been bailing them out when they bailed out the British Banks. The Icelandic Government either did not act as swiftly as the British Government, or were unable to do so at the time. The financial advisors would have had no more idea of the catastrophe that was about to happen than any of Government's top financial advisors. Linesman
  • Score: 0

1:23pm Tue 9 Sep 14

Dan Soton says...

Linesman wrote:
Dan Soton wrote:
FoysCornerBoy wrote:
I recently e-mailed the chief executives of all the major high street banks operating in the city requesting that - as they were primarily responsible for the current crisis, have been baled out by the British taxpayer and can still afford to pay their senior executives handsome bonuses - they make a contribution to the cuts being imposed by the coalition government on the City Council.

I haven't had a reply yet. Given the miracles that they claim they can perform I wonder if Keith and Don could lend some weight to my campaign.
,

With the right financial advisers would Southampton be fighting cuts or making money ?.



FoysCornerBoy, agreed, Bank CEOs are responsible for the current crisis..

Although in my book.. the totally overlooked middle men (Independent financial advisers, IFA) are equally to blame...


Case in point.. The Iceland Banking Crisis


HUNDRED AND TWENTY THREE LOCAL AUTHORITIES LOST £ 1 BILLION WHEN THE ICELAND BANKS COLLAPSED.

Local authorities led by Kent County Council had been lured by financial consultants to place high stakes punts on Iceland with little regard for taxpayer losses on the downside.

The Chartered Institute for Public Finance and Accountancy struck off four council officers for 12 months for financial mismanagement. A handful of financial advisors gave advice that led to massive council losses. NONE HAVE BEEN PROSECUTED AND STILL WORK WITH THE SAME COUNCILS.

-

http://www.money-mar


ketuk.com/News/3601-


no-prosecutions-in-u


k-for-iceland-bankin


g-collapse.html


,,
Icelanding Banks were, like British Banks, affected by the collapse of a couple of American Banks.

If those Local Authorities had been advised to invest in British Banks, the British Government would still have been bailing them out when they bailed out the British Banks.

The Icelandic Government either did not act as swiftly as the British Government, or were unable to do so at the time.

The financial advisors would have had no more idea of the catastrophe that was about to happen than any of Government's top financial advisors.
,,

Linesman says... Iceland's Banks were, like British Banks, affected by the collapse of a couple of American Banks


At that time Iceland's Banks (heading for disaster whatever) were offering investors 10% and more interest rates, you must of picked up a news paper in the noughties ( or did you sleepwalk through the hole thing ) and read the full page ads, they all read like Ponzi Scheme Scams to me... unbelievable


You say.. financial advisors would have had no more idea of the catastrophe that was about to happen than any of Government's top financial advisors?


Take Gordon Brown and his Sale (1999–2002) of the UK's gold reserves (like a triple AAA lunatic) just after he had taken time out to lecturer at Harvard University (in the United States) on a an imminent Western Banking Crises, his lecturer highlighted the ongoing Asian and Latin America financial crisis, calling for tougher regulations and an international early warning system to alert countries to developing crises in any part of the world...


Financial advisers and Gordon Brown had no idea yet Gordon sold UK's gold reserves and lectured on an imminent Western Banking Crises while Financial advisers added fuel to the impending crisis... unbelievable



Ref: List of World Banking Crises

http://en.wikipedia.
org/wiki/List_of_ban
king_crises




Banking Crises what Banking Crises.. What a joke



,,
[quote][p][bold]Linesman[/bold] wrote: [quote][p][bold]Dan Soton[/bold] wrote: [quote][p][bold]FoysCornerBoy[/bold] wrote: I recently e-mailed the chief executives of all the major high street banks operating in the city requesting that - as they were primarily responsible for the current crisis, have been baled out by the British taxpayer and can still afford to pay their senior executives handsome bonuses - they make a contribution to the cuts being imposed by the coalition government on the City Council. I haven't had a reply yet. Given the miracles that they claim they can perform I wonder if Keith and Don could lend some weight to my campaign.[/p][/quote], With the right financial advisers would Southampton be fighting cuts or making money ?. FoysCornerBoy, agreed, Bank CEOs are responsible for the current crisis.. Although in my book.. the totally overlooked middle men (Independent financial advisers, IFA) are equally to blame... Case in point.. The Iceland Banking Crisis HUNDRED AND TWENTY THREE LOCAL AUTHORITIES LOST £ 1 BILLION WHEN THE ICELAND BANKS COLLAPSED. Local authorities led by Kent County Council had been lured by financial consultants to place high stakes punts on Iceland with little regard for taxpayer losses on the downside. The Chartered Institute for Public Finance and Accountancy struck off four council officers for 12 months for financial mismanagement. A handful of financial advisors gave advice that led to massive council losses. NONE HAVE BEEN PROSECUTED AND STILL WORK WITH THE SAME COUNCILS. - http://www.money-mar ketuk.com/News/3601- no-prosecutions-in-u k-for-iceland-bankin g-collapse.html ,,[/p][/quote]Icelanding Banks were, like British Banks, affected by the collapse of a couple of American Banks. If those Local Authorities had been advised to invest in British Banks, the British Government would still have been bailing them out when they bailed out the British Banks. The Icelandic Government either did not act as swiftly as the British Government, or were unable to do so at the time. The financial advisors would have had no more idea of the catastrophe that was about to happen than any of Government's top financial advisors.[/p][/quote],, Linesman says... Iceland's Banks were, like British Banks, affected by the collapse of a couple of American Banks At that time Iceland's Banks (heading for disaster whatever) were offering investors 10% and more interest rates, you must of picked up a news paper in the noughties ( or did you sleepwalk through the hole thing ) and read the full page ads, they all read like Ponzi Scheme Scams to me... unbelievable You say.. financial advisors would have had no more idea of the catastrophe that was about to happen than any of Government's top financial advisors? Take Gordon Brown and his Sale (1999–2002) of the UK's gold reserves (like a triple AAA lunatic) just after he had taken time out to lecturer at Harvard University (in the United States) on a an imminent Western Banking Crises, his lecturer highlighted the ongoing Asian and Latin America financial crisis, calling for tougher regulations and an international early warning system to alert countries to developing crises in any part of the world... Financial advisers and Gordon Brown had no idea yet Gordon sold UK's gold reserves and lectured on an imminent Western Banking Crises while Financial advisers added fuel to the impending crisis... unbelievable Ref: List of World Banking Crises http://en.wikipedia. org/wiki/List_of_ban king_crises Banking Crises what Banking Crises.. What a joke ,, Dan Soton
  • Score: 1

3:33pm Tue 9 Sep 14

Linesman says...

Dan Soton wrote:
Linesman wrote:
Dan Soton wrote:
FoysCornerBoy wrote:
I recently e-mailed the chief executives of all the major high street banks operating in the city requesting that - as they were primarily responsible for the current crisis, have been baled out by the British taxpayer and can still afford to pay their senior executives handsome bonuses - they make a contribution to the cuts being imposed by the coalition government on the City Council.

I haven't had a reply yet. Given the miracles that they claim they can perform I wonder if Keith and Don could lend some weight to my campaign.
,

With the right financial advisers would Southampton be fighting cuts or making money ?.



FoysCornerBoy, agreed, Bank CEOs are responsible for the current crisis..

Although in my book.. the totally overlooked middle men (Independent financial advisers, IFA) are equally to blame...


Case in point.. The Iceland Banking Crisis


HUNDRED AND TWENTY THREE LOCAL AUTHORITIES LOST £ 1 BILLION WHEN THE ICELAND BANKS COLLAPSED.

Local authorities led by Kent County Council had been lured by financial consultants to place high stakes punts on Iceland with little regard for taxpayer losses on the downside.

The Chartered Institute for Public Finance and Accountancy struck off four council officers for 12 months for financial mismanagement. A handful of financial advisors gave advice that led to massive council losses. NONE HAVE BEEN PROSECUTED AND STILL WORK WITH THE SAME COUNCILS.

-

http://www.money-mar



ketuk.com/News/3601-



no-prosecutions-in-u



k-for-iceland-bankin



g-collapse.html


,,
Icelanding Banks were, like British Banks, affected by the collapse of a couple of American Banks.

If those Local Authorities had been advised to invest in British Banks, the British Government would still have been bailing them out when they bailed out the British Banks.

The Icelandic Government either did not act as swiftly as the British Government, or were unable to do so at the time.

The financial advisors would have had no more idea of the catastrophe that was about to happen than any of Government's top financial advisors.
,,

Linesman says... Iceland's Banks were, like British Banks, affected by the collapse of a couple of American Banks


At that time Iceland's Banks (heading for disaster whatever) were offering investors 10% and more interest rates, you must of picked up a news paper in the noughties ( or did you sleepwalk through the hole thing ) and read the full page ads, they all read like Ponzi Scheme Scams to me... unbelievable


You say.. financial advisors would have had no more idea of the catastrophe that was about to happen than any of Government's top financial advisors?


Take Gordon Brown and his Sale (1999–2002) of the UK's gold reserves (like a triple AAA lunatic) just after he had taken time out to lecturer at Harvard University (in the United States) on a an imminent Western Banking Crises, his lecturer highlighted the ongoing Asian and Latin America financial crisis, calling for tougher regulations and an international early warning system to alert countries to developing crises in any part of the world...


Financial advisers and Gordon Brown had no idea yet Gordon sold UK's gold reserves and lectured on an imminent Western Banking Crises while Financial advisers added fuel to the impending crisis... unbelievable



Ref: List of World Banking Crises

http://en.wikipedia.

org/wiki/List_of_ban

king_crises




Banking Crises what Banking Crises.. What a joke



,,
Various banks in various countries offered a variety of interest rates.

Icelandic Banks had, until the financial crisis that had its beginnings in America, had as good a record as any, and appeared secure.

Of course, after the collapse, and the domino effect, there were many very bright people who were extremely wise after the event, claiming that they were a damned sight more intelligent and financially aware than others, and would never have invested in various countries/banks, and claim that they could foresee the calamity that was about to happen, but strange as it may seem, no record can be found of the warnings that they claim to have made.
[quote][p][bold]Dan Soton[/bold] wrote: [quote][p][bold]Linesman[/bold] wrote: [quote][p][bold]Dan Soton[/bold] wrote: [quote][p][bold]FoysCornerBoy[/bold] wrote: I recently e-mailed the chief executives of all the major high street banks operating in the city requesting that - as they were primarily responsible for the current crisis, have been baled out by the British taxpayer and can still afford to pay their senior executives handsome bonuses - they make a contribution to the cuts being imposed by the coalition government on the City Council. I haven't had a reply yet. Given the miracles that they claim they can perform I wonder if Keith and Don could lend some weight to my campaign.[/p][/quote], With the right financial advisers would Southampton be fighting cuts or making money ?. FoysCornerBoy, agreed, Bank CEOs are responsible for the current crisis.. Although in my book.. the totally overlooked middle men (Independent financial advisers, IFA) are equally to blame... Case in point.. The Iceland Banking Crisis HUNDRED AND TWENTY THREE LOCAL AUTHORITIES LOST £ 1 BILLION WHEN THE ICELAND BANKS COLLAPSED. Local authorities led by Kent County Council had been lured by financial consultants to place high stakes punts on Iceland with little regard for taxpayer losses on the downside. The Chartered Institute for Public Finance and Accountancy struck off four council officers for 12 months for financial mismanagement. A handful of financial advisors gave advice that led to massive council losses. NONE HAVE BEEN PROSECUTED AND STILL WORK WITH THE SAME COUNCILS. - http://www.money-mar ketuk.com/News/3601- no-prosecutions-in-u k-for-iceland-bankin g-collapse.html ,,[/p][/quote]Icelanding Banks were, like British Banks, affected by the collapse of a couple of American Banks. If those Local Authorities had been advised to invest in British Banks, the British Government would still have been bailing them out when they bailed out the British Banks. The Icelandic Government either did not act as swiftly as the British Government, or were unable to do so at the time. The financial advisors would have had no more idea of the catastrophe that was about to happen than any of Government's top financial advisors.[/p][/quote],, Linesman says... Iceland's Banks were, like British Banks, affected by the collapse of a couple of American Banks At that time Iceland's Banks (heading for disaster whatever) were offering investors 10% and more interest rates, you must of picked up a news paper in the noughties ( or did you sleepwalk through the hole thing ) and read the full page ads, they all read like Ponzi Scheme Scams to me... unbelievable You say.. financial advisors would have had no more idea of the catastrophe that was about to happen than any of Government's top financial advisors? Take Gordon Brown and his Sale (1999–2002) of the UK's gold reserves (like a triple AAA lunatic) just after he had taken time out to lecturer at Harvard University (in the United States) on a an imminent Western Banking Crises, his lecturer highlighted the ongoing Asian and Latin America financial crisis, calling for tougher regulations and an international early warning system to alert countries to developing crises in any part of the world... Financial advisers and Gordon Brown had no idea yet Gordon sold UK's gold reserves and lectured on an imminent Western Banking Crises while Financial advisers added fuel to the impending crisis... unbelievable Ref: List of World Banking Crises http://en.wikipedia. org/wiki/List_of_ban king_crises Banking Crises what Banking Crises.. What a joke ,,[/p][/quote]Various banks in various countries offered a variety of interest rates. Icelandic Banks had, until the financial crisis that had its beginnings in America, had as good a record as any, and appeared secure. Of course, after the collapse, and the domino effect, there were many very bright people who were extremely wise after the event, claiming that they were a damned sight more intelligent and financially aware than others, and would never have invested in various countries/banks, and claim that they could foresee the calamity that was about to happen, but strange as it may seem, no record can be found of the warnings that they claim to have made. Linesman
  • Score: 1

12:31pm Wed 10 Sep 14

Dan Soton says...

Linesman wrote:
Dan Soton wrote:
Linesman wrote:
Dan Soton wrote:
FoysCornerBoy wrote:
I recently e-mailed the chief executives of all the major high street banks operating in the city requesting that - as they were primarily responsible for the current crisis, have been baled out by the British taxpayer and can still afford to pay their senior executives handsome bonuses - they make a contribution to the cuts being imposed by the coalition government on the City Council.

I haven't had a reply yet. Given the miracles that they claim they can perform I wonder if Keith and Don could lend some weight to my campaign.
,

With the right financial advisers would Southampton be fighting cuts or making money ?.



FoysCornerBoy, agreed, Bank CEOs are responsible for the current crisis..

Although in my book.. the totally overlooked middle men (Independent financial advisers, IFA) are equally to blame...


Case in point.. The Iceland Banking Crisis


HUNDRED AND TWENTY THREE LOCAL AUTHORITIES LOST £ 1 BILLION WHEN THE ICELAND BANKS COLLAPSED.

Local authorities led by Kent County Council had been lured by financial consultants to place high stakes punts on Iceland with little regard for taxpayer losses on the downside.

The Chartered Institute for Public Finance and Accountancy struck off four council officers for 12 months for financial mismanagement. A handful of financial advisors gave advice that led to massive council losses. NONE HAVE BEEN PROSECUTED AND STILL WORK WITH THE SAME COUNCILS.

-

http://www.money-mar




ketuk.com/News/3601-




no-prosecutions-in-u




k-for-iceland-bankin




g-collapse.html


,,
Icelanding Banks were, like British Banks, affected by the collapse of a couple of American Banks.

If those Local Authorities had been advised to invest in British Banks, the British Government would still have been bailing them out when they bailed out the British Banks.

The Icelandic Government either did not act as swiftly as the British Government, or were unable to do so at the time.

The financial advisors would have had no more idea of the catastrophe that was about to happen than any of Government's top financial advisors.
,,

Linesman says... Iceland's Banks were, like British Banks, affected by the collapse of a couple of American Banks


At that time Iceland's Banks (heading for disaster whatever) were offering investors 10% and more interest rates, you must of picked up a news paper in the noughties ( or did you sleepwalk through the hole thing ) and read the full page ads, they all read like Ponzi Scheme Scams to me... unbelievable


You say.. financial advisors would have had no more idea of the catastrophe that was about to happen than any of Government's top financial advisors?


Take Gordon Brown and his Sale (1999–2002) of the UK's gold reserves (like a triple AAA lunatic) just after he had taken time out to lecturer at Harvard University (in the United States) on a an imminent Western Banking Crises, his lecturer highlighted the ongoing Asian and Latin America financial crisis, calling for tougher regulations and an international early warning system to alert countries to developing crises in any part of the world...


Financial advisers and Gordon Brown had no idea yet Gordon sold UK's gold reserves and lectured on an imminent Western Banking Crises while Financial advisers added fuel to the impending crisis... unbelievable



Ref: List of World Banking Crises

http://en.wikipedia.


org/wiki/List_of_ban


king_crises




Banking Crises what Banking Crises.. What a joke



,,
Various banks in various countries offered a variety of interest rates.

Icelandic Banks had, until the financial crisis that had its beginnings in America, had as good a record as any, and appeared secure.

Of course, after the collapse, and the domino effect, there were many very bright people who were extremely wise after the event, claiming that they were a damned sight more intelligent and financially aware than others, and would never have invested in various countries/banks, and claim that they could foresee the calamity that was about to happen, but strange as it may seem, no record can be found of the warnings that they claim to have made.
,,

Linesman says... no record can be found of the warnings that they claim to have made.


Can you find 5 mins to research (Google) the below so I don't have to repeat myself again.


I repeat.. Kennedy School, Harvard University, 15 December 1998, Gordon Brown lectured (WARNS) on an imminent Western Banking/Financial crisis, later (2011) admitted he made a "big mistake" on financial regulation and accepted responsibility, but added
that he was not alone in making them...


I repeat.. the totally overlooked middle men ( Independent financial advisers ) are in my opinion equally to blame for the Financial crisis...

Simply put.. the Banks had the easy to borrow money the advisers worked overtime to get their hands on it...


Case in point No 2.. Financial adviser and stock broker Bernard Madoff's £40 billion Ponzi Scheme/Scam, one of the Biggest Global Frauds in history perpetrated by ONE MAN and an army of fellow ( overlooked ) Greedy Financial Advisers, REPEATED WARNINGS of this scam fell on ( SEC regulators) deaf ears..


Bernard Madoff's Ponzi Scheme was just one scam out off tens of thousands in the noughties setup and fuelled by Greedy Financial Advisers...




Ref: SWINDLER MADOFF SENTENCED TO 150 YEARS..

Echo Business.. Monday 29 June 2009.

INTERNATIONAL fraudster Bernard Madoff, who swindled Hampshire pensioners out of £7.1m, was last night jailed for the rest of his life.
Willard Foxton, son of DECORATED SOLDIER BILL FOXTON OBE, WHO SHOT HIMSELF IN A SOUTHAMPTON PARK AFTER LOSING HIS LIFE SAVINGS TO MADOFF, said the con-man had "blood on his hands" before the 150 year sentence was handed down.

Madoff, 71, masterminded one of the biggest frauds in history, with his elaborate Ponzi, or Pyramid, scheme estimated to have swallowed £40 billion.

AMONG THE MONEY HE STOLE WAS MILLIONS FROM THE HAMPSHIRE PENSION FUND, WHICH LOOKS AFTER THE RETIREMENT DREAMS OF 46,220 MEMBERS DRAWN FROM 201 EMPLOYERS, INCLUDING 11 COUNCILS IN THE REGION, AS WELL AS THE COUNTY'S POLICE AND FIREFIGHTERS AND THOSE OF UNIVERSITY WORKERS.


http://www.dailyecho
.co.uk/news/4464861.
Swindler_Madoff_sent
enced_to_150_years/




Ref: THE MAN WHO KNEW

Mar 1, 2009

Harry Markopolos blew the whistle to the Securities and Exchange Commission (SEC) about Bernard Madoff as early as 2000. WHY WERE HIS REPEATED WARNINGS IGNORED ?


https://www.youtube.
com/watch?v=s68FR1MX
T8Q




I repeat.. With the right financial advice would Southampton be fighting cuts or making money ?

,,
[quote][p][bold]Linesman[/bold] wrote: [quote][p][bold]Dan Soton[/bold] wrote: [quote][p][bold]Linesman[/bold] wrote: [quote][p][bold]Dan Soton[/bold] wrote: [quote][p][bold]FoysCornerBoy[/bold] wrote: I recently e-mailed the chief executives of all the major high street banks operating in the city requesting that - as they were primarily responsible for the current crisis, have been baled out by the British taxpayer and can still afford to pay their senior executives handsome bonuses - they make a contribution to the cuts being imposed by the coalition government on the City Council. I haven't had a reply yet. Given the miracles that they claim they can perform I wonder if Keith and Don could lend some weight to my campaign.[/p][/quote], With the right financial advisers would Southampton be fighting cuts or making money ?. FoysCornerBoy, agreed, Bank CEOs are responsible for the current crisis.. Although in my book.. the totally overlooked middle men (Independent financial advisers, IFA) are equally to blame... Case in point.. The Iceland Banking Crisis HUNDRED AND TWENTY THREE LOCAL AUTHORITIES LOST £ 1 BILLION WHEN THE ICELAND BANKS COLLAPSED. Local authorities led by Kent County Council had been lured by financial consultants to place high stakes punts on Iceland with little regard for taxpayer losses on the downside. The Chartered Institute for Public Finance and Accountancy struck off four council officers for 12 months for financial mismanagement. A handful of financial advisors gave advice that led to massive council losses. NONE HAVE BEEN PROSECUTED AND STILL WORK WITH THE SAME COUNCILS. - http://www.money-mar ketuk.com/News/3601- no-prosecutions-in-u k-for-iceland-bankin g-collapse.html ,,[/p][/quote]Icelanding Banks were, like British Banks, affected by the collapse of a couple of American Banks. If those Local Authorities had been advised to invest in British Banks, the British Government would still have been bailing them out when they bailed out the British Banks. The Icelandic Government either did not act as swiftly as the British Government, or were unable to do so at the time. The financial advisors would have had no more idea of the catastrophe that was about to happen than any of Government's top financial advisors.[/p][/quote],, Linesman says... Iceland's Banks were, like British Banks, affected by the collapse of a couple of American Banks At that time Iceland's Banks (heading for disaster whatever) were offering investors 10% and more interest rates, you must of picked up a news paper in the noughties ( or did you sleepwalk through the hole thing ) and read the full page ads, they all read like Ponzi Scheme Scams to me... unbelievable You say.. financial advisors would have had no more idea of the catastrophe that was about to happen than any of Government's top financial advisors? Take Gordon Brown and his Sale (1999–2002) of the UK's gold reserves (like a triple AAA lunatic) just after he had taken time out to lecturer at Harvard University (in the United States) on a an imminent Western Banking Crises, his lecturer highlighted the ongoing Asian and Latin America financial crisis, calling for tougher regulations and an international early warning system to alert countries to developing crises in any part of the world... Financial advisers and Gordon Brown had no idea yet Gordon sold UK's gold reserves and lectured on an imminent Western Banking Crises while Financial advisers added fuel to the impending crisis... unbelievable Ref: List of World Banking Crises http://en.wikipedia. org/wiki/List_of_ban king_crises Banking Crises what Banking Crises.. What a joke ,,[/p][/quote]Various banks in various countries offered a variety of interest rates. Icelandic Banks had, until the financial crisis that had its beginnings in America, had as good a record as any, and appeared secure. Of course, after the collapse, and the domino effect, there were many very bright people who were extremely wise after the event, claiming that they were a damned sight more intelligent and financially aware than others, and would never have invested in various countries/banks, and claim that they could foresee the calamity that was about to happen, but strange as it may seem, no record can be found of the warnings that they claim to have made.[/p][/quote],, Linesman says... no record can be found of the warnings that they claim to have made. Can you find 5 mins to research (Google) the below so I don't have to repeat myself again. I repeat.. Kennedy School, Harvard University, 15 December 1998, Gordon Brown lectured (WARNS) on an imminent Western Banking/Financial crisis, later (2011) admitted he made a "big mistake" on financial regulation and accepted responsibility, but added that he was not alone in making them... I repeat.. the totally overlooked middle men ( Independent financial advisers ) are in my opinion equally to blame for the Financial crisis... Simply put.. the Banks had the easy to borrow money the advisers worked overtime to get their hands on it... Case in point No 2.. Financial adviser and stock broker Bernard Madoff's £40 billion Ponzi Scheme/Scam, one of the Biggest Global Frauds in history perpetrated by ONE MAN and an army of fellow ( overlooked ) Greedy Financial Advisers, REPEATED WARNINGS of this scam fell on ( SEC regulators) deaf ears.. Bernard Madoff's Ponzi Scheme was just one scam out off tens of thousands in the noughties setup and fuelled by Greedy Financial Advisers... Ref: SWINDLER MADOFF SENTENCED TO 150 YEARS.. Echo Business.. Monday 29 June 2009. INTERNATIONAL fraudster Bernard Madoff, who swindled Hampshire pensioners out of £7.1m, was last night jailed for the rest of his life. Willard Foxton, son of DECORATED SOLDIER BILL FOXTON OBE, WHO SHOT HIMSELF IN A SOUTHAMPTON PARK AFTER LOSING HIS LIFE SAVINGS TO MADOFF, said the con-man had "blood on his hands" before the 150 year sentence was handed down. Madoff, 71, masterminded one of the biggest frauds in history, with his elaborate Ponzi, or Pyramid, scheme estimated to have swallowed £40 billion. AMONG THE MONEY HE STOLE WAS MILLIONS FROM THE HAMPSHIRE PENSION FUND, WHICH LOOKS AFTER THE RETIREMENT DREAMS OF 46,220 MEMBERS DRAWN FROM 201 EMPLOYERS, INCLUDING 11 COUNCILS IN THE REGION, AS WELL AS THE COUNTY'S POLICE AND FIREFIGHTERS AND THOSE OF UNIVERSITY WORKERS. http://www.dailyecho .co.uk/news/4464861. Swindler_Madoff_sent enced_to_150_years/ Ref: THE MAN WHO KNEW Mar 1, 2009 Harry Markopolos blew the whistle to the Securities and Exchange Commission (SEC) about Bernard Madoff as early as 2000. WHY WERE HIS REPEATED WARNINGS IGNORED ? https://www.youtube. com/watch?v=s68FR1MX T8Q I repeat.. With the right financial advice would Southampton be fighting cuts or making money ? ,, Dan Soton
  • Score: 0

9:04pm Wed 10 Sep 14

loosehead says...

Dan Soton wrote:
Linesman wrote:
Dan Soton wrote:
Linesman wrote:
Dan Soton wrote:
FoysCornerBoy wrote:
I recently e-mailed the chief executives of all the major high street banks operating in the city requesting that - as they were primarily responsible for the current crisis, have been baled out by the British taxpayer and can still afford to pay their senior executives handsome bonuses - they make a contribution to the cuts being imposed by the coalition government on the City Council.

I haven't had a reply yet. Given the miracles that they claim they can perform I wonder if Keith and Don could lend some weight to my campaign.
,

With the right financial advisers would Southampton be fighting cuts or making money ?.



FoysCornerBoy, agreed, Bank CEOs are responsible for the current crisis..

Although in my book.. the totally overlooked middle men (Independent financial advisers, IFA) are equally to blame...


Case in point.. The Iceland Banking Crisis


HUNDRED AND TWENTY THREE LOCAL AUTHORITIES LOST £ 1 BILLION WHEN THE ICELAND BANKS COLLAPSED.

Local authorities led by Kent County Council had been lured by financial consultants to place high stakes punts on Iceland with little regard for taxpayer losses on the downside.

The Chartered Institute for Public Finance and Accountancy struck off four council officers for 12 months for financial mismanagement. A handful of financial advisors gave advice that led to massive council losses. NONE HAVE BEEN PROSECUTED AND STILL WORK WITH THE SAME COUNCILS.

-

http://www.money-mar





ketuk.com/News/3601-





no-prosecutions-in-u





k-for-iceland-bankin





g-collapse.html


,,
Icelanding Banks were, like British Banks, affected by the collapse of a couple of American Banks.

If those Local Authorities had been advised to invest in British Banks, the British Government would still have been bailing them out when they bailed out the British Banks.

The Icelandic Government either did not act as swiftly as the British Government, or were unable to do so at the time.

The financial advisors would have had no more idea of the catastrophe that was about to happen than any of Government's top financial advisors.
,,

Linesman says... Iceland's Banks were, like British Banks, affected by the collapse of a couple of American Banks


At that time Iceland's Banks (heading for disaster whatever) were offering investors 10% and more interest rates, you must of picked up a news paper in the noughties ( or did you sleepwalk through the hole thing ) and read the full page ads, they all read like Ponzi Scheme Scams to me... unbelievable


You say.. financial advisors would have had no more idea of the catastrophe that was about to happen than any of Government's top financial advisors?


Take Gordon Brown and his Sale (1999–2002) of the UK's gold reserves (like a triple AAA lunatic) just after he had taken time out to lecturer at Harvard University (in the United States) on a an imminent Western Banking Crises, his lecturer highlighted the ongoing Asian and Latin America financial crisis, calling for tougher regulations and an international early warning system to alert countries to developing crises in any part of the world...


Financial advisers and Gordon Brown had no idea yet Gordon sold UK's gold reserves and lectured on an imminent Western Banking Crises while Financial advisers added fuel to the impending crisis... unbelievable



Ref: List of World Banking Crises

http://en.wikipedia.



org/wiki/List_of_ban



king_crises




Banking Crises what Banking Crises.. What a joke



,,
Various banks in various countries offered a variety of interest rates.

Icelandic Banks had, until the financial crisis that had its beginnings in America, had as good a record as any, and appeared secure.

Of course, after the collapse, and the domino effect, there were many very bright people who were extremely wise after the event, claiming that they were a damned sight more intelligent and financially aware than others, and would never have invested in various countries/banks, and claim that they could foresee the calamity that was about to happen, but strange as it may seem, no record can be found of the warnings that they claim to have made.
,,

Linesman says... no record can be found of the warnings that they claim to have made.


Can you find 5 mins to research (Google) the below so I don't have to repeat myself again.


I repeat.. Kennedy School, Harvard University, 15 December 1998, Gordon Brown lectured (WARNS) on an imminent Western Banking/Financial crisis, later (2011) admitted he made a "big mistake" on financial regulation and accepted responsibility, but added
that he was not alone in making them...


I repeat.. the totally overlooked middle men ( Independent financial advisers ) are in my opinion equally to blame for the Financial crisis...

Simply put.. the Banks had the easy to borrow money the advisers worked overtime to get their hands on it...


Case in point No 2.. Financial adviser and stock broker Bernard Madoff's £40 billion Ponzi Scheme/Scam, one of the Biggest Global Frauds in history perpetrated by ONE MAN and an army of fellow ( overlooked ) Greedy Financial Advisers, REPEATED WARNINGS of this scam fell on ( SEC regulators) deaf ears..


Bernard Madoff's Ponzi Scheme was just one scam out off tens of thousands in the noughties setup and fuelled by Greedy Financial Advisers...




Ref: SWINDLER MADOFF SENTENCED TO 150 YEARS..

Echo Business.. Monday 29 June 2009.

INTERNATIONAL fraudster Bernard Madoff, who swindled Hampshire pensioners out of £7.1m, was last night jailed for the rest of his life.
Willard Foxton, son of DECORATED SOLDIER BILL FOXTON OBE, WHO SHOT HIMSELF IN A SOUTHAMPTON PARK AFTER LOSING HIS LIFE SAVINGS TO MADOFF, said the con-man had "blood on his hands" before the 150 year sentence was handed down.

Madoff, 71, masterminded one of the biggest frauds in history, with his elaborate Ponzi, or Pyramid, scheme estimated to have swallowed £40 billion.

AMONG THE MONEY HE STOLE WAS MILLIONS FROM THE HAMPSHIRE PENSION FUND, WHICH LOOKS AFTER THE RETIREMENT DREAMS OF 46,220 MEMBERS DRAWN FROM 201 EMPLOYERS, INCLUDING 11 COUNCILS IN THE REGION, AS WELL AS THE COUNTY'S POLICE AND FIREFIGHTERS AND THOSE OF UNIVERSITY WORKERS.


http://www.dailyecho

.co.uk/news/4464861.

Swindler_Madoff_sent

enced_to_150_years/




Ref: THE MAN WHO KNEW

Mar 1, 2009

Harry Markopolos blew the whistle to the Securities and Exchange Commission (SEC) about Bernard Madoff as early as 2000. WHY WERE HIS REPEATED WARNINGS IGNORED ?


https://www.youtube.

com/watch?v=s68FR1MX

T8Q




I repeat.. With the right financial advice would Southampton be fighting cuts or making money ?

,,
DAN a BIG thank You I've been trying to get it through to certain people exactly how the banking crisis occurred but have been belittled time & time again.
[quote][p][bold]Dan Soton[/bold] wrote: [quote][p][bold]Linesman[/bold] wrote: [quote][p][bold]Dan Soton[/bold] wrote: [quote][p][bold]Linesman[/bold] wrote: [quote][p][bold]Dan Soton[/bold] wrote: [quote][p][bold]FoysCornerBoy[/bold] wrote: I recently e-mailed the chief executives of all the major high street banks operating in the city requesting that - as they were primarily responsible for the current crisis, have been baled out by the British taxpayer and can still afford to pay their senior executives handsome bonuses - they make a contribution to the cuts being imposed by the coalition government on the City Council. I haven't had a reply yet. Given the miracles that they claim they can perform I wonder if Keith and Don could lend some weight to my campaign.[/p][/quote], With the right financial advisers would Southampton be fighting cuts or making money ?. FoysCornerBoy, agreed, Bank CEOs are responsible for the current crisis.. Although in my book.. the totally overlooked middle men (Independent financial advisers, IFA) are equally to blame... Case in point.. The Iceland Banking Crisis HUNDRED AND TWENTY THREE LOCAL AUTHORITIES LOST £ 1 BILLION WHEN THE ICELAND BANKS COLLAPSED. Local authorities led by Kent County Council had been lured by financial consultants to place high stakes punts on Iceland with little regard for taxpayer losses on the downside. The Chartered Institute for Public Finance and Accountancy struck off four council officers for 12 months for financial mismanagement. A handful of financial advisors gave advice that led to massive council losses. NONE HAVE BEEN PROSECUTED AND STILL WORK WITH THE SAME COUNCILS. - http://www.money-mar ketuk.com/News/3601- no-prosecutions-in-u k-for-iceland-bankin g-collapse.html ,,[/p][/quote]Icelanding Banks were, like British Banks, affected by the collapse of a couple of American Banks. If those Local Authorities had been advised to invest in British Banks, the British Government would still have been bailing them out when they bailed out the British Banks. The Icelandic Government either did not act as swiftly as the British Government, or were unable to do so at the time. The financial advisors would have had no more idea of the catastrophe that was about to happen than any of Government's top financial advisors.[/p][/quote],, Linesman says... Iceland's Banks were, like British Banks, affected by the collapse of a couple of American Banks At that time Iceland's Banks (heading for disaster whatever) were offering investors 10% and more interest rates, you must of picked up a news paper in the noughties ( or did you sleepwalk through the hole thing ) and read the full page ads, they all read like Ponzi Scheme Scams to me... unbelievable You say.. financial advisors would have had no more idea of the catastrophe that was about to happen than any of Government's top financial advisors? Take Gordon Brown and his Sale (1999–2002) of the UK's gold reserves (like a triple AAA lunatic) just after he had taken time out to lecturer at Harvard University (in the United States) on a an imminent Western Banking Crises, his lecturer highlighted the ongoing Asian and Latin America financial crisis, calling for tougher regulations and an international early warning system to alert countries to developing crises in any part of the world... Financial advisers and Gordon Brown had no idea yet Gordon sold UK's gold reserves and lectured on an imminent Western Banking Crises while Financial advisers added fuel to the impending crisis... unbelievable Ref: List of World Banking Crises http://en.wikipedia. org/wiki/List_of_ban king_crises Banking Crises what Banking Crises.. What a joke ,,[/p][/quote]Various banks in various countries offered a variety of interest rates. Icelandic Banks had, until the financial crisis that had its beginnings in America, had as good a record as any, and appeared secure. Of course, after the collapse, and the domino effect, there were many very bright people who were extremely wise after the event, claiming that they were a damned sight more intelligent and financially aware than others, and would never have invested in various countries/banks, and claim that they could foresee the calamity that was about to happen, but strange as it may seem, no record can be found of the warnings that they claim to have made.[/p][/quote],, Linesman says... no record can be found of the warnings that they claim to have made. Can you find 5 mins to research (Google) the below so I don't have to repeat myself again. I repeat.. Kennedy School, Harvard University, 15 December 1998, Gordon Brown lectured (WARNS) on an imminent Western Banking/Financial crisis, later (2011) admitted he made a "big mistake" on financial regulation and accepted responsibility, but added that he was not alone in making them... I repeat.. the totally overlooked middle men ( Independent financial advisers ) are in my opinion equally to blame for the Financial crisis... Simply put.. the Banks had the easy to borrow money the advisers worked overtime to get their hands on it... Case in point No 2.. Financial adviser and stock broker Bernard Madoff's £40 billion Ponzi Scheme/Scam, one of the Biggest Global Frauds in history perpetrated by ONE MAN and an army of fellow ( overlooked ) Greedy Financial Advisers, REPEATED WARNINGS of this scam fell on ( SEC regulators) deaf ears.. Bernard Madoff's Ponzi Scheme was just one scam out off tens of thousands in the noughties setup and fuelled by Greedy Financial Advisers... Ref: SWINDLER MADOFF SENTENCED TO 150 YEARS.. Echo Business.. Monday 29 June 2009. INTERNATIONAL fraudster Bernard Madoff, who swindled Hampshire pensioners out of £7.1m, was last night jailed for the rest of his life. Willard Foxton, son of DECORATED SOLDIER BILL FOXTON OBE, WHO SHOT HIMSELF IN A SOUTHAMPTON PARK AFTER LOSING HIS LIFE SAVINGS TO MADOFF, said the con-man had "blood on his hands" before the 150 year sentence was handed down. Madoff, 71, masterminded one of the biggest frauds in history, with his elaborate Ponzi, or Pyramid, scheme estimated to have swallowed £40 billion. AMONG THE MONEY HE STOLE WAS MILLIONS FROM THE HAMPSHIRE PENSION FUND, WHICH LOOKS AFTER THE RETIREMENT DREAMS OF 46,220 MEMBERS DRAWN FROM 201 EMPLOYERS, INCLUDING 11 COUNCILS IN THE REGION, AS WELL AS THE COUNTY'S POLICE AND FIREFIGHTERS AND THOSE OF UNIVERSITY WORKERS. http://www.dailyecho .co.uk/news/4464861. Swindler_Madoff_sent enced_to_150_years/ Ref: THE MAN WHO KNEW Mar 1, 2009 Harry Markopolos blew the whistle to the Securities and Exchange Commission (SEC) about Bernard Madoff as early as 2000. WHY WERE HIS REPEATED WARNINGS IGNORED ? https://www.youtube. com/watch?v=s68FR1MX T8Q I repeat.. With the right financial advice would Southampton be fighting cuts or making money ? ,,[/p][/quote]DAN a BIG thank You I've been trying to get it through to certain people exactly how the banking crisis occurred but have been belittled time & time again. loosehead
  • Score: 1

9:09am Fri 12 Sep 14

Linesman says...

loosehead wrote:
Dan Soton wrote:
Linesman wrote:
Dan Soton wrote:
Linesman wrote:
Dan Soton wrote:
FoysCornerBoy wrote:
I recently e-mailed the chief executives of all the major high street banks operating in the city requesting that - as they were primarily responsible for the current crisis, have been baled out by the British taxpayer and can still afford to pay their senior executives handsome bonuses - they make a contribution to the cuts being imposed by the coalition government on the City Council.

I haven't had a reply yet. Given the miracles that they claim they can perform I wonder if Keith and Don could lend some weight to my campaign.
,

With the right financial advisers would Southampton be fighting cuts or making money ?.



FoysCornerBoy, agreed, Bank CEOs are responsible for the current crisis..

Although in my book.. the totally overlooked middle men (Independent financial advisers, IFA) are equally to blame...


Case in point.. The Iceland Banking Crisis


HUNDRED AND TWENTY THREE LOCAL AUTHORITIES LOST £ 1 BILLION WHEN THE ICELAND BANKS COLLAPSED.

Local authorities led by Kent County Council had been lured by financial consultants to place high stakes punts on Iceland with little regard for taxpayer losses on the downside.

The Chartered Institute for Public Finance and Accountancy struck off four council officers for 12 months for financial mismanagement. A handful of financial advisors gave advice that led to massive council losses. NONE HAVE BEEN PROSECUTED AND STILL WORK WITH THE SAME COUNCILS.

-

http://www.money-mar






ketuk.com/News/3601-






no-prosecutions-in-u






k-for-iceland-bankin






g-collapse.html


,,
Icelanding Banks were, like British Banks, affected by the collapse of a couple of American Banks.

If those Local Authorities had been advised to invest in British Banks, the British Government would still have been bailing them out when they bailed out the British Banks.

The Icelandic Government either did not act as swiftly as the British Government, or were unable to do so at the time.

The financial advisors would have had no more idea of the catastrophe that was about to happen than any of Government's top financial advisors.
,,

Linesman says... Iceland's Banks were, like British Banks, affected by the collapse of a couple of American Banks


At that time Iceland's Banks (heading for disaster whatever) were offering investors 10% and more interest rates, you must of picked up a news paper in the noughties ( or did you sleepwalk through the hole thing ) and read the full page ads, they all read like Ponzi Scheme Scams to me... unbelievable


You say.. financial advisors would have had no more idea of the catastrophe that was about to happen than any of Government's top financial advisors?


Take Gordon Brown and his Sale (1999–2002) of the UK's gold reserves (like a triple AAA lunatic) just after he had taken time out to lecturer at Harvard University (in the United States) on a an imminent Western Banking Crises, his lecturer highlighted the ongoing Asian and Latin America financial crisis, calling for tougher regulations and an international early warning system to alert countries to developing crises in any part of the world...


Financial advisers and Gordon Brown had no idea yet Gordon sold UK's gold reserves and lectured on an imminent Western Banking Crises while Financial advisers added fuel to the impending crisis... unbelievable



Ref: List of World Banking Crises

http://en.wikipedia.




org/wiki/List_of_ban




king_crises




Banking Crises what Banking Crises.. What a joke



,,
Various banks in various countries offered a variety of interest rates.

Icelandic Banks had, until the financial crisis that had its beginnings in America, had as good a record as any, and appeared secure.

Of course, after the collapse, and the domino effect, there were many very bright people who were extremely wise after the event, claiming that they were a damned sight more intelligent and financially aware than others, and would never have invested in various countries/banks, and claim that they could foresee the calamity that was about to happen, but strange as it may seem, no record can be found of the warnings that they claim to have made.
,,

Linesman says... no record can be found of the warnings that they claim to have made.


Can you find 5 mins to research (Google) the below so I don't have to repeat myself again.


I repeat.. Kennedy School, Harvard University, 15 December 1998, Gordon Brown lectured (WARNS) on an imminent Western Banking/Financial crisis, later (2011) admitted he made a "big mistake" on financial regulation and accepted responsibility, but added
that he was not alone in making them...


I repeat.. the totally overlooked middle men ( Independent financial advisers ) are in my opinion equally to blame for the Financial crisis...

Simply put.. the Banks had the easy to borrow money the advisers worked overtime to get their hands on it...


Case in point No 2.. Financial adviser and stock broker Bernard Madoff's £40 billion Ponzi Scheme/Scam, one of the Biggest Global Frauds in history perpetrated by ONE MAN and an army of fellow ( overlooked ) Greedy Financial Advisers, REPEATED WARNINGS of this scam fell on ( SEC regulators) deaf ears..


Bernard Madoff's Ponzi Scheme was just one scam out off tens of thousands in the noughties setup and fuelled by Greedy Financial Advisers...




Ref: SWINDLER MADOFF SENTENCED TO 150 YEARS..

Echo Business.. Monday 29 June 2009.

INTERNATIONAL fraudster Bernard Madoff, who swindled Hampshire pensioners out of £7.1m, was last night jailed for the rest of his life.
Willard Foxton, son of DECORATED SOLDIER BILL FOXTON OBE, WHO SHOT HIMSELF IN A SOUTHAMPTON PARK AFTER LOSING HIS LIFE SAVINGS TO MADOFF, said the con-man had "blood on his hands" before the 150 year sentence was handed down.

Madoff, 71, masterminded one of the biggest frauds in history, with his elaborate Ponzi, or Pyramid, scheme estimated to have swallowed £40 billion.

AMONG THE MONEY HE STOLE WAS MILLIONS FROM THE HAMPSHIRE PENSION FUND, WHICH LOOKS AFTER THE RETIREMENT DREAMS OF 46,220 MEMBERS DRAWN FROM 201 EMPLOYERS, INCLUDING 11 COUNCILS IN THE REGION, AS WELL AS THE COUNTY'S POLICE AND FIREFIGHTERS AND THOSE OF UNIVERSITY WORKERS.


http://www.dailyecho


.co.uk/news/4464861.


Swindler_Madoff_sent


enced_to_150_years/




Ref: THE MAN WHO KNEW

Mar 1, 2009

Harry Markopolos blew the whistle to the Securities and Exchange Commission (SEC) about Bernard Madoff as early as 2000. WHY WERE HIS REPEATED WARNINGS IGNORED ?


https://www.youtube.


com/watch?v=s68FR1MX


T8Q




I repeat.. With the right financial advice would Southampton be fighting cuts or making money ?

,,
DAN a BIG thank You I've been trying to get it through to certain people exactly how the banking crisis occurred but have been belittled time & time again.
Gordon Brown's warning at the Harvard University was a warning about the activities in Asia and the possible effects it would have on Western Banking.

He certainly did NOT predict the collapse of banks in America and the domino effect that it would have.
[quote][p][bold]loosehead[/bold] wrote: [quote][p][bold]Dan Soton[/bold] wrote: [quote][p][bold]Linesman[/bold] wrote: [quote][p][bold]Dan Soton[/bold] wrote: [quote][p][bold]Linesman[/bold] wrote: [quote][p][bold]Dan Soton[/bold] wrote: [quote][p][bold]FoysCornerBoy[/bold] wrote: I recently e-mailed the chief executives of all the major high street banks operating in the city requesting that - as they were primarily responsible for the current crisis, have been baled out by the British taxpayer and can still afford to pay their senior executives handsome bonuses - they make a contribution to the cuts being imposed by the coalition government on the City Council. I haven't had a reply yet. Given the miracles that they claim they can perform I wonder if Keith and Don could lend some weight to my campaign.[/p][/quote], With the right financial advisers would Southampton be fighting cuts or making money ?. FoysCornerBoy, agreed, Bank CEOs are responsible for the current crisis.. Although in my book.. the totally overlooked middle men (Independent financial advisers, IFA) are equally to blame... Case in point.. The Iceland Banking Crisis HUNDRED AND TWENTY THREE LOCAL AUTHORITIES LOST £ 1 BILLION WHEN THE ICELAND BANKS COLLAPSED. Local authorities led by Kent County Council had been lured by financial consultants to place high stakes punts on Iceland with little regard for taxpayer losses on the downside. The Chartered Institute for Public Finance and Accountancy struck off four council officers for 12 months for financial mismanagement. A handful of financial advisors gave advice that led to massive council losses. NONE HAVE BEEN PROSECUTED AND STILL WORK WITH THE SAME COUNCILS. - http://www.money-mar ketuk.com/News/3601- no-prosecutions-in-u k-for-iceland-bankin g-collapse.html ,,[/p][/quote]Icelanding Banks were, like British Banks, affected by the collapse of a couple of American Banks. If those Local Authorities had been advised to invest in British Banks, the British Government would still have been bailing them out when they bailed out the British Banks. The Icelandic Government either did not act as swiftly as the British Government, or were unable to do so at the time. The financial advisors would have had no more idea of the catastrophe that was about to happen than any of Government's top financial advisors.[/p][/quote],, Linesman says... Iceland's Banks were, like British Banks, affected by the collapse of a couple of American Banks At that time Iceland's Banks (heading for disaster whatever) were offering investors 10% and more interest rates, you must of picked up a news paper in the noughties ( or did you sleepwalk through the hole thing ) and read the full page ads, they all read like Ponzi Scheme Scams to me... unbelievable You say.. financial advisors would have had no more idea of the catastrophe that was about to happen than any of Government's top financial advisors? Take Gordon Brown and his Sale (1999–2002) of the UK's gold reserves (like a triple AAA lunatic) just after he had taken time out to lecturer at Harvard University (in the United States) on a an imminent Western Banking Crises, his lecturer highlighted the ongoing Asian and Latin America financial crisis, calling for tougher regulations and an international early warning system to alert countries to developing crises in any part of the world... Financial advisers and Gordon Brown had no idea yet Gordon sold UK's gold reserves and lectured on an imminent Western Banking Crises while Financial advisers added fuel to the impending crisis... unbelievable Ref: List of World Banking Crises http://en.wikipedia. org/wiki/List_of_ban king_crises Banking Crises what Banking Crises.. What a joke ,,[/p][/quote]Various banks in various countries offered a variety of interest rates. Icelandic Banks had, until the financial crisis that had its beginnings in America, had as good a record as any, and appeared secure. Of course, after the collapse, and the domino effect, there were many very bright people who were extremely wise after the event, claiming that they were a damned sight more intelligent and financially aware than others, and would never have invested in various countries/banks, and claim that they could foresee the calamity that was about to happen, but strange as it may seem, no record can be found of the warnings that they claim to have made.[/p][/quote],, Linesman says... no record can be found of the warnings that they claim to have made. Can you find 5 mins to research (Google) the below so I don't have to repeat myself again. I repeat.. Kennedy School, Harvard University, 15 December 1998, Gordon Brown lectured (WARNS) on an imminent Western Banking/Financial crisis, later (2011) admitted he made a "big mistake" on financial regulation and accepted responsibility, but added that he was not alone in making them... I repeat.. the totally overlooked middle men ( Independent financial advisers ) are in my opinion equally to blame for the Financial crisis... Simply put.. the Banks had the easy to borrow money the advisers worked overtime to get their hands on it... Case in point No 2.. Financial adviser and stock broker Bernard Madoff's £40 billion Ponzi Scheme/Scam, one of the Biggest Global Frauds in history perpetrated by ONE MAN and an army of fellow ( overlooked ) Greedy Financial Advisers, REPEATED WARNINGS of this scam fell on ( SEC regulators) deaf ears.. Bernard Madoff's Ponzi Scheme was just one scam out off tens of thousands in the noughties setup and fuelled by Greedy Financial Advisers... Ref: SWINDLER MADOFF SENTENCED TO 150 YEARS.. Echo Business.. Monday 29 June 2009. INTERNATIONAL fraudster Bernard Madoff, who swindled Hampshire pensioners out of £7.1m, was last night jailed for the rest of his life. Willard Foxton, son of DECORATED SOLDIER BILL FOXTON OBE, WHO SHOT HIMSELF IN A SOUTHAMPTON PARK AFTER LOSING HIS LIFE SAVINGS TO MADOFF, said the con-man had "blood on his hands" before the 150 year sentence was handed down. Madoff, 71, masterminded one of the biggest frauds in history, with his elaborate Ponzi, or Pyramid, scheme estimated to have swallowed £40 billion. AMONG THE MONEY HE STOLE WAS MILLIONS FROM THE HAMPSHIRE PENSION FUND, WHICH LOOKS AFTER THE RETIREMENT DREAMS OF 46,220 MEMBERS DRAWN FROM 201 EMPLOYERS, INCLUDING 11 COUNCILS IN THE REGION, AS WELL AS THE COUNTY'S POLICE AND FIREFIGHTERS AND THOSE OF UNIVERSITY WORKERS. http://www.dailyecho .co.uk/news/4464861. Swindler_Madoff_sent enced_to_150_years/ Ref: THE MAN WHO KNEW Mar 1, 2009 Harry Markopolos blew the whistle to the Securities and Exchange Commission (SEC) about Bernard Madoff as early as 2000. WHY WERE HIS REPEATED WARNINGS IGNORED ? https://www.youtube. com/watch?v=s68FR1MX T8Q I repeat.. With the right financial advice would Southampton be fighting cuts or making money ? ,,[/p][/quote]DAN a BIG thank You I've been trying to get it through to certain people exactly how the banking crisis occurred but have been belittled time & time again.[/p][/quote]Gordon Brown's warning at the Harvard University was a warning about the activities in Asia and the possible effects it would have on Western Banking. He certainly did NOT predict the collapse of banks in America and the domino effect that it would have. Linesman
  • Score: -5

5:22pm Tue 16 Sep 14

Dan Soton says...

Linesman wrote:
loosehead wrote:
Dan Soton wrote:
Linesman wrote:
Dan Soton wrote:
Linesman wrote:
Dan Soton wrote:
FoysCornerBoy wrote:
I recently e-mailed the chief executives of all the major high street banks operating in the city requesting that - as they were primarily responsible for the current crisis, have been baled out by the British taxpayer and can still afford to pay their senior executives handsome bonuses - they make a contribution to the cuts being imposed by the coalition government on the City Council.

I haven't had a reply yet. Given the miracles that they claim they can perform I wonder if Keith and Don could lend some weight to my campaign.
,

With the right financial advisers would Southampton be fighting cuts or making money ?.



FoysCornerBoy, agreed, Bank CEOs are responsible for the current crisis..

Although in my book.. the totally overlooked middle men (Independent financial advisers, IFA) are equally to blame...


Case in point.. The Iceland Banking Crisis


HUNDRED AND TWENTY THREE LOCAL AUTHORITIES LOST £ 1 BILLION WHEN THE ICELAND BANKS COLLAPSED.

Local authorities led by Kent County Council had been lured by financial consultants to place high stakes punts on Iceland with little regard for taxpayer losses on the downside.

The Chartered Institute for Public Finance and Accountancy struck off four council officers for 12 months for financial mismanagement. A handful of financial advisors gave advice that led to massive council losses. NONE HAVE BEEN PROSECUTED AND STILL WORK WITH THE SAME COUNCILS.

-

http://www.money-mar







ketuk.com/News/3601-







no-prosecutions-in-u







k-for-iceland-bankin







g-collapse.html


,,
Icelanding Banks were, like British Banks, affected by the collapse of a couple of American Banks.

If those Local Authorities had been advised to invest in British Banks, the British Government would still have been bailing them out when they bailed out the British Banks.

The Icelandic Government either did not act as swiftly as the British Government, or were unable to do so at the time.

The financial advisors would have had no more idea of the catastrophe that was about to happen than any of Government's top financial advisors.
,,

Linesman says... Iceland's Banks were, like British Banks, affected by the collapse of a couple of American Banks


At that time Iceland's Banks (heading for disaster whatever) were offering investors 10% and more interest rates, you must of picked up a news paper in the noughties ( or did you sleepwalk through the hole thing ) and read the full page ads, they all read like Ponzi Scheme Scams to me... unbelievable


You say.. financial advisors would have had no more idea of the catastrophe that was about to happen than any of Government's top financial advisors?


Take Gordon Brown and his Sale (1999–2002) of the UK's gold reserves (like a triple AAA lunatic) just after he had taken time out to lecturer at Harvard University (in the United States) on a an imminent Western Banking Crises, his lecturer highlighted the ongoing Asian and Latin America financial crisis, calling for tougher regulations and an international early warning system to alert countries to developing crises in any part of the world...


Financial advisers and Gordon Brown had no idea yet Gordon sold UK's gold reserves and lectured on an imminent Western Banking Crises while Financial advisers added fuel to the impending crisis... unbelievable



Ref: List of World Banking Crises

http://en.wikipedia.





org/wiki/List_of_ban





king_crises




Banking Crises what Banking Crises.. What a joke



,,
Various banks in various countries offered a variety of interest rates.

Icelandic Banks had, until the financial crisis that had its beginnings in America, had as good a record as any, and appeared secure.

Of course, after the collapse, and the domino effect, there were many very bright people who were extremely wise after the event, claiming that they were a damned sight more intelligent and financially aware than others, and would never have invested in various countries/banks, and claim that they could foresee the calamity that was about to happen, but strange as it may seem, no record can be found of the warnings that they claim to have made.
,,

Linesman says... no record can be found of the warnings that they claim to have made.


Can you find 5 mins to research (Google) the below so I don't have to repeat myself again.


I repeat.. Kennedy School, Harvard University, 15 December 1998, Gordon Brown lectured (WARNS) on an imminent Western Banking/Financial crisis, later (2011) admitted he made a "big mistake" on financial regulation and accepted responsibility, but added
that he was not alone in making them...


I repeat.. the totally overlooked middle men ( Independent financial advisers ) are in my opinion equally to blame for the Financial crisis...

Simply put.. the Banks had the easy to borrow money the advisers worked overtime to get their hands on it...


Case in point No 2.. Financial adviser and stock broker Bernard Madoff's £40 billion Ponzi Scheme/Scam, one of the Biggest Global Frauds in history perpetrated by ONE MAN and an army of fellow ( overlooked ) Greedy Financial Advisers, REPEATED WARNINGS of this scam fell on ( SEC regulators) deaf ears..


Bernard Madoff's Ponzi Scheme was just one scam out off tens of thousands in the noughties setup and fuelled by Greedy Financial Advisers...




Ref: SWINDLER MADOFF SENTENCED TO 150 YEARS..

Echo Business.. Monday 29 June 2009.

INTERNATIONAL fraudster Bernard Madoff, who swindled Hampshire pensioners out of £7.1m, was last night jailed for the rest of his life.
Willard Foxton, son of DECORATED SOLDIER BILL FOXTON OBE, WHO SHOT HIMSELF IN A SOUTHAMPTON PARK AFTER LOSING HIS LIFE SAVINGS TO MADOFF, said the con-man had "blood on his hands" before the 150 year sentence was handed down.

Madoff, 71, masterminded one of the biggest frauds in history, with his elaborate Ponzi, or Pyramid, scheme estimated to have swallowed £40 billion.

AMONG THE MONEY HE STOLE WAS MILLIONS FROM THE HAMPSHIRE PENSION FUND, WHICH LOOKS AFTER THE RETIREMENT DREAMS OF 46,220 MEMBERS DRAWN FROM 201 EMPLOYERS, INCLUDING 11 COUNCILS IN THE REGION, AS WELL AS THE COUNTY'S POLICE AND FIREFIGHTERS AND THOSE OF UNIVERSITY WORKERS.


http://www.dailyecho



.co.uk/news/4464861.



Swindler_Madoff_sent



enced_to_150_years/




Ref: THE MAN WHO KNEW

Mar 1, 2009

Harry Markopolos blew the whistle to the Securities and Exchange Commission (SEC) about Bernard Madoff as early as 2000. WHY WERE HIS REPEATED WARNINGS IGNORED ?


https://www.youtube.



com/watch?v=s68FR1MX



T8Q




I repeat.. With the right financial advice would Southampton be fighting cuts or making money ?

,,
DAN a BIG thank You I've been trying to get it through to certain people exactly how the banking crisis occurred but have been belittled time & time again.
Gordon Brown's warning at the Harvard University was a warning about the activities in Asia and the possible effects it would have on Western Banking.

He certainly did NOT predict the collapse of banks in America and the domino effect that it would have.
,,



That's right Linesman Gordon Brown certainly did NOT mention your ( a majority of the media's ) domino effect theory ..

Besides a domino effect would of went global, taken down honest properly regulated financial institutions in Germany, Australia and Canada etc., etc.,

If asked Gordon Brown probably would go long with my... poorly regulated greed/risk driven house of cards theory...



I repeat... Take Gordon Brown and his Sale ( 1999–2002 ) of the UK's gold reserves ( like a triple AAA lunatic ) just after he had taken time out ( 1998 ) to lecturer at Harvard University on an imminent Western Banking Crises, his lecturer highlighted the ongoing Asian and Latin America financial crisis, calling for tougher regulations and an international EARLY WARNING SYSTEM to alert countries to developing crises in any part of the world... later ( January 2009 ) GORDON BROWN CLAIMED THAT HE HAD BEEN WARNING FOR TEN YEARS that the international financial markets needed to be more strongly regulated, by 2011 he admitted he made a "BIG MISTAKE" on financial regulation and ACCEPTED RESPONSIBILITY, but added that he was not alone in making them...



Linesman as a loyal labor supporter you'd rather make up scenarios ( or spread misinformation ) than believe Gordon Brown's own quotes/testaments.. that's sad




,,
[quote][p][bold]Linesman[/bold] wrote: [quote][p][bold]loosehead[/bold] wrote: [quote][p][bold]Dan Soton[/bold] wrote: [quote][p][bold]Linesman[/bold] wrote: [quote][p][bold]Dan Soton[/bold] wrote: [quote][p][bold]Linesman[/bold] wrote: [quote][p][bold]Dan Soton[/bold] wrote: [quote][p][bold]FoysCornerBoy[/bold] wrote: I recently e-mailed the chief executives of all the major high street banks operating in the city requesting that - as they were primarily responsible for the current crisis, have been baled out by the British taxpayer and can still afford to pay their senior executives handsome bonuses - they make a contribution to the cuts being imposed by the coalition government on the City Council. I haven't had a reply yet. Given the miracles that they claim they can perform I wonder if Keith and Don could lend some weight to my campaign.[/p][/quote], With the right financial advisers would Southampton be fighting cuts or making money ?. FoysCornerBoy, agreed, Bank CEOs are responsible for the current crisis.. Although in my book.. the totally overlooked middle men (Independent financial advisers, IFA) are equally to blame... Case in point.. The Iceland Banking Crisis HUNDRED AND TWENTY THREE LOCAL AUTHORITIES LOST £ 1 BILLION WHEN THE ICELAND BANKS COLLAPSED. Local authorities led by Kent County Council had been lured by financial consultants to place high stakes punts on Iceland with little regard for taxpayer losses on the downside. The Chartered Institute for Public Finance and Accountancy struck off four council officers for 12 months for financial mismanagement. A handful of financial advisors gave advice that led to massive council losses. NONE HAVE BEEN PROSECUTED AND STILL WORK WITH THE SAME COUNCILS. - http://www.money-mar ketuk.com/News/3601- no-prosecutions-in-u k-for-iceland-bankin g-collapse.html ,,[/p][/quote]Icelanding Banks were, like British Banks, affected by the collapse of a couple of American Banks. If those Local Authorities had been advised to invest in British Banks, the British Government would still have been bailing them out when they bailed out the British Banks. The Icelandic Government either did not act as swiftly as the British Government, or were unable to do so at the time. The financial advisors would have had no more idea of the catastrophe that was about to happen than any of Government's top financial advisors.[/p][/quote],, Linesman says... Iceland's Banks were, like British Banks, affected by the collapse of a couple of American Banks At that time Iceland's Banks (heading for disaster whatever) were offering investors 10% and more interest rates, you must of picked up a news paper in the noughties ( or did you sleepwalk through the hole thing ) and read the full page ads, they all read like Ponzi Scheme Scams to me... unbelievable You say.. financial advisors would have had no more idea of the catastrophe that was about to happen than any of Government's top financial advisors? Take Gordon Brown and his Sale (1999–2002) of the UK's gold reserves (like a triple AAA lunatic) just after he had taken time out to lecturer at Harvard University (in the United States) on a an imminent Western Banking Crises, his lecturer highlighted the ongoing Asian and Latin America financial crisis, calling for tougher regulations and an international early warning system to alert countries to developing crises in any part of the world... Financial advisers and Gordon Brown had no idea yet Gordon sold UK's gold reserves and lectured on an imminent Western Banking Crises while Financial advisers added fuel to the impending crisis... unbelievable Ref: List of World Banking Crises http://en.wikipedia. org/wiki/List_of_ban king_crises Banking Crises what Banking Crises.. What a joke ,,[/p][/quote]Various banks in various countries offered a variety of interest rates. Icelandic Banks had, until the financial crisis that had its beginnings in America, had as good a record as any, and appeared secure. Of course, after the collapse, and the domino effect, there were many very bright people who were extremely wise after the event, claiming that they were a damned sight more intelligent and financially aware than others, and would never have invested in various countries/banks, and claim that they could foresee the calamity that was about to happen, but strange as it may seem, no record can be found of the warnings that they claim to have made.[/p][/quote],, Linesman says... no record can be found of the warnings that they claim to have made. Can you find 5 mins to research (Google) the below so I don't have to repeat myself again. I repeat.. Kennedy School, Harvard University, 15 December 1998, Gordon Brown lectured (WARNS) on an imminent Western Banking/Financial crisis, later (2011) admitted he made a "big mistake" on financial regulation and accepted responsibility, but added that he was not alone in making them... I repeat.. the totally overlooked middle men ( Independent financial advisers ) are in my opinion equally to blame for the Financial crisis... Simply put.. the Banks had the easy to borrow money the advisers worked overtime to get their hands on it... Case in point No 2.. Financial adviser and stock broker Bernard Madoff's £40 billion Ponzi Scheme/Scam, one of the Biggest Global Frauds in history perpetrated by ONE MAN and an army of fellow ( overlooked ) Greedy Financial Advisers, REPEATED WARNINGS of this scam fell on ( SEC regulators) deaf ears.. Bernard Madoff's Ponzi Scheme was just one scam out off tens of thousands in the noughties setup and fuelled by Greedy Financial Advisers... Ref: SWINDLER MADOFF SENTENCED TO 150 YEARS.. Echo Business.. Monday 29 June 2009. INTERNATIONAL fraudster Bernard Madoff, who swindled Hampshire pensioners out of £7.1m, was last night jailed for the rest of his life. Willard Foxton, son of DECORATED SOLDIER BILL FOXTON OBE, WHO SHOT HIMSELF IN A SOUTHAMPTON PARK AFTER LOSING HIS LIFE SAVINGS TO MADOFF, said the con-man had "blood on his hands" before the 150 year sentence was handed down. Madoff, 71, masterminded one of the biggest frauds in history, with his elaborate Ponzi, or Pyramid, scheme estimated to have swallowed £40 billion. AMONG THE MONEY HE STOLE WAS MILLIONS FROM THE HAMPSHIRE PENSION FUND, WHICH LOOKS AFTER THE RETIREMENT DREAMS OF 46,220 MEMBERS DRAWN FROM 201 EMPLOYERS, INCLUDING 11 COUNCILS IN THE REGION, AS WELL AS THE COUNTY'S POLICE AND FIREFIGHTERS AND THOSE OF UNIVERSITY WORKERS. http://www.dailyecho .co.uk/news/4464861. Swindler_Madoff_sent enced_to_150_years/ Ref: THE MAN WHO KNEW Mar 1, 2009 Harry Markopolos blew the whistle to the Securities and Exchange Commission (SEC) about Bernard Madoff as early as 2000. WHY WERE HIS REPEATED WARNINGS IGNORED ? https://www.youtube. com/watch?v=s68FR1MX T8Q I repeat.. With the right financial advice would Southampton be fighting cuts or making money ? ,,[/p][/quote]DAN a BIG thank You I've been trying to get it through to certain people exactly how the banking crisis occurred but have been belittled time & time again.[/p][/quote]Gordon Brown's warning at the Harvard University was a warning about the activities in Asia and the possible effects it would have on Western Banking. He certainly did NOT predict the collapse of banks in America and the domino effect that it would have.[/p][/quote],, That's right Linesman Gordon Brown certainly did NOT mention your ( a majority of the media's ) domino effect theory .. Besides a domino effect would of went global, taken down honest properly regulated financial institutions in Germany, Australia and Canada etc., etc., If asked Gordon Brown probably would go long with my... poorly regulated greed/risk driven house of cards theory... I repeat... Take Gordon Brown and his Sale ( 1999–2002 ) of the UK's gold reserves ( like a triple AAA lunatic ) just after he had taken time out ( 1998 ) to lecturer at Harvard University on an imminent Western Banking Crises, his lecturer highlighted the ongoing Asian and Latin America financial crisis, calling for tougher regulations and an international EARLY WARNING SYSTEM to alert countries to developing crises in any part of the world... later ( January 2009 ) GORDON BROWN CLAIMED THAT HE HAD BEEN WARNING FOR TEN YEARS that the international financial markets needed to be more strongly regulated, by 2011 he admitted he made a "BIG MISTAKE" on financial regulation and ACCEPTED RESPONSIBILITY, but added that he was not alone in making them... Linesman as a loyal labor supporter you'd rather make up scenarios ( or spread misinformation ) than believe Gordon Brown's own quotes/testaments.. that's sad ,, Dan Soton
  • Score: 0

5:28pm Tue 16 Sep 14

Dan Soton says...

Linesman wrote:
loosehead wrote:
Dan Soton wrote:
Linesman wrote:
Dan Soton wrote:
Linesman wrote:
Dan Soton wrote:
FoysCornerBoy wrote:
I recently e-mailed the chief executives of all the major high street banks operating in the city requesting that - as they were primarily responsible for the current crisis, have been baled out by the British taxpayer and can still afford to pay their senior executives handsome bonuses - they make a contribution to the cuts being imposed by the coalition government on the City Council.

I haven't had a reply yet. Given the miracles that they claim they can perform I wonder if Keith and Don could lend some weight to my campaign.
,

With the right financial advisers would Southampton be fighting cuts or making money ?.



FoysCornerBoy, agreed, Bank CEOs are responsible for the current crisis..

Although in my book.. the totally overlooked middle men (Independent financial advisers, IFA) are equally to blame...


Case in point.. The Iceland Banking Crisis


HUNDRED AND TWENTY THREE LOCAL AUTHORITIES LOST £ 1 BILLION WHEN THE ICELAND BANKS COLLAPSED.

Local authorities led by Kent County Council had been lured by financial consultants to place high stakes punts on Iceland with little regard for taxpayer losses on the downside.

The Chartered Institute for Public Finance and Accountancy struck off four council officers for 12 months for financial mismanagement. A handful of financial advisors gave advice that led to massive council losses. NONE HAVE BEEN PROSECUTED AND STILL WORK WITH THE SAME COUNCILS.

-

http://www.money-mar







ketuk.com/News/3601-







no-prosecutions-in-u







k-for-iceland-bankin







g-collapse.html


,,
Icelanding Banks were, like British Banks, affected by the collapse of a couple of American Banks.

If those Local Authorities had been advised to invest in British Banks, the British Government would still have been bailing them out when they bailed out the British Banks.

The Icelandic Government either did not act as swiftly as the British Government, or were unable to do so at the time.

The financial advisors would have had no more idea of the catastrophe that was about to happen than any of Government's top financial advisors.
,,

Linesman says... Iceland's Banks were, like British Banks, affected by the collapse of a couple of American Banks


At that time Iceland's Banks (heading for disaster whatever) were offering investors 10% and more interest rates, you must of picked up a news paper in the noughties ( or did you sleepwalk through the hole thing ) and read the full page ads, they all read like Ponzi Scheme Scams to me... unbelievable


You say.. financial advisors would have had no more idea of the catastrophe that was about to happen than any of Government's top financial advisors?


Take Gordon Brown and his Sale (1999–2002) of the UK's gold reserves (like a triple AAA lunatic) just after he had taken time out to lecturer at Harvard University (in the United States) on a an imminent Western Banking Crises, his lecturer highlighted the ongoing Asian and Latin America financial crisis, calling for tougher regulations and an international early warning system to alert countries to developing crises in any part of the world...


Financial advisers and Gordon Brown had no idea yet Gordon sold UK's gold reserves and lectured on an imminent Western Banking Crises while Financial advisers added fuel to the impending crisis... unbelievable



Ref: List of World Banking Crises

http://en.wikipedia.





org/wiki/List_of_ban





king_crises




Banking Crises what Banking Crises.. What a joke



,,
Various banks in various countries offered a variety of interest rates.

Icelandic Banks had, until the financial crisis that had its beginnings in America, had as good a record as any, and appeared secure.

Of course, after the collapse, and the domino effect, there were many very bright people who were extremely wise after the event, claiming that they were a damned sight more intelligent and financially aware than others, and would never have invested in various countries/banks, and claim that they could foresee the calamity that was about to happen, but strange as it may seem, no record can be found of the warnings that they claim to have made.
,,

Linesman says... no record can be found of the warnings that they claim to have made.


Can you find 5 mins to research (Google) the below so I don't have to repeat myself again.


I repeat.. Kennedy School, Harvard University, 15 December 1998, Gordon Brown lectured (WARNS) on an imminent Western Banking/Financial crisis, later (2011) admitted he made a "big mistake" on financial regulation and accepted responsibility, but added
that he was not alone in making them...


I repeat.. the totally overlooked middle men ( Independent financial advisers ) are in my opinion equally to blame for the Financial crisis...

Simply put.. the Banks had the easy to borrow money the advisers worked overtime to get their hands on it...


Case in point No 2.. Financial adviser and stock broker Bernard Madoff's £40 billion Ponzi Scheme/Scam, one of the Biggest Global Frauds in history perpetrated by ONE MAN and an army of fellow ( overlooked ) Greedy Financial Advisers, REPEATED WARNINGS of this scam fell on ( SEC regulators) deaf ears..


Bernard Madoff's Ponzi Scheme was just one scam out off tens of thousands in the noughties setup and fuelled by Greedy Financial Advisers...




Ref: SWINDLER MADOFF SENTENCED TO 150 YEARS..

Echo Business.. Monday 29 June 2009.

INTERNATIONAL fraudster Bernard Madoff, who swindled Hampshire pensioners out of £7.1m, was last night jailed for the rest of his life.
Willard Foxton, son of DECORATED SOLDIER BILL FOXTON OBE, WHO SHOT HIMSELF IN A SOUTHAMPTON PARK AFTER LOSING HIS LIFE SAVINGS TO MADOFF, said the con-man had "blood on his hands" before the 150 year sentence was handed down.

Madoff, 71, masterminded one of the biggest frauds in history, with his elaborate Ponzi, or Pyramid, scheme estimated to have swallowed £40 billion.

AMONG THE MONEY HE STOLE WAS MILLIONS FROM THE HAMPSHIRE PENSION FUND, WHICH LOOKS AFTER THE RETIREMENT DREAMS OF 46,220 MEMBERS DRAWN FROM 201 EMPLOYERS, INCLUDING 11 COUNCILS IN THE REGION, AS WELL AS THE COUNTY'S POLICE AND FIREFIGHTERS AND THOSE OF UNIVERSITY WORKERS.


http://www.dailyecho



.co.uk/news/4464861.



Swindler_Madoff_sent



enced_to_150_years/




Ref: THE MAN WHO KNEW

Mar 1, 2009

Harry Markopolos blew the whistle to the Securities and Exchange Commission (SEC) about Bernard Madoff as early as 2000. WHY WERE HIS REPEATED WARNINGS IGNORED ?


https://www.youtube.



com/watch?v=s68FR1MX



T8Q




I repeat.. With the right financial advice would Southampton be fighting cuts or making money ?

,,
DAN a BIG thank You I've been trying to get it through to certain people exactly how the banking crisis occurred but have been belittled time & time again.
Gordon Brown's warning at the Harvard University was a warning about the activities in Asia and the possible effects it would have on Western Banking.

He certainly did NOT predict the collapse of banks in America and the domino effect that it would have.
,,



That's right Linesman Gordon Brown certainly did NOT mention your ( a majority of the media's ) domino effect theory ..

Besides a domino effect would of went global, taken down honest properly regulated financial institutions in Germany, Australia and Canada etc., etc.,

If asked Gordon Brown probably would go long with my... poorly regulated greed/risk driven house of cards theory...



I repeat... Take Gordon Brown and his Sale ( 1999–2002 ) of the UK's gold reserves ( like a triple AAA lunatic ) just after he had taken time out ( 1998 ) to lecturer at Harvard University on an imminent Western Banking Crises, his lecturer highlighted the ongoing Asian and Latin America financial crisis, calling for tougher regulations and an international EARLY WARNING SYSTEM to alert countries to developing crises in any part of the world... later ( January 2009 ) GORDON BROWN CLAIMED THAT HE HAD BEEN WARNING FOR TEN YEARS that the international financial markets needed to be more strongly regulated, by 2011 he admitted he made a "BIG MISTAKE" on financial regulation and ACCEPTED RESPONSIBILITY, but added that he was not alone in making them...



Linesman as a Loyal Labour Supporter you'd rather make up scenarios ( or spread misinformation ) than believe Gordon Brown's own quotes/testaments.. that's sad



I repeat.. With the right financial advice would Southampton be fighting cuts or making money ?




,,
[quote][p][bold]Linesman[/bold] wrote: [quote][p][bold]loosehead[/bold] wrote: [quote][p][bold]Dan Soton[/bold] wrote: [quote][p][bold]Linesman[/bold] wrote: [quote][p][bold]Dan Soton[/bold] wrote: [quote][p][bold]Linesman[/bold] wrote: [quote][p][bold]Dan Soton[/bold] wrote: [quote][p][bold]FoysCornerBoy[/bold] wrote: I recently e-mailed the chief executives of all the major high street banks operating in the city requesting that - as they were primarily responsible for the current crisis, have been baled out by the British taxpayer and can still afford to pay their senior executives handsome bonuses - they make a contribution to the cuts being imposed by the coalition government on the City Council. I haven't had a reply yet. Given the miracles that they claim they can perform I wonder if Keith and Don could lend some weight to my campaign.[/p][/quote], With the right financial advisers would Southampton be fighting cuts or making money ?. FoysCornerBoy, agreed, Bank CEOs are responsible for the current crisis.. Although in my book.. the totally overlooked middle men (Independent financial advisers, IFA) are equally to blame... Case in point.. The Iceland Banking Crisis HUNDRED AND TWENTY THREE LOCAL AUTHORITIES LOST £ 1 BILLION WHEN THE ICELAND BANKS COLLAPSED. Local authorities led by Kent County Council had been lured by financial consultants to place high stakes punts on Iceland with little regard for taxpayer losses on the downside. The Chartered Institute for Public Finance and Accountancy struck off four council officers for 12 months for financial mismanagement. A handful of financial advisors gave advice that led to massive council losses. NONE HAVE BEEN PROSECUTED AND STILL WORK WITH THE SAME COUNCILS. - http://www.money-mar ketuk.com/News/3601- no-prosecutions-in-u k-for-iceland-bankin g-collapse.html ,,[/p][/quote]Icelanding Banks were, like British Banks, affected by the collapse of a couple of American Banks. If those Local Authorities had been advised to invest in British Banks, the British Government would still have been bailing them out when they bailed out the British Banks. The Icelandic Government either did not act as swiftly as the British Government, or were unable to do so at the time. The financial advisors would have had no more idea of the catastrophe that was about to happen than any of Government's top financial advisors.[/p][/quote],, Linesman says... Iceland's Banks were, like British Banks, affected by the collapse of a couple of American Banks At that time Iceland's Banks (heading for disaster whatever) were offering investors 10% and more interest rates, you must of picked up a news paper in the noughties ( or did you sleepwalk through the hole thing ) and read the full page ads, they all read like Ponzi Scheme Scams to me... unbelievable You say.. financial advisors would have had no more idea of the catastrophe that was about to happen than any of Government's top financial advisors? Take Gordon Brown and his Sale (1999–2002) of the UK's gold reserves (like a triple AAA lunatic) just after he had taken time out to lecturer at Harvard University (in the United States) on a an imminent Western Banking Crises, his lecturer highlighted the ongoing Asian and Latin America financial crisis, calling for tougher regulations and an international early warning system to alert countries to developing crises in any part of the world... Financial advisers and Gordon Brown had no idea yet Gordon sold UK's gold reserves and lectured on an imminent Western Banking Crises while Financial advisers added fuel to the impending crisis... unbelievable Ref: List of World Banking Crises http://en.wikipedia. org/wiki/List_of_ban king_crises Banking Crises what Banking Crises.. What a joke ,,[/p][/quote]Various banks in various countries offered a variety of interest rates. Icelandic Banks had, until the financial crisis that had its beginnings in America, had as good a record as any, and appeared secure. Of course, after the collapse, and the domino effect, there were many very bright people who were extremely wise after the event, claiming that they were a damned sight more intelligent and financially aware than others, and would never have invested in various countries/banks, and claim that they could foresee the calamity that was about to happen, but strange as it may seem, no record can be found of the warnings that they claim to have made.[/p][/quote],, Linesman says... no record can be found of the warnings that they claim to have made. Can you find 5 mins to research (Google) the below so I don't have to repeat myself again. I repeat.. Kennedy School, Harvard University, 15 December 1998, Gordon Brown lectured (WARNS) on an imminent Western Banking/Financial crisis, later (2011) admitted he made a "big mistake" on financial regulation and accepted responsibility, but added that he was not alone in making them... I repeat.. the totally overlooked middle men ( Independent financial advisers ) are in my opinion equally to blame for the Financial crisis... Simply put.. the Banks had the easy to borrow money the advisers worked overtime to get their hands on it... Case in point No 2.. Financial adviser and stock broker Bernard Madoff's £40 billion Ponzi Scheme/Scam, one of the Biggest Global Frauds in history perpetrated by ONE MAN and an army of fellow ( overlooked ) Greedy Financial Advisers, REPEATED WARNINGS of this scam fell on ( SEC regulators) deaf ears.. Bernard Madoff's Ponzi Scheme was just one scam out off tens of thousands in the noughties setup and fuelled by Greedy Financial Advisers... Ref: SWINDLER MADOFF SENTENCED TO 150 YEARS.. Echo Business.. Monday 29 June 2009. INTERNATIONAL fraudster Bernard Madoff, who swindled Hampshire pensioners out of £7.1m, was last night jailed for the rest of his life. Willard Foxton, son of DECORATED SOLDIER BILL FOXTON OBE, WHO SHOT HIMSELF IN A SOUTHAMPTON PARK AFTER LOSING HIS LIFE SAVINGS TO MADOFF, said the con-man had "blood on his hands" before the 150 year sentence was handed down. Madoff, 71, masterminded one of the biggest frauds in history, with his elaborate Ponzi, or Pyramid, scheme estimated to have swallowed £40 billion. AMONG THE MONEY HE STOLE WAS MILLIONS FROM THE HAMPSHIRE PENSION FUND, WHICH LOOKS AFTER THE RETIREMENT DREAMS OF 46,220 MEMBERS DRAWN FROM 201 EMPLOYERS, INCLUDING 11 COUNCILS IN THE REGION, AS WELL AS THE COUNTY'S POLICE AND FIREFIGHTERS AND THOSE OF UNIVERSITY WORKERS. http://www.dailyecho .co.uk/news/4464861. Swindler_Madoff_sent enced_to_150_years/ Ref: THE MAN WHO KNEW Mar 1, 2009 Harry Markopolos blew the whistle to the Securities and Exchange Commission (SEC) about Bernard Madoff as early as 2000. WHY WERE HIS REPEATED WARNINGS IGNORED ? https://www.youtube. com/watch?v=s68FR1MX T8Q I repeat.. With the right financial advice would Southampton be fighting cuts or making money ? ,,[/p][/quote]DAN a BIG thank You I've been trying to get it through to certain people exactly how the banking crisis occurred but have been belittled time & time again.[/p][/quote]Gordon Brown's warning at the Harvard University was a warning about the activities in Asia and the possible effects it would have on Western Banking. He certainly did NOT predict the collapse of banks in America and the domino effect that it would have.[/p][/quote],, That's right Linesman Gordon Brown certainly did NOT mention your ( a majority of the media's ) domino effect theory .. Besides a domino effect would of went global, taken down honest properly regulated financial institutions in Germany, Australia and Canada etc., etc., If asked Gordon Brown probably would go long with my... poorly regulated greed/risk driven house of cards theory... I repeat... Take Gordon Brown and his Sale ( 1999–2002 ) of the UK's gold reserves ( like a triple AAA lunatic ) just after he had taken time out ( 1998 ) to lecturer at Harvard University on an imminent Western Banking Crises, his lecturer highlighted the ongoing Asian and Latin America financial crisis, calling for tougher regulations and an international EARLY WARNING SYSTEM to alert countries to developing crises in any part of the world... later ( January 2009 ) GORDON BROWN CLAIMED THAT HE HAD BEEN WARNING FOR TEN YEARS that the international financial markets needed to be more strongly regulated, by 2011 he admitted he made a "BIG MISTAKE" on financial regulation and ACCEPTED RESPONSIBILITY, but added that he was not alone in making them... Linesman as a Loyal Labour Supporter you'd rather make up scenarios ( or spread misinformation ) than believe Gordon Brown's own quotes/testaments.. that's sad I repeat.. With the right financial advice would Southampton be fighting cuts or making money ? ,, Dan Soton
  • Score: 0
Post a comment

Remember you are personally responsible for what you post on this site and must abide by our site terms. Do not post anything that is false, abusive or malicious. If you wish to complain, please use the ‘report this post’ link.

Send us your news, pictures and videos

Most read stories

Local Info

Enter your postcode, town or place name

About cookies

We want you to enjoy your visit to our website. That's why we use cookies to enhance your experience. By staying on our website you agree to our use of cookies. Find out more about the cookies we use.

I agree