Barclays guilty of manipulating interest rates

Shayper said:
London is a brilliant place.

Also, your spelling of necessary just killed four kittens.
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Yeah, im just mentally sub normal, dont worry about it.

Doesnt change the fact that london is dump.

It must be, its the only reason that explains the constant influx of cockney *******s I've had to suffer over the years, all telling me what a wonderful place London is, yet they cant get away from the place quickly enough.
 
Manipulated $350 trillion market(they deserve far stricter punishment, probably jail), get fined. We all know that financial sectors is manipulated, whistleblower who would unravel these actions are "destroyed" so everybody is silent until they got nothing to lose then all hell breaks loose.
This is not the first time or the last time nor is it the only case.

Power corrupts, always. This rule rarely fails.
 
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kgi said:
Subprime lending*.

..oh wait


*moral fraud
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You sure? I'm pretty sure it was US / New York thing, in fact the UK didn't have much problems with UK citizens defaulting, sub-prime was mostly US thing. The spillover was UK banks investing into US securitized debt which was miss-represented as safe. If anything it's US fraud for miss-representing poo as triple A
 
atpbx said:
Yeah, im just mentally sub normal, dont worry about it.

Doesnt change the fact that london is dump.

It must be, its the only reason that explains the constant influx of cockney *******s I've had to suffer over the years, all telling me what a wonderful place London is, yet they cant get away from the place quickly enough.
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Well I love living here. It's the perfect place for either of the career paths I can choose from.
 
Freakbro said:
Who gives a **** how, who where and why these frauds occurred and whether it solely affects London's reputation.

The fact is, major financial institutions have been involved in systemic Fraud, plain and simple and as usual when the people at the top get caught with their hand in the cookie jar, absolutely **** all gets done about it. They say sorry, a small slap on the wrist and pay a bit back.

What gets me is then all the posters on here who just say, "So what" "Oh, what a surprise, not" "We all knew this was going on" and brush off corporate dishonesty as 'just one of those things' are generally the ones who get so excited and wet their knickers about people on the bottom of the ladder claiming some benefits illegally. Heh, you are a bunch of saps.
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But what exactly can the man in the street do?
 
scorza said:
C4 news said that a lot of fingers are being pointed at London and asking why so many large scale frauds start here?
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Because our regulators are honest and dig up the fraud?

I know it's a laughable concept given the current problems but not as laughable as thinking bankers in other regions are more honest.
 
Nerusy said:
You sure? I'm pretty sure it was US / New York thing, in fact the UK didn't have much problems with UK citizens defaulting, sub-prime was mostly US thing. The spillover was UK banks investing into US securitized debt which was miss-represented as safe. If anything it's US fraud for miss-representing poo as triple A
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I was being sarcastic, hence the "..oh wait". Sorry it didn't come through as I'd hoped!
 
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