RE: Banker admits 'accepting bribes' from Ecclestone
Discussion
Dare anyone post a photoshop picture of Bernie without the Syrup?
Actually, I am sure it is all his own hair and I didn't mean anything by the above comment.
All comments are meant in a light hearted and fun loving manner. Nothing contained herein is meant as a slight on the reputation or integrity of any persons previously mentioned or related to this article.
Actually, I am sure it is all his own hair and I didn't mean anything by the above comment.
All comments are meant in a light hearted and fun loving manner. Nothing contained herein is meant as a slight on the reputation or integrity of any persons previously mentioned or related to this article.
toppstuff said:
This is a pretty big deal.
Big corporates have seriously powerful internal compliance departments these days. If you have ever worked for a company with a powerful compliance department, then you will know how they operate ! If the big corporates decide that it would be too uncomfortable to be associated with F1 in the event that the bribery trial drags on for months and months, then Bernie will end up having to leave. Simple. Without the backing of the corporates, he is toast.
He must be tired by now for gods sake. He should step down and let that paragon of noble thinking , Jean Todt, take over.
This!Big corporates have seriously powerful internal compliance departments these days. If you have ever worked for a company with a powerful compliance department, then you will know how they operate ! If the big corporates decide that it would be too uncomfortable to be associated with F1 in the event that the bribery trial drags on for months and months, then Bernie will end up having to leave. Simple. Without the backing of the corporates, he is toast.
He must be tired by now for gods sake. He should step down and let that paragon of noble thinking , Jean Todt, take over.
Mercedes compliance dept. is looking after each and all importers, dealers and licencees and they have to look at BE as they dealt with him and still do in F1. If there is something wrong then Mercedes HAVE to act as otherwise Mr Zetsche will go to jail.
toppstuff said:
BSC said:
Exactly.
Today radio news in Germany reported that Mercedes is considering to pull out of F1 due to these things. Mercedes don't want to be part of it.
ETA article in well respected business newspaper Handelsblatt.
This is a pretty big deal.Today radio news in Germany reported that Mercedes is considering to pull out of F1 due to these things. Mercedes don't want to be part of it.
ETA article in well respected business newspaper Handelsblatt.
Edited by BSC on Tuesday 26th June 14:52
Big corporates have seriously powerful internal compliance departments these days. If you have ever worked for a company with a powerful compliance department, then you will know how they operate ! If the big corporates decide that it would be too uncomfortable to be associated with F1 in the event that the bribery trial drags on for months and months, then Bernie will end up having to leave. Simple. Without the backing of the corporates, he is toast.
He must be tired by now for gods sake. He should step down and let that paragon of noble thinking , Jean Todt, take over.
The problem for Mercedes is that the way they are set up means that spending vast amounts in F1 needs the okay of their board, which includes worker representation, some of whom are losing their jobs and some are not getting wage increases. Together with the fact that MSc is not performing I would suggest that there F1 programme is under threat.
Ecclestone has admitted to paying the money as a form of bribe. Or rather under the complex form of duress. I would think therefore that the association with Gribkowsky must harm him a great deal and, as you point out, compliance is important.
What is important is that this has the potential to harm F1. Ecclestone does it for the money. He is no enthusiast for the sport. F1 is in a very difficult period with the concord agreement being negotiated, the teams shuffling for power and influence, the sale of the rights and probably just as importantly, an emasculated FIA.
You would have to be very brave to predict the outcome. The only way the outcome could become more confusing is if it was fitted with Pirelli tyres.
Madmatt74 said:
He still saved the R's from the brink of collapse . . .
You seem to be suggesting that this was a good thing.toppstuff said:
BSC said:
Exactly.
Today radio news in Germany reported that Mercedes is considering to pull out of F1 due to these things. Mercedes don't want to be part of it.
ETA article in well respected business newspaper Handelsblatt.
This is a pretty big deal.Today radio news in Germany reported that Mercedes is considering to pull out of F1 due to these things. Mercedes don't want to be part of it.
ETA article in well respected business newspaper Handelsblatt.
Edited by BSC on Tuesday 26th June 14:52
Big corporates have seriously powerful internal compliance departments these days. If you have ever worked for a company with a powerful compliance department, then you will know how they operate ! If the big corporates decide that it would be too uncomfortable to be associated with F1 in the event that the bribery trial drags on for months and months, then Bernie will end up having to leave. Simple. Without the backing of the corporates, he is toast.
He must be tired by now for gods sake. He should step down and let that paragon of noble thinking , Jean Todt, take over.
Bernie made a payment to someone. It will have been declared some how in his accounts as a deal arrangement fee. The fact that the german didn't declare for tax and has gone to prison doesn't mean that Bernie will be implicated at all. You can't have been around at these levels and survived like he has without covering your tracks well.
David
Edited by XTR2Turbo on Tuesday 26th June 17:45
Tankman2 said:
Dare anyone post a photoshop picture of Bernie without the Syrup?
Actually, I am sure it is all his own hair and I didn't mean anything by the above comment.
All comments are meant in a light hearted and fun loving manner. Nothing contained herein is meant as a slight on the reputation or integrity of any persons previously mentioned or related to this article.
Unfortunately this is obviously NOT Bernie (ahem) but a work colleague who bears a striking facial resemblance so, just for you...Actually, I am sure it is all his own hair and I didn't mean anything by the above comment.
All comments are meant in a light hearted and fun loving manner. Nothing contained herein is meant as a slight on the reputation or integrity of any persons previously mentioned or related to this article.
No libel expressed or implied
Edited by smash on Tuesday 26th June 18:56
M@1975 said:
In most countries these are known as 'facilitation payments' they are still bribes though. Unfortunately bernie is a horrible little moneygrabbing git in my book. Saw a chance to make money and went for it in a very cynical way. I'd not be surprised if he actaully hated F1 and was just in it for the cash. He will never get banged up though.
His comments about international politics recently should have been enough for someone in the sport to publically denounce him and if he was around back in the golden ages of the sport the drivers would probably have walked out on it and him years ago.
What do you consider the Golden ages of F1 to be?His comments about international politics recently should have been enough for someone in the sport to publically denounce him and if he was around back in the golden ages of the sport the drivers would probably have walked out on it and him years ago.
David911RSR said:
What do you consider the Golden ages of F1 to be?
The problem is that there is a grave risk 2013 onwards will not be golden ages.I've followed F1 for some years and reckon that it is a wee bit up and down. There are good years and there are bad years. Politics are the major problem.
Balestre, an enthusiast for the sport, had favourites, treated the teams so badly that there was a serious threat of a breakway, embarrassed enthusiasts with his supposed nazi leanings and was eventually forced out when Ecclestone decided not to support him. Then there was Mosley who was not an enthusiast for the sport. Both caused major problems that led to periods of bronze. The only significant difference between them was that Mosley left the FIA in financial ruin.
For the rest, most of it has been a golden age in my opinion. That said, the best F1 manages is normally when those in authority keep their noses out of it. The strength of the sport is its most surprising attribute. There have been few years when it has not been seen as the pinnacle of motorsport, at least in this country.
toppstuff said:
This COULD lead to Bernie's departure from the scene however, an excuse for the little goblin to retire.
Big corporations simply cannot afford to be associated with this sort of thing these days. Shareholders hate it.
This could be the catalyst that sees Bernie step down, to avoid the sport getting headlines for all the wrong reasons. The money men could insist on it.
I think you will find Big corporations as well as the banking system are just as corrupt as Mr Ecclestone.Big corporations simply cannot afford to be associated with this sort of thing these days. Shareholders hate it.
This could be the catalyst that sees Bernie step down, to avoid the sport getting headlines for all the wrong reasons. The money men could insist on it.
As if the rules aren't corrupt already...
Hamilton runs out of fuel during Q3 qualifying = go to the back of the grid (24th place), don't even consider going to the back of Q3 (10th place)
Alonso stops in the middle of the track after the race, marshalls interfere with his car, has he run out of fuel? = let's just brush over this and pretend this never happened and he never stopped and he went straight to parc ferme
Maldonado goes off the track, rejoins by T-boning Hamilton who then loses his champion lead = well, that's just a minor offence since its Hamilton, let's demote Maldonado from 10th to 12th position.
Hamilton runs out of fuel during Q3 qualifying = go to the back of the grid (24th place), don't even consider going to the back of Q3 (10th place)
Alonso stops in the middle of the track after the race, marshalls interfere with his car, has he run out of fuel? = let's just brush over this and pretend this never happened and he never stopped and he went straight to parc ferme
Maldonado goes off the track, rejoins by T-boning Hamilton who then loses his champion lead = well, that's just a minor offence since its Hamilton, let's demote Maldonado from 10th to 12th position.
V8Dom said:
Bernie could always buy the prison???
An excellent scenario. In a sudden turn of fate, and outpouring of guilt, BE offers to plead guilty, only if the court is adjourned in Monaco. He is found guilty and sentenced to 5 years rehabilitation in a purpose built By now, of course, Mercedes have had enough and talked all of the other teams into joining them in a new championship, carefully named not to cause confusion. Formel Eins. (Anyone can see that it's not Formula One, it's spelled totally different innit. Even a dodgy car salesman from Bungay in Suffolk can see that.
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