RE: Banker admits 'accepting bribes' from Ecclestone
Discussion
thunderbelmont said:
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 However, there was prison and there was prison.
Chez Mosley for the internment was the governer's residence in the prison and other inmates cooked, cleaned (just as well given the lifestyle of the wife) and planted the garden with veg and fruit so that they could eat sans rationing.
Some MPs got confused and in 1943 thought the war had ended so campaigned to have Mosley and Mitford to be released.
So the blueprint for Ecclestone there. He could buy Holloway and Max could visit him and tell him what it was like in his day.
Derek Smith said:
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
Did Balestre not claim to have been French Resistance during the war? (Claim being the operative word apparently).I wonder if somewhere in the financial world at large, there has been a major transaction go ahead WITHOUT some or all of the parties invoved taking bribes/bungs/kick back/favours.
I love the bit in the report where the german guy says it took him a lot of time to come to terms with the fact that what he had done was to take a bribe. In fact he said that even now he struggles to see it as such.
That statement alone gives youa real insight into the minds of these people. They really do feel that they are above and beyond any form of accountability.
As for Bernie, everyone knows he is crooked, everyone knows he paid bribes. But he wont be held responsible for it. Its a shame really, Bernie did a fantastic job in getting rid of JM Balestre, but then ended up becoming exactly the same kind of person.
I love the bit in the report where the german guy says it took him a lot of time to come to terms with the fact that what he had done was to take a bribe. In fact he said that even now he struggles to see it as such.
That statement alone gives youa real insight into the minds of these people. They really do feel that they are above and beyond any form of accountability.
As for Bernie, everyone knows he is crooked, everyone knows he paid bribes. But he wont be held responsible for it. Its a shame really, Bernie did a fantastic job in getting rid of JM Balestre, but then ended up becoming exactly the same kind of person.
Vocal Minority said:
Derek Smith said:
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
Did Balestre not claim to have been French Resistance during the war? (Claim being the operative word apparently).Balestre was not involved in any ultra-right-wing political party in his youth, did not act as right hand man to the leader and was not arrested for taking offensive weapons to a demonstration.
As I said, it mirrors Mosley except for the women dressed in German military uniforms. There was no mention of 'We are 'Aryans' in the photograph of course, and there were no women dressed in what looked like concentration camp clothing checked for lice. Even so, our courts found that there was no nazi theme to Mosley's prostitute fest so he got £60,000 and we must respect that. So not quite the same.
Another big difference was that Balestre was a self-made man, bilding up a massive media empire before getting involved with the early incarnation of the FIA. Mosley came from a somewhat privileged background with fiends in authority around the world, such as Franco and his ilk.
I may have this crossed with another story (and apologies if its been mentioned - I havent read the whole thread), but...
IIRC, there was discussion somewhere that someone was threatening Bernie, and would raise a whole pile of trouble for him in relation to his other legitimate investments. Something to do with family trusts, and billions of dollars.
In light of that, Bernie paid the person basically to stop being screwed over. I think this is in the context of someone trying to extort Bernie.
He rationalised it as being a 40m payment to stop being hassled for hundreds of millions by hmrc? Or something. Thats my recollection of it anyway.
But if thats true, then it explains why there were payments. Bernie would say he was being extorted, and this other person might say it was a bribe.
He said / she said???
IIRC, there was discussion somewhere that someone was threatening Bernie, and would raise a whole pile of trouble for him in relation to his other legitimate investments. Something to do with family trusts, and billions of dollars.
In light of that, Bernie paid the person basically to stop being screwed over. I think this is in the context of someone trying to extort Bernie.
He rationalised it as being a 40m payment to stop being hassled for hundreds of millions by hmrc? Or something. Thats my recollection of it anyway.
But if thats true, then it explains why there were payments. Bernie would say he was being extorted, and this other person might say it was a bribe.
He said / she said???
Derek Smith said:
There was a photograph of him in SS uniform with Germans dressed the same. He said this was part of the career structure of the Resistance, presumanbly they had to capture a few Jews, homosexuals and Jehova Witnesses before being allowed to sabotage railways and such. A newspaper said he was a nazi - not nazi themed but a nazi - and Balestre sued. The libel laws are different in France but even so he 'won' the case and was awarded damages of 1 Franc. The judge was not a supporter of Eady.
Balestre was not involved in any ultra-right-wing political party in his youth, did not act as right hand man to the leader and was not arrested for taking offensive weapons to a demonstration.
As I said, it mirrors Mosley except for the women dressed in German military uniforms. There was no mention of 'We are 'Aryans' in the photograph of course, and there were no women dressed in what looked like concentration camp clothing checked for lice. Even so, our courts found that there was no nazi theme to Mosley's prostitute fest so he got £60,000 and we must respect that. So not quite the same.
Another big difference was that Balestre was a self-made man, bilding up a massive media empire before getting involved with the early incarnation of the FIA. Mosley came from a somewhat privileged background with fiends in authority around the world, such as Franco and his ilk.
This is did not know. It is very/not very interesting to hear what may/may not have/not taken place. If it did at all. Naturally. Balestre was not involved in any ultra-right-wing political party in his youth, did not act as right hand man to the leader and was not arrested for taking offensive weapons to a demonstration.
As I said, it mirrors Mosley except for the women dressed in German military uniforms. There was no mention of 'We are 'Aryans' in the photograph of course, and there were no women dressed in what looked like concentration camp clothing checked for lice. Even so, our courts found that there was no nazi theme to Mosley's prostitute fest so he got £60,000 and we must respect that. So not quite the same.
Another big difference was that Balestre was a self-made man, bilding up a massive media empire before getting involved with the early incarnation of the FIA. Mosley came from a somewhat privileged background with fiends in authority around the world, such as Franco and his ilk.
Please don't sue.
zebedee said:
Sicob said:
Still; Bernie has made F1 what it is today. Ok, a little too much control, and you could argue too much commercial consideration undoubtedly. But I think the breadth of coverage, tracks and the spectacle it is, is a lot down to him.
(nb doesnt really justify bribery if that's the case. Anyhow he can pay off anyone who disagrees).
what something that has disappeared so far up its own arse that no-one actually notices they aren't RACING anymore or don't seem to care? It isn't a spectacle watching Hamilton do 4 seconds a lap quicker than Alonso because of some tyres he had to use such that there is no actual tussle when it comes to the overtake. And breadth of coverage? Yes, well done Bernie, for the first time in my life I can't watch live Grand Prix (even if I wanted to). Bravo.(nb doesnt really justify bribery if that's the case. Anyhow he can pay off anyone who disagrees).
http://www.google.co.uk/products/catalog?q=bernie+...
He's as corrupt and started off from being as much a gangster Capone ever was and hasn't changed, he now just has the money to make it all look legal, read the book.........
He's as corrupt and started off from being as much a gangster Capone ever was and hasn't changed, he now just has the money to make it all look legal, read the book.........
cjb1 said:
http://www.google.co.uk/products/catalog?q=bernie+...
He's as corrupt and started off from being as much a gangster Capone ever was and hasn't changed, he now just has the money to make it all look legal, read the book.........
Might just read it, thanks.He's as corrupt and started off from being as much a gangster Capone ever was and hasn't changed, he now just has the money to make it all look legal, read the book.........
Sicob said:
Still; Bernie has made F1 what it is today. Ok, a little too much control, and you could argue too much commercial consideration undoubtedly. But I think the breadth of coverage, tracks and the spectacle it is, is a lot down to him.
(nb doesnt really justify bribery if that's the case. Anyhow he can pay off anyone who disagrees).
I think I'd prefer Formula One the way it was...(nb doesnt really justify bribery if that's the case. Anyhow he can pay off anyone who disagrees).
Sicob said:
Yeah, yeah. Point taken. But his daughters are super fit.
If his daughters weren't dressed head to toe in expensive get up you would walk past them in the street, they aren't anything to write home about at all.Edited to add just looked at them again and they look almost alien. Not my cup of tea at all.
Edited by zebedee on Wednesday 27th June 17:21
toppstuff said:
Sicob said:
Yeah, yeah. Point taken. But his daughters are super fit.
When you look at them through the lens of the fact they are heiress to billions, it really does'nt matter what they look like.Vacuous products of our age unfortunately.
Gribkowsky convicted, 8 1/2 years.
http://www.telegraph.co.uk/finance/financial-crime...
So how does his (admitted?) guilt affect Ecclestone?
Can someone clarify for me the following?
Ecclestone has admitted making payments to an admitted fraudster. These payments would, given Ecclestone's evidence, appear to be improper to me, but then I'm not to hot on such things. Can anyone say if this is so?
Further, from my reading, Ecclestone admitted to not paying all that was due with regards to taxes. Have I got this right?
One would assume that these payments would have to be decalred somewhere. So were they? I mean, they could hardly be put down to incidental expenses.
How does this lie with the fit and proper person requirement in the FIA's rules that was brought in after Piquet drove across a circuit?
I would assume this would have some ripples with regards the floatation, not to mention the civil case against Ecclestone.
I think Mercedes have been looking for a way out of GP racing. This would give them the moral high ground. There's the new regs which would cost them a fair bit to produce engines/chassis/aerodynamics for.
Or will it all be hushed up and washed away like the other scandals in F1?
http://www.telegraph.co.uk/finance/financial-crime...
So how does his (admitted?) guilt affect Ecclestone?
Can someone clarify for me the following?
Ecclestone has admitted making payments to an admitted fraudster. These payments would, given Ecclestone's evidence, appear to be improper to me, but then I'm not to hot on such things. Can anyone say if this is so?
Further, from my reading, Ecclestone admitted to not paying all that was due with regards to taxes. Have I got this right?
One would assume that these payments would have to be decalred somewhere. So were they? I mean, they could hardly be put down to incidental expenses.
How does this lie with the fit and proper person requirement in the FIA's rules that was brought in after Piquet drove across a circuit?
I would assume this would have some ripples with regards the floatation, not to mention the civil case against Ecclestone.
I think Mercedes have been looking for a way out of GP racing. This would give them the moral high ground. There's the new regs which would cost them a fair bit to produce engines/chassis/aerodynamics for.
Or will it all be hushed up and washed away like the other scandals in F1?
Edited by Derek Smith on Wednesday 27th June 23:07
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