About those evil, evil bankers

[CommanderJameson]

The government lent them a lot of money, yes?

And some of it is bound to have been paid back by now, yes?

So can anyone help me out by telling me how much money they've paid back, and if it's a substantial fraction of the loan, why such repayments have not been reported with the fanfare accorded to the original loans?

[joe_90]

hahahahahhahah
haha
hahah

childish I know, but I doubt they have paid back a single penny in real terms..

[Bing o]

Nope, we've been carrying on as usual, travelling the world in forst class, pissing it up on expensive champagne, and snorting coke off the pert breasts of eastern european hookers, all thanks to you guys, the mugs taxpayers.

[andy400]

Bing o said:

Nope, we've been carrying on as usual, travelling the world in forst class, pissing it up on expensive champagne, and snorting coke off the pert breasts of eastern european hookers, all thanks to you guys, the mugs taxpayers.

What's 'forst class'? Is it better than first? I think we should be told. bds.

[Bing o]

andy400 said:

Bing o said:

Nope, we've been carrying on as usual, travelling the world in forst class, pissing it up on expensive champagne, and snorting coke off the pert breasts of eastern european hookers, all thanks to you guys, the mugs taxpayers.

What's 'forst class'? Is it better than first? I think we should be told. bds.

Sorry, I seem to have an Irish keyboard....

[silverMX]

I think forst is a typo, and I was going to explain that it was made because bankers are thick as st.

But then my iPhone auto-corrected the mistake. That means bankers must be getting paid less, if I can afford one and he can't! Happy with that!

Edited by silverMX on Thursday 19th August 09:08

[andy400]

Bing o said:

andy400 said:

Bing o said:

Nope, we've been carrying on as usual, travelling the world in forst class, pissing it up on expensive champagne, and snorting coke off the pert breasts of eastern european hookers, all thanks to you guys, the mugs taxpayers.

What's 'forst class'? Is it better than first? I think we should be told. bds.

Sorry, I seem to have an Irish keyboard....

To be sure, to be sure....

[marsred]

anonymous said:

[redacted]

There must be some kind of graph you can use that overlays the frequency of spending / benefit cut reports onto the number of 'nasty bankers' stories and threads. It'd be useful to show kids what the word 'correlation' means.

[Bing o]

silverMX said:

I think forst is a typo, and I was going to explain that it was made because bankers are thick as st.

But then my iPhone auto-corrected the mistake. That means bankers must be getting paid less, if I can afford one and he can't! Happy with that!

Edited by silverMX on Thursday 19th August 09:08

iPhone's are like clitoris', every s got one.

Much like MX5's actually....

[ringram]

Factor in the economic rents they extract from the economy while providing hardly anything in productive terms and you are looking at massive theft and fraud on a huge scale. Legislate them into zero risk utilities!

Not my words, but discussed at length in the FSA's recent publication "The future of finance"

http://www.fsa.gov.uk/pages/Library/Communication/...

[silverMX]

Bing o said:

silverMX said:

I think forst is a typo, and I was going to explain that it was made because bankers are thick as st.

But then my iPhone auto-corrected the mistake. That means bankers must be getting paid less, if I can afford one and he can't! Happy with that!

Edited by silverMX on Thursday 19th August 09:08

iPhone's are like clitoris', every s got one.

Much like MX5's actually....

Fair one. I do hope you noticed the 'I'm not being that serious' smiley though...

[Bing o]

silverMX said:

Bing o said:

silverMX said:

I think forst is a typo, and I was going to explain that it was made because bankers are thick as st.

But then my iPhone auto-corrected the mistake. That means bankers must be getting paid less, if I can afford one and he can't! Happy with that!

Edited by silverMX on Thursday 19th August 09:08

iPhone's are like clitoris', every s got one.

Much like MX5's actually....

Fair one. I do hope you noticed the 'I'm not being that serious' smiley though...

I did, and I should have added one myself, especially as I do have an iPhone, I'm just buggered if I'm data roaming in Singapore on a UK contract

[Trommel]

joe_90 said:

hahahahahhahah
haha
hahah

childish I know, but I doubt they have paid back a single penny in real terms..

They didn't actually receive a penny in real terms.

[ZondaMark]

ringram said:

...hardly anything in productive terms...

Can you substantiate this?

ringram said:

Legislate them into zero risk utilities!

Something tells me you don't realise what this actually means in practice.

ringram said:

Not my words, but discussed at length in the FSA's recent publication "The future of finance"

Well if the FSA says so it must be right then. After all, they've never got it wrong before, have they? And of course, they've no reason to jump on the banker-bashing bandwagon, have they?

[marsred]

ZondaMark said:

ringram said:

...hardly anything in productive terms...

Can you substantiate this?

ringram said:

Legislate them into zero risk utilities!

Something tells me you don't realise what this actually means in practice.

ringram said:

Not my words, but discussed at length in the FSA's recent publication "The future of finance"

Well if the FSA says so it must be right then. After all, they've never got it wrong before, have they? And of course, they've no reason to jump on the banker-bashing bandwagon, have they?

Whoooosh.

[ringram]

ZondaMark said:

ringram said:

...hardly anything in productive terms...

Can you substantiate this?

ringram said:

Legislate them into zero risk utilities!

Something tells me you don't realise what this actually means in practice.

ringram said:

Not my words, but discussed at length in the FSA's recent publication "The future of finance"

Well if the FSA says so it must be right then. After all, they've never got it wrong before, have they? And of course, they've no reason to jump on the banker-bashing bandwagon, have they?

Get a copy of the FSA PDF dude. Its widely accepted that banks extract more than they give to the economy. See pragcap.com, zerohedge.com and other sites for more info. There are articles by central bankers, Phd's and others more qualified than I (or likely you) to comment.

Anyway Ill let the govt and the FSA.. while it lasts, wield the axe. Its time to restructure the economy to more productive means. That does not mean banking IMO!

[NoelWatson]

ringram said:

Its widely accepted that banks extract more than they give to the economy. See pragcap.com, zerohedge.com and other sites for more info. There are articles by central bankers, Phd's and others more qualified than I (or likely you) to comment.

Central banker qualified? They caused this mess

How does a Phd give you more qualification to speak about these things?

[markh1]

ringram said:

the FSA's recent publication "The future of finance"

http://www.fsa.gov.uk/pages/Library/Communication/...

If only the FSA actually knew anything about the industry they regulated...

[ringram]

NoelWatson said:

ringram said:

Its widely accepted that banks extract more than they give to the economy. See pragcap.com, zerohedge.com and other sites for more info. There are articles by central bankers, Phd's and others more qualified than I (or likely you) to comment.

Central banker qualified? They caused this mess

How does a Phd give you more qualification to speak about these things?

Sure the blame needs to be shared. But the facts remain, the banks were/are insolvent. Fractional reserve system, dodgy securitisation, bad loans etc may be encouraged by the central banks, but ultimately the results sit on the banks balance sheets. They had a free choice too.

[NoelWatson]

ringram said:

the banks were/are insolvent.

Can you be more specific on which banks are insolvent please?