David Cameron & Greensil Panorama tonight

[tescorank]

How does this slimeball survive, pocketing $10m and UK Goverment backing £320mil of loans.

So it would appear that Greensill factored non existent invoices that may have cost Credit Suisse and investors £5 billion.

https://www.bbc.co.uk/news/uk-58149765

Cameron seems to has disgraced himself once again and just walked away.


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Edited by tescorank on Monday 9th August 20:54

[crankedup5]

He has broken no laws, to smart to do that.

[55palfers]

It's time this sort of "old chums" lobbying on the behalf of big business was stopped.

Mr and Mrs Average have zero chance of of being heard in such a manner.

[tescorank]

I’d like to think Mr & Mrs Average have morals.

[Mikebentley]

Wow, £350 million to 8 companies owned by the same person 80% underwritten by the UK Gov. All the time Dave was taking his cut.

[amgmcqueen]

Dodgy Dave!

[neutral 3]

I believe that this slime ball married into the Astors.......

[Benni]

A lot of german councils are deep into the red ( and into the ste ) now, taxpayers money is lost,

having dealt with Greensill....if interest rates are too good to be true then they might not be true.

[Gecko1978]

Christ on a bike MPs have been doing this for years usally after they left parliment but current lot have decided not to wait till then. The only reason this came out is perhaps bojo and Cameron don't get on else he would have got all he asked for.

The state is laughing at us every time they have a subsidised fine dining experience at Westminster and a nurse same day goes to a food bank.

Every time you wonder if the £6 a week you can claim wfh will cover the electric think of the poor MP who can expense every aspect of there working day which happens to be 24/7.

They are laughing at us all

[Unknown_User]

£7,000,000.00...!!!! Christ on a bike, the pure greed is utterly staggering......

https://www.bbc.co.uk/news/uk-58149765

And for a bit of perspective

David Cameron said:

I'm proud the National Living Wage comes into force today. It requires employers to pay workers over 25 at least £7.20 per hour.

And for a bit more perspective........
It would take a person on an average salary of £30k pa a mere 233yrs to earn that amount.

I wonder if our current PM is a trifle miffed he missed out on the Greensill free for all? Tories, you gotta love 'em!

Winston Churchill said:

“…a party of vested interests, banded together in a formidable confederation, corruption at home, aggression to cover it up abroad, the trickery of tariff juggles, the tyranny of a party machine; sentiment by the bucketful, patriotism by the imperial pint, the open hand at the public exchequer, the open-door at the public house, dear food for the million, cheap labour for the millionaire”

I think Sir Winston Churchill was bang on when he said that of the tories.

[carinaman]

neutral 3 said:

I believe that this slime ball married into the Astors.......

The female American WW2 MP?

[anonymous-user]

You do have to question why anybody wants to become an MP in the first place although I think this situation answers that question.

[Gecko1978]

Unknown_User said:

£7,000,000.00...!!!! Christ on a bike, the pure greed is utterly staggering......

https://www.bbc.co.uk/news/uk-58149765

And for a bit of perspective

David Cameron said:

I'm proud the National Living Wage comes into force today. It requires employers to pay workers over 25 at least £7.20 per hour.

And for a bit more perspective........
It would take a person on an average salary of £30k pa a mere 233yrs to earn that amount.

I wonder if our current PM is a trifle miffed he missed out on the Greensill free for all? Tories, you gotta love 'em!

Winston Churchill said:

“…a party of vested interests, banded together in a formidable confederation, corruption at home, aggression to cover it up abroad, the trickery of tariff juggles, the tyranny of a party machine; sentiment by the bucketful, patriotism by the imperial pint, the open hand at the public exchequer, the open-door at the public house, dear food for the million, cheap labour for the millionaire”

I think Sir Winston Churchill was bang on when he said that of the tories.

Like I said MPs are laughing at me an you. From Marhi Black and her tweets about all the great restaurants at Westminster to former PMs getting millions via goverment funded projects. They are laughing at us.

[DeejRC]

The factoring thing I don’t have much of a problem with. It has been a methodology for 100s of years. It is a relatively efficient solution to an aspect of govt inefficiency. When it works properly.

Greensil it appears got themselves very greedy too quickly and couldn’t cover the money. CMD taking his cut and pocketing up to £7m though was just bloody stupid. Take a £100k salary for your part time work and your accountant will make it work for you very easily. Take millions and it’s going to go tits up for you sooner rather than later. Have the tax questions started yet, on what he declared etc?

Capitalism works when ppl aren’t stupid enough to be too greedy. Things fall over when that stops.

[Rivenink]

How does he survive?

He went to Eton.

He's in the public school boy network that has men in all the right positions of power.

[DeejRC]

What do you mean by survive?

[Derek Smith]

neutral 3 said:

I believe that this slime ball married into the Astors.......

Lady Astor, the one who criticised the troops who fought up Italy from 1943 to '45, costing the lives of possibly 70,000 allied troops. Whether she used the term D-Day dodgers is unknown, but likely. We had a regular in our cells at a nick who'd gone through North Africa and then onto Italy. He was the only one of his unit who wasn't killed or seriously injured. He would rant, and say, 'Don't let me start on Lady bloody Astor,' and I didn't.

Not all of the posh, public school educated (protected?) have contempt for us plebs and the laws, but it appears that many do. They are taught that they are different, that they are the blessed and are entitled, in more ways than one. There was a book review in The Guardian on the methods of public schools. It £10, so I'll probably wait until it is remaindered.

I was friendly with a rather rich family. He'd gone to public school and she was of posh stock. I liked them and enjoyed being with them, not only because they had a great big swimming pool overlooking a marina. I had to stop seeing him for a period as he was nicked, something to do with his company's finances. My wife still went to see them as, she felt, they needed normalcy.

She'd told my wife of some ongoing problems hubby had experienced when boarding at public school, down to a form of bullying. He didn't mention anything to me. However, you can imagine my surprise to be told that their eldest, 8 or 9 I think, was off to boarding school. He was found guilty, hit with a fine that to me was massive, but it allowed enough in his kitty to keep both his kids at public school and the swimming pool.

[Eric Mc]

The creation of false assets (in this case, non-existent debtors i.e unpaid sales invoices) is out and out fraud - and similar to some of the shenanigans utilised by Enron.

[DeejRC]

I freely and happily bow to you on this stuff Eric, it is far more your area of expertise than mine. My understanding was Greensil fell into the well worn trap of running too hard too fast, then had to play a more exotic version of the 3 cup pea game to keep afloat.

[BOR]

Gecko1978 said:

The state is laughing at us every time they have a subsidised fine dining experience at Westminster and a nurse same day goes to a food bank.

Every time you wonder if the £6 a week you can claim wfh will cover the electric think of the poor MP who can expense every aspect of there working day which happens to be 24/7.

They are laughing at us all

They're quite right to laugh at us.

They know if there was an election tomorrow, millions of thick, lumpen, gullible, racist, potless nothern red-wallers would crawl over broken glass to vote for Boris "legend" Johnson.

We got what we deserved.