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Sounds rather like BoE / FSA sour grapes because Barclays was able to avoid state / regulator interference ! 

Whatever the technicalities, until the UK regulators can attribute real fault to bankers for the causes of the crash,  the failure of politicians, treasury, BoE and regulators to operate a well-balanced and well-regulated banking system must remain with the state. Scapegoating individual banks / bankers for their enterprising actions to avoid being sucked in to state ownership / control seems rather vindictive and inappropriate.

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3 hours ago, craggy_steve said:

Sounds rather like BoE / FSA sour grapes because Barclays was able to avoid state / regulator interference ! 

Whatever the technicalities, until the UK regulators can attribute real fault to bankers for the causes of the crash,  the failure of politicians, treasury, BoE and regulators to operate a well-balanced and well-regulated banking system must remain with the state. Scapegoating individual banks / bankers for their enterprising actions to avoid being sucked in to state ownership / control seems rather vindictive and inappropriate.

So that cheeky chappie Fred Goodwin from RBS fully deserves his £300,000  +++  pension and isn't a crook as some maintain ?

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3 hours ago, craggy_steve said:

Sounds rather like BoE / FSA sour grapes because Barclays was able to avoid state / regulator interference ! 

Whatever the technicalities, until the UK regulators can attribute real fault to bankers for the causes of the crash,  the failure of politicians, treasury, BoE and regulators to operate a well-balanced and well-regulated banking system must remain with the state. Scapegoating individual banks / bankers for their enterprising actions to avoid being sucked in to state ownership / control seems rather vindictive and inappropriate.

Details of the charges or allegations are on line. They are charged with fraud / conspiracy to defraud depending on what you read but it allegedly involves things you should not do whatever your business ie False representation and unlawful financial assistance...

I mean if I borrow from you a big sum...Bung you some back as a "nice little earner for services rendered" and then lend you a big sum to buy shares in my possibly failing business and thereby keeping the shares up then I am a naughty boy whoever I am...Nothing to do with malicious prosecution for dodging the need to be bailed out by a Labour Govt etc.

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6 hours ago, craggy_steve said:

Sounds rather like BoE / FSA sour grapes because Barclays was able to avoid state / regulator interference ! 

Whatever the technicalities, until the UK regulators can attribute real fault to bankers for the causes of the crash,  the failure of politicians, treasury, BoE and regulators to operate a well-balanced and well-regulated banking system must remain with the state. Scapegoating individual banks / bankers for their enterprising actions to avoid being sucked in to state ownership / control seems rather vindictive and inappropriate.

It's the SFO bringing charges. Not The Bank or the regulator. And they are not being accused of responsibility for the crash but with fraud during the same period.

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1 hour ago, pongo said:

It's the SFO bringing charges. Not The Bank or the regulator. And they are not being accused of responsibility for the crash but with fraud during the same period.

Correct, they are being charged with accepting a £2bn loan from the Quataris and then finding ingenious ways of funneling a lot of the same money back to them via various transactions. 

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My prediction is no one will get convicted. Solely because a lump of the jury won't really understand the ins and outs of the crime so won't want to call guilty. These sorts of crimes need specialist juries.

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