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-   -   Rogue Trader Bankrupts UK Economy (https://gfy.com/showthread.php?t=882776)

Vendot 01-20-2009 12:24 PM

Rogue Trader Bankrupts UK Economy
 
http://news.stv.tv/scotland/59682-si...-in-the-world/

http://findarticles.com/p/articles/m..._/ai_n31131550

OK he's not a rogue trader, he's a banker but he may as well be because he built RBS into one of the most leveraged institutions in the world (1.9 Trillion institution) which now looks like it could single handedly wreck the UK economy. One of the biggest mistakes he made was over paying for an acquisition (ABN Amro) which was waylaid in subprime debt. Gordon brown ripped on him yesterday but I personally think that man should be jailed.

Anyone stupid enough to still be holding UK currency?

Sir Fred Goodwin.... FUCKER!!!! :321GFY

HorseShit 01-20-2009 12:39 PM

great success!

Sarah_Jayne 01-20-2009 12:51 PM

The NHS is going to be bankrupt from giving out anti-depressants. I think I am going to go get mine. At least I will be happy in my cardboard box.

halfpint 01-20-2009 12:56 PM

Theres a huge big black hole and the UK is being sucked into it at hyper speed

Vendot 01-20-2009 01:01 PM

Regular hard working people all over the country are losing their jobs and most average people on the street dont even really understand whats going on.

Its a fucking disgrace what these bankers have done....... they should be shot. Its even worse what the government did in failing to build a cushion (ie surplus) or think about the problems and recognise the bubble instead of focusing on dimwitted shit, labour spin, political scandals and other crap. The media was harping on about excessive debt for a long, long time - we read about it in the papers every other week but nothing was done.

Agent 488 01-20-2009 01:02 PM

Gordon Brown brings Britain to the edge of bankruptcy

http://www.telegraph.co.uk/comment/c...ankruptcy.html

just a bunch of frauds, liars and idiots all around ....

halfpint 01-20-2009 01:08 PM

Quote:

Originally Posted by Vendot (Post 15362023)
Regular hard working people all over the country are losing their jobs and most average people on the street dont even really understand whats going on.

Its a fucking disgrace what these bankers have done....... they should be shot. Its even worse what the government did in failing to build a cushion (ie surplus) or think about the problems and recognise the bubble instead of focusing on dimwitted shit, labour spin, political scandals and other crap. The media was harping on about excessive debt for a long, long time - we read about it in the papers every other week but nothing was done.

:2 cents:

teomaxxx 01-20-2009 01:46 PM

Quote:

Originally Posted by Vendot (Post 15361596)
http://news.stv.tv/scotland/59682-si...-in-the-world/

http://findarticles.com/p/articles/m..._/ai_n31131550

OK he's not a rogue trader, he's a banker but he may as well be because he built RBS into one of the most leveraged institutions in the world (1.9 Trillion institution) which now looks like it could single handedly wreck the UK economy. One of the biggest mistakes he made was over paying for an acquisition (ABN Amro) which was waylaid in subprime debt. Gordon brown ripped on him yesterday but I personally think that man should be jailed.

Anyone stupid enough to still be holding UK currency?

Sir Fred Goodwin.... FUCKER!!!! :321GFY


the problem with those leaders are, they dont know that there is a way how to deal with such situations, called BK. I see UK is on the way to the Iceland, if they nationalized their banking industry (in order to save it).
once they fully nationalized banks in the Iceland, everyone knew that Iceland is BK too...
it would be much wiser to make a banking holiday in the whole world, put all those dead banks who are pretending to be ok in the bankrupcy and put the money into cca. 10% rest banks bank who can surive current mess. BUT DONT PUT MONEY INTO BIG BLACK HOLES aka 90% of banks nowadays.

But the US and UK leaders are too contected to big banksters, instead of jails, they are rather putting money in black holes....

Vendot 01-20-2009 05:22 PM

Quote:

Originally Posted by teomaxxx (Post 15362438)

But the US and UK leaders are too contected to big banksters, instead of jails, they are rather putting money in black holes....

Yeah banksters, thats exactly what they are....... I really hope they lock him up.

http://www.mailonsunday.co.uk/news/a...-disaster.html


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