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this is discraceful

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Dave Rogers:

--- Quote from: carbore on February 09, 2009, 14:42:19 ---The problme with getting annoyed about this sort of thing is this.

If they make a lot of profit this is "disgraceful" if they make a loss and need to be bailed out thats also "disgraceful", so we are saying that they should make "just the right amount of profit please". Buy exactly how much is that, 8bn is a lot of cash, but what is it as a percentage of fund held, % of turnover, as £'s per customer of relating to profits in UK domestic banking.  Unless the number can be put into context they just seem like lots of money. Even if they did make "a nice sounding amount, not too much but ok" then unless you know HOW they made it thats no use, they could have been on for 8dn but decided to spend 7.5bn on a diamond encrusted directors washroom depreciated over 6months in order to show an overll profit of .5bn.


So perhaps we should appoint a regulator to look at the books and tell us all its ok. Well if you want more government intervention in everything, and to have to pay text £ to support an army of civil servants then yes. Unfortunately we live in "Something must be done about this" Britan and constantly ask Mr Brown (and before him Blair) to "Sort it out" creating the UK we live in where you cant move for laws, targets, inspectorates and massaged statistics.

IF yo have an account with Barclays cancel it. If not then wait for your banks results and decide who you trust with your cash (im thinking of the co-op).



--- End quote ---

At least with the Co Op, you know where your money is being invested, in ETHICAL markets....................
Barclays fund south african regimes including that moron Magabe (my opinion of coures!)

There's only one absolute certainty, money generates greed and money is the aim of many people. ergo, they are greedy. Which sums up many of the bankers responsible for this mess are currently finding themselves on the dole que.
The question we have to ask ourselves is;
Can we afford the high rollers ??

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