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BrilloPad
8th August 2012, 10:34
Three British banks have been targeted by US regulators in a month. Isn (http://blogs.telegraph.co.uk/news/davidhughes/100175343/three-british-banks-have-been-targeted-by-us-regulators-in-a-month-isnt-that-a-bit-fishy/)

Is this a concerted effort to try to take the global finance industry back?

Or are London based banks able to mess things up without assistance?

Sysman
8th August 2012, 10:50
Probably. They have been doing it every now and again for years.

Remember Lloyds of London going bust? I didn't realise it at the time, but they had severely p*ssed off the Yanks several years before (http://en.wikipedia.org/wiki/Lloyd%27s_of_London#1988.E2.80.9396).

Scoobos
8th August 2012, 13:22
The organisation doing the attacking was only formed a year ago, has only really become "operational" in the last 3 months or so.

NYSDFS: History (http://www.dfs.ny.gov/about/history.htm)

What they fail to add, is that nearly all the ruddy banks (in the USA) are doing the same thing and have been for years.

Yet another scandal, though no one truely believed that banks weren't making money in "enemy "countries anyway, did they?

NickFitz
8th August 2012, 14:20
A bunch of crooks thought they were too clever to get caught, but they were wrong.

Happens all the time. No need for conspiracy theories. Just more examples of the Dunning-Kruger effect (http://en.wikipedia.org/wiki/Dunning–Kruger_effect).

Mich the Tester
8th August 2012, 14:27
Is this a concerted effort to try to take the global finance industry back?

Or are London based banks able to mess things up without assistance?

Yes

Yes

gingerjedi
8th August 2012, 14:32
Three British banks have been targeted by US regulators in a month. Isn (http://blogs.telegraph.co.uk/news/davidhughes/100175343/three-british-banks-have-been-targeted-by-us-regulators-in-a-month-isnt-that-a-bit-fishy/)

Is this a concerted effort to try to take the global finance industry back?

Or are London based banks able to mess things up without assistance?

They can have it, time to change tack.

Malcolm Buggeridge
8th August 2012, 14:49
I doubt that this is happening. If it is then it's what we are supposed to believe. A mere smokescreen, a mirage.

Remember, the global finance industry is all under the control of the same group of lizards.

BA to the Stars
8th August 2012, 15:14
I doubt that this is happening. If it is then it's what we are supposed to believe. A mere smokescreen, a mirage.

Remember, the global finance industry is all under the control of the same group of lizards.

Zeity is my bank manager :grey :alien

OwlHoot
8th August 2012, 15:30
They can have it, time to change tack.

To what?

Manufacturing and coal mining? :rollin:

bobspud
8th August 2012, 18:57
This is a concerted smoke screen by the US. Just take a look for another US bank or ten up to no good in the background... S & C have still been flipping silly and will be lucky to avoid jail time but then there is something else going on further away from them...

Bunk
8th August 2012, 19:54
To what?

Manufacturing and coal mining? :rollin:

I've got it! We'll build ships :eyes

gingerjedi
8th August 2012, 22:05
To what?

Manufacturing and coal mining? :rollin:


Maybe something that's less likely to bring the country to its knees for 5 straight years (with no end in sight) would be a start. :rolleyes:

I for one don't think it's wise to have all the UK's eggs in the finance basket.

Gentile
8th August 2012, 22:08
I've got it! We'll build ships :eyes

Most people can't even manage to ship builds.