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Banksters

Banksters

How to tame a gang of ‘banksters'

Travis Kelly   Free Press  28 September 2012

According to the conventional wisdom universally voiced a few years ago, Iceland should have sunk into the ocean by now, an economic Titanic beyond hope of redemption. Because, unlike the U.S. and most of Europe, Iceland refused to bail out its nest of banksters, who had run up liabilities 11 times the size of the nation's whole economy.

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When are banksters going to be punished?

Michael Meacher MP   Labour MP for Oldham West and Royton   September 23rd, 2012

Peter Cummings (you won’t have heard of him – that’s the point) is, singled out alone, taking the rap for the misdeeds of the whole banking class and their behaviour, arrogant and reckless at worst and severely negligent at the very least, which has impoverished the great majority of British people (virtually everybody except themselves) for the last 5 years and probably for the next 5 years too.

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'Pony-up' Banksters: Breach of Continuous Disclosure Rules - Comply (ASIC)

 Andy     Banking & Finance Consumers Support Association (inc)    05 September 2012

ASIC chairmen, Mr Greg Medcalf said: " companies must disclose bad news immediately. Whilst impairment calculations may be complex, directors can play an important role in questioning the appropriateness of cash flows used & key assumptions ,having regard to KNOWLEDGE of the BUSINESS and the ENVIRONMENT of which it OPERATES. "

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