Are we really so stupid that banks, cable companies and cell phone providers can just change names
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Are we really so stupid that banks, cable companies and cell phone providers can just change names
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Sirius B   Send message Joined: 26 Dec 00 Posts: 24879 Credit: 3,081,182 RAC: 7 
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Governments, banks, organisations, Institutes...they're never wrong! However, they ALL do have one thing in common...... ID: 1149565 ·  |
 Dr Imaginario Send message Joined: 10 Aug 11 Posts: 172 Credit: 22,735 RAC: 0 
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Sirius, can you please elaborate your last statement? Thanks mate ID: 1149674 · |
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Sirius B Send message Joined: 26 Dec 00 Posts: 24879 Credit: 3,081,182 RAC: 7
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Sirius, can you please elaborate your last statement? You surprise me Doc...you have made some excellent posts elsewhere on this forum.... the answer is very simple..... PEOPLE ID: 1149694 · |
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Dr Imaginario Send message Joined: 10 Aug 11 Posts: 172 Credit: 22,735 RAC: 0
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sorry for the surprise, guess my brain cells went out on vacation for a few hours ;) anyway thanks for the reply sirius... Cheers ID: 1149713 · |
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Sirius B Send message Joined: 26 Dec 00 Posts: 24879 Credit: 3,081,182 RAC: 7
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sorry for the surprise, guess my brain cells went out on vacation for a few hours ;) No problem. you're welcome. ID: 1149714 · |
soft^spirit  Send message Joined: 18 May 99 Posts: 6497 Credit: 34,134,168 RAC: 0 
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Governments, banks, organisations, Institutes...they're never wrong! so do angry mobs. Janice ID: 1149798 · |
bobby  Send message Joined: 22 Mar 02 Posts: 2866 Credit: 17,789,109 RAC: 3
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Governments, banks, organisations, Institutes...they're never wrong! And internet based forums ... I think you'll find it's a bit more complicated than that ... 
ID: 1149809 · |
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Sirius B Send message Joined: 26 Dec 00 Posts: 24879 Credit: 3,081,182 RAC: 7
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Governments, banks, organisations, Institutes...they're never wrong! Exactly...so where does that leave us as indivduals? ID: 1149816 · |
Gary Charpentier     Send message Joined: 25 Dec 00 Posts: 30639 Credit: 53,134,872 RAC: 32
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Exactly...so where does that leave us as indivduals? Several expletives deleted! 
ID: 1149836 · |
John Clark  Send message Joined: 29 Sep 99 Posts: 16515 Credit: 4,418,829 RAC: 0 
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and being shown how the corporates, banks, politicians and all other institutions screw us all the time. We must be as dim as cabbages collectively. At least cabbages have a useful function when eaten. It's good to be back amongst friends and colleagues  
ID: 1149842 · |
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Sirius B Send message Joined: 26 Dec 00 Posts: 24879 Credit: 3,081,182 RAC: 7
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Exactly...so where does that leave us as indivduals? I can guess....LMAO ID: 1149844 · |
Michael John Hind  Send message Joined: 6 Feb 07 Posts: 1330 Credit: 3,632,028 RAC: 0
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Governments, banks, organisations, Institutes...they're never wrong! Still as individuals I hope? ID: 1149846 · |
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bobby Send message Joined: 22 Mar 02 Posts: 2866 Credit: 17,789,109 RAC: 3
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While those in the UK have their attention diverted with the goings on at Dale Farm (Google hits for: Dale Farm Travellers > 3,000,000), the Vickers Report on UK banking (Google hits for: Vickers Report Banking < 1,000,000) has been published. "Ring fencing" and "governance" appear to be the watch words. Or as Private Eye puts is (in 1297): Private Eye wrote: Instead of breaking up the banks, the chancellor will (after a suitably lengthy period of lobbying, sorry "consultation") bring in vastly complex rules on what go inside a retail banking ring-fence and what must definitely not. Happily for the banks, these are just the kind of rules that, once the spotlight is re-directed, can be relaxed in time for the next crisis. In the UK it seems, name changes are not even necessary ... I think you'll find it's a bit more complicated than that ...
ID: 1157181 · |
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Michael John Hind Send message Joined: 6 Feb 07 Posts: 1330 Credit: 3,632,028 RAC: 0
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Bob, the only way these banks and the government too will learn is if the whole banking lot goes to the wall. When banks stopped being privately owned and became owned by the financial institutions a collapse sometime was always going to be on the cards. Institutional owners look for high profits to boost their share values and the company C.O's look for high profits too to enable them to be awarded big bonuses. So one feeds off the other and in time the only way to keep boosting these profits is for the banks to take greater and greater risks. I have never liked the way C.O's and company directors feel that they should be remunerated to that level that a company owner would be remunerated. I don't think that most of the C.O's these days actually understand the businesses that they are put in charge of. Most are just very good managers with not much business flare and tend to get directed by institutional investors especially on take-overs and mergers. But this is my opinion, it's how I read it but I am suspicious of a lot of them though. ID: 1157204 · |
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bobby Send message Joined: 22 Mar 02 Posts: 2866 Credit: 17,789,109 RAC: 3
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Bob, the only way these banks and the government too will learn is if the whole banking lot goes to the wall. When banks stopped being privately owned and became owned by the financial institutions a collapse sometime was always going to be on the cards. Institutional owners look for high profits to boost their share values and the company C.O's look for high profits too to enable them to be awarded big bonuses. So one feeds off the other and in time the only way to keep boosting these profits is for the banks to take greater and greater risks. I have never liked the way C.O's and company directors feel that they should be remunerated to that level that a company owner would be remunerated. I don't think that most of the C.O's these days actually understand the businesses that they are put in charge of. Most are just very good managers with not much business flare and tend to get directed by institutional investors especially on take-overs and mergers. But this is my opinion, it's how I read it but I am suspicious of a lot of them though. The lesson of Lehman's was to let the rest of them fail? An interesting view and one I'm sure others hold. I don't think I'm convinced, though that may in part be due to the fact that (as I've mentioned previously) I am an employee at a bank (though not, as MrGray once said "a banker", unless one considers all bank employees to be bankers). I don't think my employment is clouding my judgment on this matter, though, as I have an interest, it is only fair to declare it. I think you'll find it's a bit more complicated than that ...
ID: 1157286 · |
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