Dishonest Bankers.

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Message 1646887 - Posted: 26 Feb 2015, 15:17:18 UTC

Wow, the Guardian is that liberal with language? Who'd thought it :-)

Good idea! A tax boycott - Let's all join in

Then we can all face a committee & say sorry :-)
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Message 1646898 - Posted: 26 Feb 2015, 16:08:45 UTC - in response to Message 1646887.  

Wow, the Guardian is that liberal with language? Who'd thought it :-)

Good idea! A tax boycott - Let's all join in

Then we can all face a committee & say sorry :-)

Jolly good luck to them.
Life on earth is the global equivalent of not storing things in the fridge.
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Message 1646906 - Posted: 26 Feb 2015, 16:30:02 UTC - in response to Message 1646887.  

Wow, the Guardian is that liberal with language? Who'd thought it :-)

Good idea! A tax boycott - Let's all join in

Then we can all face a committee & say sorry :-)

Actually not such a bad idea, especially if a lot of people joined in. No taxation without representation.
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Message 1647884 - Posted: 28 Feb 2015, 17:20:18 UTC

A new name for HMRC: - Hysterical Muppets Receiving Compensation!

Under the table deals with banks & big corporations, yet still do this...
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Message 1647941 - Posted: 28 Feb 2015, 19:40:59 UTC
Last modified: 28 Feb 2015, 19:43:53 UTC

Dishonest bankers, big corporations etc, just remember that not only are there loopholes in the tax laws, but that others create those loopholes, for example...

Stop Taxing Periods

...Helicopters, Aircraft repair & maintenance, Kangaroo meat & Crocodile meat are non-taxable?

Every so often, along comes some one-liners that says it all, there is one on that petition, but there's no way I'm highlighting it here :-)
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Message 1668992 - Posted: 23 Apr 2015, 16:44:31 UTC

Poor Germany, however, will they still employ Londoners?

DB receives record fine

"The Department orders the Bank to take all steps necessary to terminate seven employees, who played a role in the misconduct but who remain employed by the Bank: one London-based Managing Director, four London-based Directors, one London-based Vice President, and one Frankfurt-based Vice President."
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Message 1669561 - Posted: 24 Apr 2015, 22:23:48 UTC - in response to Message 1669405.  

Well, I'll be ****ed. Who would've adam & eved it?

+1000

Now if we can only get the "right" sort into Westminster with those views, hello "Great Britain" :-)
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Message 1669793 - Posted: 25 Apr 2015, 14:51:57 UTC - in response to Message 1669721.  

My main beef on these boards is all politicians being lumped into a group of low lifes with their noses in the trough, and being unfairly criticised. I will always fight back against that.

Ah, omnipotent gods who can do no wrong .....
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Message 1669799 - Posted: 25 Apr 2015, 15:02:50 UTC - in response to Message 1669798.  

I try my best Gary :-)))

If they are omnipotent they don't need your help .....
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Message 1669831 - Posted: 25 Apr 2015, 16:05:55 UTC - in response to Message 1669721.  

[quote]You shouldn't be so surprised, I've always said that Britain should be run by the British! Look at who owns EDF for example, then look at what they in turn took over. If you want some even more disturbing reading try "Britain for Sale" by Alex Brummer published in 2012. For sale Read about what happened when Kraft took over Cadburys with broken promises, and feel your hairs on the back of your neck bristle. Lord knows how many others have fallen into foreign hands in the last 3 years since then.

Look at two of the most famous marques of motor cars in the world

Rolls Royce (now owned by BMW)
Bentley (now owned by Volkswagen)

It's enough to make you cry in your beer. Well it would be if not for this

Scottish & Newcastle Breweries* (now owned by Heineken/Carlsberg)
Bass** (now owned by Molson Coors)
Allied Breweries*** (now owned by Carlsberg)

*Youngers, McEwans, Courage
**Charrington, Worthington
***Ansells, Ind coope, Tetley, Taylor Walker

At least Diageo still seems to be British.

The "right sort" have been in Westminster for the last 5 years, but the truth is that neither side have made the best of a compromise deal. Not surprisingly really, since the last time anyone had any experience of that was 70 years ago in WWII. They had to reinvent the rule book and start again from scratch. I would like to see the current coalition continue with a good kick up the ar*e and a mandate of "lucky second chance - don't cock it up this time!". But it won't happen. Best we can hope for is a minority Tory government, propped up by whomsoever. Lets hope that they have as much guts to challenge and block Cameron as the Lib Dems did.

You Forgot B.O.C there as well mate British Oxygen Company hasn't been owed by anyone British for ages , that's why my cylinders are Air Products . If you do a bit of digging the owners might be a surprise to you . All il say is im with groundskeeper Willie from the Simpsons on the owners
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Message 1669842 - Posted: 25 Apr 2015, 16:32:59 UTC

Lawyers?
J. Cheever Loophole
https://www.youtube.com/watch?v=Th686rb2CHc
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Message 1669992 - Posted: 25 Apr 2015, 20:57:11 UTC - in response to Message 1669813.  
Last modified: 25 Apr 2015, 21:00:18 UTC

Ah, omnipotent gods who can do no wrong .....

Oh sorry, I thought you were referring to me .... :-))

But we have a classical paradox,

"Can a deity create a rock so heavy that even the deity itself cannot lift it? If so, then the rock is now unliftable, limiting the deity's power. But if not, then the deity is still not omnipotent because it cannot create that rock."

Ah, but he can. He simply creates a rock (naked singularity) in a universe without dimensions and he can't lift it. Then when it is time to lift it, he creates the dimensions so that the rock can move. Now if you insist that it be done in this universe, your question is moot as the rules of this universe preclude that possibility. For some of these quetions you have to think outside the box (universe.)
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Message 1670356 - Posted: 26 Apr 2015, 15:05:49 UTC

Fiduciary duty to the shareholder.
Wall Street "requirement" of 10% quarter to quarter growth.
Your paycheck tied to Wall Street prices.
Piles of customer cash.
Dishonest?
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Message 1670441 - Posted: 26 Apr 2015, 18:24:32 UTC - in response to Message 1670432.  
Last modified: 26 Apr 2015, 18:25:36 UTC

Wall Street "requirement" of 10% quarter to quarter growth.

Any evidence to support that requirement?

Try reading the financial press and looking at prices of equities and their earnings.
BTW does the phrase Greed is Good mean anything to you?
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Message 1670514 - Posted: 26 Apr 2015, 23:50:00 UTC - in response to Message 1670449.  

You seem to have missed the point.

Wall Street "requirement" of 10% quarter to quarter growth.


Year 1

Q1 X
Q2 1.1X
Q3 1.21X
Q4 1.33X

Year 2

Q1 1.46X
Q2 1.61X
Q3 1.77X
Q4 1.95X

So Wall Street, or investors, expect a company to double its assets and value every 2 years? This is despite global downturns and recessions, and many other external influences? And for evermore? Your reply was glib at best.

If they don't they more their money into some other company that looks like it will. Understand their time frame is one quarter at a time.
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Message 1670667 - Posted: 27 Apr 2015, 9:31:01 UTC - in response to Message 1670624.  

Chris if your any good at the market you would do things like dividend reinvestment or options . A lot of making money on the markets is done with special accounts and loans like Margin loans which you don't actually pay if you understand the market properly .

I know because i had one . And thank gowd i did , it saved my ass after a car accident when i needed cash quick

If you still got any of them shears good luck to you mate .
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Message 1670721 - Posted: 27 Apr 2015, 13:42:39 UTC - in response to Message 1670624.  

Well if you are telling me that major chunks of money invested in the stock market changes hands every 3 months, then no wonder you don't see a poor stockbroker! But I'm looking at it this way. Supposing I had $5M and the shares/bonds I bought with it were not returning the rate I wanted, to re-invest that money elsewhere I would have to sell those shares. It could well be that if they are under performing that the price I would get could be less than I paid for them less commission for selling. If I made some bad choices every 3 months I could quickly lose a lot of money.

Good stock market strategy is to buy a sound company when they are unusually low, and sell at it's peak. Alternatively buy a company for long term growth because they have cornered the market in a particular commodity. 40 years ago my mum's uncle left her some shares in Rexam* which was then Bowater-Scott the tissue people. It has since become the worlds leading manufacturer of beverage cans. Look at most beer and coke cans and you will see Rexam. Over those years those shares made a handsome profit which dad used for building work on the house.

*I am not suggesting that they are necessarily a good buy today!

Chris, $5M isn't even pocket change. Trillions changes hands every day.

Your strategy is fine for the vast majority of us dust mite sized investors. It isn't what investment bankers, hedge fund managers, etc. use, they need to make money every second and not wait for a dividend check.
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Message 1670930 - Posted: 28 Apr 2015, 0:38:03 UTC

Gary and Chris the big guys use things like the futures markets .

They play the margins game and that is very hard and you need big bucks to make money .

knowing the market is knowing the futures as well as a lot of fund managers will look there for a gidance just before the markets open .

But again you have to keep in mind the whole economy and what it's doing the big players have lots of people to keep them informed as well
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Message 1670934 - Posted: 28 Apr 2015, 0:48:31 UTC

I can not remember his name but you should be able to find him on the net some where .

But one of the best players of the market made a doco of what he did each day when you watch it you get a real idea on how things are done .

On 1 phone he says to a guy that's fishing for info he doeasn't know whom owns Blah Blah billions of oil right , and the guy hangs up then he turns around and tells he's the one with the oil and he's just sold it making huge amounts of money .It's very interesting if you can find it .

He made 1 billion Dollars profit in just 1 year ..........

The Markets are also about confidence and who knows what .
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Message 1670938 - Posted: 28 Apr 2015, 1:00:11 UTC - in response to Message 1670449.  

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