The latest banking scandal

[davek]

Seriously, these criminals should be thrown in prison. And in any decent world they'd face physical punishment that stopped just short of serious harm...say, for example, stoning them but pulling them out of there when they get knocked out by one.

I've yet to hear a decent argument that convinces me why they shouldn't just be seen as international terrorists.

 

[Bruce Wayne]

They've committed fraud as far as I can tell and should be prosecuted accordingly. Shameful behaviour.

 

[Deloodid]

when our whole way off life revolves around buying and selling money. then the banks with rule the roost.

 

[Allezfan]

They've committed fraud as far as I can tell and should be prosecuted accordingly. Shameful behaviour.

*Faints*

 

[LeBlaqCoq]

There's a practice in South Africa called ''Necklacing'': Putting a tyre around someone's neck , pouring petrol over 'em and setting it alight. Saffers don't have time for courts,justice and all that rubbish. They believe in taking the law into their own hands and I couldn't agree more. That's what would've probably happened to them bankers if they were South African. (look it up on youtube).

 

[TheBlueGibbon]

They've committed fraud as far as I can tell and should be prosecuted accordingly. Shameful behaviour.

They'll probably get away with it though, when the Serious Fraud Office inevitably f*cks it up again as in the Vincent Tchenguiz case.
http://www.bbc.co.uk/news/business-18491348
http://www.telegraph.co.uk/finance/...t-Tchenguiz-prepares-to-sue-SFO-for-100m.html

 

[LeBlaqCoq]

necklacing
0:41 38 likes, 127 dislikes
60,986 views
Headmund
01/06/2011
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A popular african mob style killing method called 'necklacing'.
After being beaten to a bloody pulp, a tyre with petrol in it is put round the poor bastards head and
then set on fire.

 

[TheBlueGibbon]

necklacing
0:41 38 likes, 127 dislikes
60,986 views
Headmund
01/06/2011
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A popular african mob style killing method called 'necklacing'.
After being beaten to a bloody pulp, a tyre with petrol in it is put round the poor bastards head and
then set on fire.

http://en.wikipedia.org/wiki/Vigilantism

 

[Bruce Wayne]

They'll probably get away with it though, when the Serious Fraud Office inevitably f*cks it up again as in the Vincent Tchenguiz case.
http://www.bbc.co.uk/news/business-18491348
http://www.telegraph.co.uk/finance/...t-Tchenguiz-prepares-to-sue-SFO-for-100m.html

Well yes, it does look as though they've bought themselves out of it. Whilst £400 million or whatever it was is no small sum, when their profits each year tend to be in the several billions it puts it into perspective.

I know some here think I'm a lackie for the banking industry but I've said several times that the messed up banks shouldn't have been bailed out the first time round. If people and companies are rubbish they need to be got rid of from the market or they'll just screw up again, as we're seeing here as this problem seems widespread rather than isolated to the one bank.

 

[Deloodid]

There's a practice in South Africa called ''Necklacing'': Putting a tyre around someone's neck , pouring petrol over 'em and setting it alight. Saffers don't have time for courts,justice and all that rubbish. They believe in taking the law into their own hands and I couldn't agree more. That's what would've probably happened to them bankers if they were South African. (look it up on youtube).

Ive seen a video of that, its cruel as ****. wouldnt wish that on anyone.

 

[LeBlaqCoq]

http://en.wikipedia.org/wiki/Vigilantism

http://en.wikipedia.org/wiki/Vigilantism

I'm sorry mate but Brits are way too soft on criminals. When the london riots broke out last year,most South African social media users (of all races) were shocked to find out that the English coppers have never used rubber bullets/water tanks/teargas to disperse a crowd,NEVER!!!

In SA,when a riot breaks out,coppers rock up in full riot gear,start firing teargas cans and rubber bullets before swiftly moving on to live ammunition.It is how it is. Just yesterday, i read a story on one of S.A's online publication of a lad that was beaten to death after he was caught trying to snatch some lady's purse. The sooner Brits stop being so soft on criminals,the better!!!

 

[Deloodid]

Yeah cos when someone steals a purse they need to be beaten to death.

im fumin i cant neg rep u any more

 

[TheBlueGibbon]

South Africa also has higher murder and violent crime rates per capita than the US and the UK, whilst Norway which is much 'softer' on criminals than the UK has much lower rates an also lower re-offending rates. Quite simply brutal punishment statistically does not work.

 

[LeBlaqCoq]

Yeah cos when someone steals a purse they need to be beaten to death.

im fumin i cant neg rep u any more

Nah mate,you don't get it. I've spent the most part of me life in S.A. The overwhelming view down there is that prison is not a rehabilitation centre,once you go in(i.e. for a petty crime like snatching a purse),you come back into society as a hardened criminal,and it is true. So people would rather take the law into their own hands than create another monster.

 

[manxtoffee]

Well yes, it does look as though they've bought themselves out of it. Whilst £400 million or whatever it was is no small sum, when their profits each year tend to be in the several billions it puts it into perspective.

I know some here think I'm a lackie for the banking industry but I've said several times that the messed up banks shouldn't have been bailed out the first time round. If people and companies are rubbish they need to be got rid of from the market or they'll just screw up again, as we're seeing here as this problem seems widespread rather than isolated to the one bank.

Problem is mate the retail banking industry is tied to the casino side, so you let that collapse then the whole monetary system collapses. We wouldn't get paid, bills wouldn't get paid etc, etc..