http://usuncut.com/world/iceland-sentences-26-bankers-to-a-combined-74-years-in-prison/ Iceland sentences 26 bankers to a combined 74 years in prison Good and reassuring news from Iceland. At least there is one country that has the backbone to defy the vested interests of some political factions and prosecute those responsible for the financial crisis rather than persecute ordinary people with pernicious cuts, reductions in living standards and crippling austerity. We could have a similar scenario here if the politicians were not in the pockets of bankers and financiers. The British people are paying the price for the "financial crisis", while the bankers continue to enjoy the huge salaries bonuses and the lifestyles that they have become used to. The banking world in the United Kingdom, is "protected" from the consequences of its own action by politicians with their own agenda. Austerity is not an economic necessity. Austerity is a poli...
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http://www.independent.co.uk/news/business/news/barclays-boss-antony-jenkins-wields-the-axe--but-hails-wise-rise-in-bonuses-9341729.html Barclays to cut 19,000 jobs Share price soars on news of job losses Barclays announce 19000 people are to be sacked within the next three years with more than 8500 of these within the United Kingdom and on top of the 12000 already announced. At the same time, Antony Jenkins, Barclays CEO insists that his controversial decision to increase bonuses despite falling profits was "a wise investment". On the release of this news the share price of Barclays rose by almost 6%. Only the corrupt and obscene Capitalist system, could welcome the continuing payment of bonuses to a few "senior managers" and make money for a few "fat cat investors" on the news that thousands of people are to lose their jobs.
http://www.huffingtonpost.co.uk/2013/05/19/stop-demonising-bankers_n_3302040.html?utm_hp_ref=uk 'Stop Demonising Bankers Over The Financial Crash' Sir Mervyn said bankers should not be made scapegoats If this article is supposed to generate my sympathy for a load of rich, over paid bonus grabbing parasites, many of whom should actually now be serving time in prison for money laundering, tax evasion, rate fixing and other crimes, I am afraid that it has failed miserably. Being "demonised" is a good word as is the phrase "being held in contempt".
http://www.huffingtonpost.co.uk/2013/04/23/hsbc-job-cuts_n_3137835.html?utm_hp_ref=uk HSBC To Axe Over 2,000 HSBC the bank run by some shady management, who qualified for huge bonus payments into their personal accounts, being the same bank who admitted money laundering and other criminal activities. HSBC who were fined (or agreed to pay US authorities) $1.9bn (£1.2bn) in a settlement last year, and now faces new accusations of illegal activity in Argentina for using "fake receipts" to facilitate money laundering and tax evasion. HSBC this week, announces job cuts impacting on thousands of its staff, over the "changing nature" of the business as well as regulation. Another example of corporate crime providing financial reward for the top management and redundancies for people who work there.
http://news.sky.com/story/1071610/nhs-drug-plea-for-child-with-blood-disorder NHS Drug Plea For Child With Blood Disorder. Indie Smith The parents of a two-year-old girl with a rare blood disorder fear she faces a "lifetime of hospital visits and dialysis" unless the NHS funds an expensive new drug.Her problem is that the NHS will not continue to fund her treatment, at a cost of £250,000 a year, despite a Government advisory body recommending the drug be commissioned nationally. It seems to me that there is a very simple solution to this problem. Select any 3 bankers from RBS, Barclays, HSBC, or any of the others, and confiscate £1million from each of their bonuses for 2012, (just like the bankers in Cyprus confiscated money from savers), and use the £3miilion to fund the treatment for 12 years. By the end of that period, NICE should have come to some conclusion (or better still will have been dismantled and replaced by a more useful...