Jeremy Corbyn

The US fines where bollix

And yet Standard Chartered fully agreed with the fines :

[url= http://www.bbc.co.uk/news/business-28860566 ]Standard Chartered to pay fresh penalty to NY regulator[/url]

[i]Standard Chartered has agreed to pay $300m (£180m) to New York's top banking regulator for failing to improve its money laundering controls.

The penalty comes after the bank failed to fix problems identified in 2012.

"If a bank fails to live up to its commitments, there should be consequences," the New York State Department's Benjamin M Lawsky said.

Standard Chartered said it "accepted" the findings of the New York State Department of Financial Services. [/i]

Still if you reckon it was bollox jambalaya then what do the New York State Department of Financial Services and Standard Chartered know?

You once worked for Standard Chartered for 11 years so you must know more about their business than they know themselves, eh?

STANDARD CHARTERED is facing further heavy fines and possible criminal prosecutions over alleged breaches of US sanctions against Iran.

The bank is under investigation by the Department of Justice (DoJ) over allegations it violated the terms of a 2012 settlement. Three years ago it paid $667m (£439m) in penalties to US watchdogs after admitting deliberately disguising transactions that could have broken US sanctions against Iran and other states. Under a deferred prosecution agreement (DPA) signed at the time, the bank said it had ceased trading with Iranian clients in 2007.

But last year Standard Chartered paid a $300m fine to a New York financial regulator after its anti-money laundering systems were found to have been inadequate. In December the DPA was extended for a further three years, and the DoJ is now investigating whether sanctions were broken after 2007.

As you were. Appoint the crook then. He sounds like quite the Tory.

Alternatively, they may have looked at his CV and noticed that he was chief advisor to Brown and Darling and the architect (with his colleague) of Gordi's grand plan that allowed him (Gordi) to save the world almost single handedly from financial oblivion. Small and odd world eh?

Agree though, you probably couldn't make it up!

Good job that no one is advocating that this odd collective have even more say in running the economy. Makes you shudder doesn't it?

Come on guys… which of you are going to deal and pin your colours to the mast in a quantifiable (if just a bit of fun) manner

Only 520 days as leader of the labour party … that’s less than 18 months !!

He’s got to last longer than that , hasn’t he ??

I’m a buyer there … I’m theoretical tucking a tenner away for myself … but I’ll still make that price to the first punter

490-520 days as leader of the Labour party

THM... surely that's cheap price?

Ernie … Say the next GE is May 14th 2020 and our hero makes it until then… that’s exactly 1700 days away…. Fill your boots man….. in fact, you know what?... I’m just going to putting you down for a tenner … you’ve dealt

Jamba .. you a seller ?

This is just a bit of fun… but might be good to look back on in 4 years time as the next GE looms on the horizon … who will be right and have actual internet points?

Ro5ey … bought @ 520
Ernie … bought @ 520

Having bought already at 475 yesterday - yours for 490 - i'll take the STW£150 and go for a different punt on Lib Dems seats instead. Corbyn a crowded trade now!

[On a serious note and panto-jokes aside, I think the media circus may well become genuinely over-bearing. He seems a fit bloke and teetotal, so I hope that he will cope with what must come as quite a shock. This has been thrust on him and the magnitude may prove too much. Fingers crossed that this is not the case - but fail to see why anyone would want that job frankly]

Yeah, Corbyn should take a page out of their book, that masterstroke was the turning point in their successful campaign for Scottish indepe - oh...

Yeah, the SNP did really badly: a third on the independence vote and taking 56 seats at the general election. Nothing to learn there...

Was there anything interesting on QT last night?
I've seen the bit about John McDonnell apologising (but I'd already seen that with Jon Snow)

Right we are way

Buyers

Ro5ey @ 520
Ernie @ 520

Sellers

THM @ 490

(I'll put aside the fact that 475 was the mid and never offered there ... bloody economists/analysts 😆 ... and happily now be up 300 stp 🙂 )

price now 500 - 530

Corbyn supporters .... don't miss the cheap price

Was there anything interesting on QT last night?

Let me think...is there ever? (Yet, still I watch it...I know... 😀 )

Anyway, you missed Truss checking with Tory central office before looking outside to see if the sky is blue.
Salmond - actually remarkably quiet for once.
McDonnell - didn't come across as a natural QT debater and had to deal with Truss and the thoroughly arsehole-ish Timothy Stanley (Telegraph) constantly needling him about the IRA.
Toksvig - She was ok - had plenty of good points, but far too forward thinking for our system of Red/Blue-pick-your-corner politics.
Timothy Stanley - seriously, he's going to be a proper arsehole when he grows up.

Golden Moment: a Tory-boy in the audience saying when talking about refugees that the only people talking sense in the panel were Truss and Stanley, and supporting it by saying "...I've studied a bit of politics...this year..." He's gonna regret that today. I reckon that was what jambalaya was like when he was younger.

Blimey don't trade with Ro5ey - I'm flat mate- advantage of early trades before the crowd.

Corbyn might have a good weekend and looking to sell higher up! Tell me your price on Monday!! 😀

Ha! Thanks for the run-through DD 🙂

So who has been appointed ? Part of the settlement was the public statement, they tried to cover up the trades that was definitely wrong (deliberately changed client name and address on deal tickets). The trades where caught under money laundering laws which are now very broad. They where standard loans and trade finance facilities whuch had they been made in euros or USD not settled in NY would have been totally legal. I think some of you are confusing HSBC's conviction for handling Latin American drug money with Standard Chartered. The financial sanctions imposed by the US on Iran where not supported by most of the world

QT
No mealy mouthed apology dragged out of a person is worth anything. McDonald has had years to apologise and is doing so now only has pushed into it by Labour as they are well aware his statements are electoral poison. A terrorist sympathiser as leader and chancellor. Some very daming words from the UK's Jewish community leaders too (reporting in the Guardian), I do wonder what Luciana Berger was thinking in accepting a Shadow Cabinet role.

@dd have a read if the migrants thread, things are unfortunately panning out just as Imsaid they would. Did you see the women convicted in Sweden of middling her mother after being radicalised by her Bangladeshi ISIS supporting boyfriend living in a Swedish refugee camp ? Or the portion of migrants from the Balkens who are opportunistically mixing in with Syrians fleeing Turkish refugee camps ?

As you can see I was really hedging my bets when I said Corbyn wouldn't last 3 years, a very safe statement as the betting is closer to 18 months

Golden Moment: a Tory-boy in the audience saying when talking about refugees that the only people talking sense in the panel were Truss and Stanley, and supporting it by saying "...I've studied a bit of politics...this year..."

+1 that genuinely made me LOL

McDonald has had years to apologise and is doing so now only has pushed into it by Labour as they are well aware his statements are electoral poison. A terrorist sympathiser as leader and chancellor.

And in other news from outside the jambaverse, NI has moved on. Time to move with it rather than constantly smearing with old stuff.

@dd the IRA, Hezbollah and Hamas issue is quite simply never going to go away as far as Corbyn and his cronies are concerned. Whether it's me posting about it here, or reports in the press or doorstep campaigners in key marginal seats. It's my view there will be a further investigative expose of Corbyn accepting money from Hamas to visit Gaza, thus could well be deemed in contravention of anti-terrorism laws. He's a dead man walking electorally.

[s]It's my view there will be a further investigative expose[/s][b]I think I will fling some shit[/b] of Corbyn accepting money from Hamas to visit Gaza, thus could well be deemed in contravention of anti-terrorism laws. He's a dead man walking electorally

Maybe you should have mentioned you aren't exactly impartial when it comes to which side you sit with in regards to anything that goes on in the occupied territories.

Ah right found it, Peter Sands (ex McKinsey) will act as an unpaid consultant, very smart and talented man. FYI he was involved in a number of consultations with the previous coalition government at the PM level, in particular with supporting small business finance, which SCB has a lot of expertease in.

@duckman whether you think I'm impartial or not isn't the point, Corbyn and McDonald are sitting ducks on this issue and the flak is going to be incessant. They made those remarks as "protest politicians" on the basis they would never be in a position of power and now they are trying to backtrack.

QT
No mealy mouthed apology dragged out of a person is worth anything.

It would be interesting to see how Corbyn is doing with the on-the-fence electorate, because it's no surprise that Lefty's love him and Tories hate him. I'm just not sure that all the mud that the press are slinging at him is really hitting home with the people who change vote at each election.

Ernie … Say the next GE is May 14th 2020 and our hero makes it until then…

I might be pleased that Jeremy Corbyn is leader of the Labour Party but he isn't my hero.

In fact I found the sycophantic hero-worshiping by some at the Croydon rally quite nauseating - he's just some bloke in the Labour Party as far as I'm concerned.

And I like Corbyn but I found his emphasis at the Croydon rally on the vulnerable in society while ignoring wider issues a little disappointing. Although admittedly he was limited by time - he couldn't talk about everything, it just seemed a little pointless telling to an audience which clearly wasn't Tory that kicking the vulnerable in society in the guts isn't acceptable. Tell us something that we don't know - if I'm going to make the effort to come and listen to you.

I also find Corbyn's repeated claims that he's not a 'deficit denier' and that he wants to have a strategy to clear the deficit disappointing. He is imo like his predecessors simply falling for the Tory/right-wing narrative, and I'm not convinced that his newly appointed policy adviser Andrew Fisher would approve.

Practically every government since the end of WW2 has failed to clear the deficit, including Tory governments which have been in power for the majority of that period. Even in the 1950s with full employment and when "we never had it so good".

[img] [/img]

What makes Corbyn think that Corbynomics will be any more successful ? I'm sure he doesn't, sadly imo he's allowing the Tories and the right-wing press set the agenda in this respect.

Let's not forget that after all Corbyn is in the Labour Party, he might be different but he's still a Labour politician.

issue is quite simply never going to go away

I suppose, if you're you, and you just need to constantly sling some mud, then no, it's not. Tell me, why is it you don't seem supportive of the peace process in NI? It's moved on remarkably from where it was 12 years ago, let alone 20 or 30 years ago.

Why haven't you moved with it? Even Maggie was talking to the provos in the 80s. Crikey, Ted Heath nearly gave the North back to the republic. 😯

So jambalaya, why can't you move on and support the peace process? Are twelve year old words more important to you than peace on the streets and no more army patrols? Anyone would think you kinda enjoy conflict.

Haha, brilliant! So the guy lecturing us about 'associating with terrorists' is not only an ardent supporter of a rogue nuclear state that's violated dozens of UN resolutions, he's also worked for years for money-laundering criminals who illegally colluded with another rogue terrorist-sponsoring state.

'You couldn't make it up'

So jambalaya, why can't you move on and support the peace process? Are twelve year old words more important to you than peace on the streets and no more army patrols? Anyone would think you kinda enjoy conflict.

I think you are being unfair and conflating two different issues. You can doubt what informs McDonnell's judgement based on what he has said in the past, while still supporting the peace process. McDonnell will always have those comments in the background and just has to deal with it, likewise Cameron will always have the Bullingdon photo.

I think you are being unfair and conflating two different issues.

I disagree. We could all go back and drag up quotes from politicians over the past fortyish years (wrt NI) and use them. Of course, [i]most[/i] politicians would either deny them, say they were words taken out of context, or use some other bullshit excuse for them.

just has to deal with it

Like he did with Jon Snow and on QT last night? And will no doubt have to do over and over again until he's either forced to stand down or right wingers desperate to score points find some more words.

Look, he's no hero of mine, but there's no point in dragging up words of twelve years ago to constantly (because that's what's happening here) smear someone and call into question his or her judgement...and yes, I'd say NI is a special issue in this case. Because all that does is rake up the past and put a glow on some smoking embers (like what's happening today where we get soundbites from entrenched DUP members on the radio just to add a bit of fuel...) and in its own way endangers the peace process, the fragility of which has come under question again recently. So that's where my conflation comes in. NI has moved on. Hundreds of thousands have moved on with it. Quite a few (mealy mouthed points scoring hacks and politicians unsurprisingly) haven't it seems.

QT
No mealy mouthed apology dragged out of a person is worth anything.

I agree. And that's not what happened. I thought it was a refreshing change compared to the response most politicians would give in that situation.

We could all go back and drag up quotes from politicians over the past fortyish years and use them.

Which is exactly what happens to every politician seeking high office that is the nature of the scrutiny that they are exposed to - no matter where they come from - that is the nature of the trade. He just has to carry that baggage and hope that what he says from now on is sufficient to persuade the electorate that he should be entrusted with power.

I'd say NI is a special issue in this case.

I frankly can't see a bit scrutiny of what someone said years ago is going to destabilise the peace process, it is more robust than that - you only have to talk to the families of innocent victims to know that.

Which is exactly what happens to every politician seeking high office that is the nature of the scrutiny that they are exposed to - no matter where they come from - that is the nature of the trade. He just has to carry that baggage and hope that what he says from now on is sufficient to persuade the electorate that he should be entrusted with power.

Another quote has been dragged up from the period - it seems pretty clear that he opposed violence, and wasn't afraid to say so to the republicans.

I wonder if the appointment of Jeremy has effectively killed off the Lib Dems.

They seem to think the opposite!
[IMG] [/IMG]

http://www.theguardian.com/commentisfree/2015/sep/17/jeremy-corbyn-lib-dems-politics-centre-ground

The Lib Dems really held the centre ground last time...If centre ground means doing exactly what they were told in order to pretend they were part of the Government. Straws and clutching springs to mind.

Didn't Cameron make and distribute leaflets and posters calling for Nelson Mandela's hanging?

The Tories very happily proclaimed the ANC a terrorist organisation, while cosying up with the oppressive white supremacist ruling regime. But then again, profit before humanity is the Tory battle cry.

Poster by the Federation of Conservative Students at the time....

[img] [/img]

They were as charming back then as they are now

yunki - Member

Didn't Cameron make and distribute leaflets and posters calling for Nelson Mandela's hanging?

Posted 4 minutes ago #Report-Post

It is hard to prove he was a member of the fed of conservative students that did. It has often been suggested he moved in the same circles though.

It is hard to prove he was a member of the fed of conservative students that did. It has often been suggested he moved in the same circles though.

Everything I have read suggests he didn't get involved in student politics while at university so I think it is pretty unlikely.

They were as charming back then as they are now

Who? The ANC terrorists?

[img] [/img]

https://en.m.wikipedia.org/wiki/Church_Street_bombing

The Tories very happily proclaimed the ANC a terrorist organisation

Yep, Thatcher branded Nelson Mandela a terrorist while she threw lifelines to the racist Apartheid regime.

During precisely the same time Jeremy Corbyn took a very different position.

[img] [/img]

However today the Tory press denounce Corbyn as a racist :

[url= http://www.telegraph.co.uk/news/politics/labour/11821264/Jeremy-Corbyn-will-be-cheered-by-racists-and-terrorists.html ]Jeremy Corbyn will be cheered by racists and terrorists[/url]

And of course the Tories who called for Nelson Mandela to be hanged aren't racists, perish the thought.

[img] [/img]

Never underestimate the stupidity of the electorate, that graph by Ernie of deficits and budget surpluses is a perfect illustration, the Tories were rattling along nicely between '92-'97 with a rare budget surplus and things were genuinely looking good....so everybody voted them out and put nu-Labour in instead!....genius.

Seems everybody brought into the idea of 'slimey' Tories and based their voting on wanting rid of scandalous headlines etc rather than ensuring continued economic growth....Blair and Brown must've thought it was Christmas when they came to power in 1997 following 5 years of economic growth under the rival party!

Has an electorate ever been so successfully brainwashed as they were in '97?!....Blair, Mandelson etc were quite the tricksters....also helped along by Murdoch's press switching allegiance.

You should have to sit some kind of exam before being allowed to vote!

Some very daming words from the UK's Jewish community leaders too (reporting in the Guardian), I do wonder what Luciana Berger was thinking in accepting a Shadow Cabinet role.

accepting money from Hamas to visit Gaza, thus could well be deemed in contravention of anti-terrorism laws.

C'mon Ernie, we all know why Comrade Corbyn was really so committed to Mandela's cause don't we?

[img] [/img]

You stay classy ninfan

Seems everybody brought into the idea of 'slimey' Tories and based their voting on wanting rid of scandalous headlines etc rather than ensuring continued economic growth

I think it was the fact that they'd famously planted in everyones mind the vision of David Mellor shagging while wearing only a Chelsea kit. For that alone, they had to go

Didn't that turn out to be entirely made up by celebrity paedophile Max Clifford?

Alright then... even if it was, John Major was boffing Edwina Curry in the cabinet office...

[img] [/img]

.....[i]because it's no surprise that Lefty's love him and Tories hate him.[/i]

The Torys don't hate him....most of em had never even heard of him before this leadership election. Currently (I'd suggest), they are viewing him with the interest of a Entomologist in a rare bug!