Only kidding. Of course he doesn't
So after months of consultation and (frankly unbelievable) threats, there we have it. Business as usual in the City then. No new regulation. No caps on bonuses. Just a 'commitment' to lend more to business
I'm sure its entirely unconnected with this:
http://www.guardian.co.uk/politics/2011/feb/08/tory-funds-half-city-banks-financial-sector
Hey ho!
"But if I were Bob Diamond or any of the other bank CEOs, I would tear up the Merlin deal and walk away. Why bother? Nothing will ever assuage those baying for their blood. "
http://www.cityam.com/news-and-analysis/allister-heath/the-economics-perpetual-motion
I thought this article was excellent by George Monbiot, revealing a little discussed tax break for banks, a few days ago.
http://www.guardian.co.uk/commentisfree/2011/feb/07/tax-city-heist-of-century
I thought this article was excellent by George Monbiot,
not something you want to be confessing to really now is it Simon 😉
Have to say I'd happily pay an extra 20p for a Monbiot free version....
yeah its already made a massive difference the guy who oversaw LLoyds disastrous takeover of HBOS has just been awarded 1.45 million pound bonus 😀
Give it time, the combined H/BOS/LTSB is going to be a monster in a few years, assuming it doesn't get broken up. Short term it's been a mess but it wasn't a short term move.
I'm sure its entirely unconnected with this:http://www.guardian.co.uk/politics/2011/feb/08/tory-funds-half-city-banks-financial-sector
Hey ho!
Today's Headline:
Tories nice to Capitalists Shock!
circa late nineties Headline:
Labour nice to Unions Shock!
Someone's way ahead of you with the sarcasm Helios:
THE Tories get all of their money from people who are not hellish keen on left-wing politics, it emerged today.Research by the sinister sounding Bureau for Investigative Journalism revealed that in 2010 some people who suspected Gordon Brown was going to tax the shit out of them gave money to his opponent instead.
The figures have led to furious accusations that the Tory Party is now in thrall to people who believe in capitalism and free markets.
Shadow chancellor Ed Balls said: "This is a clear attempt by people who do not like socialism to try and stop it from happening.
[s][url= http://www.thedailymash.co.uk/politics/politics-headlines/tories-get-100%25-of-funding-from-people-who-do n't-like-socialism-201102093525/]Daily Mash[/url][/s]
bollox to it. BBcode cant cope with complicated things like "%"
http://www.thedailymash.co.uk/
Saw that this morning too... Didn't make me chuckle as much as the Racist Nan one...