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OUT OF MIND » THE INSANITY OF REALITY » GLOBAL FINANCIAL COLLAPSE » UK Follows Iceland's Example As Mass Arrests Of Bankers Begin

UK Follows Iceland's Example As Mass Arrests Of Bankers Begin

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PurpleSkyz

PurpleSkyz
Admin
UK Follows Iceland's Example As Mass Arrests Of Bankers Begin

First group to go on trial is HBOS bankers

By: Jacky Murphy  |@NeonNettle
 on 13th September 2016 @ 11.28am

UK Follows Iceland's Example As Mass Arrests Of Bankers Begin Menmain11
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© press
first group to go on trial is HBOS bankers who are charged with fraudulent trading, money laundering, and corruption.
The UK is set to follow Iceland's  footsteps as the first group of top Bankers are to go on trial. Authorities have now begun the process of arresting and prosecuting the bankers who were responsible for the crash of 2008, the first group to go on trial is HBOS bankers who are charged with fraudulent trading, money laundering, and corruption.

The first trial of its type will be heard at Southwark Crown Court. Some predict that this will open flood gates for similar trials in the UK and around the world.

Presstv.com reports : Two former senior HBOS managers and six other defendants will appear in court this month. The heavily postponed trial was originally scheduled to start in the beginning of the year. The defendants were initially charged in 2013.


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Those charged also include bankers David Mills and Michael Bancroft, as well as their wives, who are accused of giving money and “numerous high-value gifts” to HBOS managers in exchange for favors.

The alleged scam was exposed by Thames Valley Police after a two year investigation code-named Operation Hornet.

HBOS collapsed in 2008 and was bought by UK-backed Lloyds TSB. Its one-time head of corporate lending, Peter Cummings, was fined £500,000 and was banned from the banking industry.

The British government bailed out Lloyds at the height of the financial crisis in 2008 at a cost of some £20 billion, handing the state a 43-percent stake in the bank.



Thanks to: http://www.neonnettle.com



  

bs4ever

bs4ever
Take a deep breathe here folks

Unless there is deep and significant change at the top of "the establishment" right down to the lower levels this is nothing but window dressing

Is there change?

Something is going on in yookay political arenas for sure but a banker friendly party behind a drive to clean banks up?

Look deeper and question everything



"आप सिर्फ यह है आप नहीं था क्या मतलब है यह देखने के लिए किया था"

PurpleSkyz

PurpleSkyz
Admin
Exactly bs4!

If these arrests happened they only pertain to those that got caught. That is all. Business as usual. They will sacrifice their own in a heartbeat. It is the one at the top of the chain that needs the attention but this seems to escape most folks thought processes for some odd reason.



  

bs4ever

bs4ever
Yep, throwing a few drones to the pack has never hurt business for these types

Something is going on here though, not quite managed to get to the last few dots to be able to join them with any reasoning that makes sense......yet

The position Cameron is now in speaks volumes for behind the scenes shuffling of useless baggage, anyone else who has seen what has happened around Cameron get the feeling he WAS TOLD TO RESIGN?



"आप सिर्फ यह है आप नहीं था क्या मतलब है यह देखने के लिए किया था"

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