Nigel Cairns
@NigelCairn55406
The interest in this story is keeping up, two days after the stunning quashing of the convictions of Tom Hayes and Carlo Palombo after a ten-year fight for justice: bbc.co.uk/news/articles/…
"How is it possible a junior employee... is responsible for the financial crisis." Former Barclays trader Carlo Palombo, whose conviction for rigging LIBOR was quashed today. #Newsnight
Where is the consumer champion @MartinSLewis ? Every single person named in @Carlier_J87 presentation should be clearing their desks this morning only they won’t instead their PR departments will be churning out some sort of rebuttal.
Paul Carlier on tonight’s ttf presentation was absolutely awesome ! Dog with a bone does not sum up.. he is on a mission . His determination is incredible. Lots will get a payout but this is the man behind it! 👏👏👏
@RupertLowe10 eliminate the privilege of exchanging credit and calling it a loan when its an actual exchange according to GAAP and you will find that carefully managed, most of the countries debt would disappear very quickly
@Nigel_Farage until such times as Banks are stopped from making "loans" the country will be held to ransom. Unless you offer to investigate and remove this privilege you will remain firmly part of the problem. Anything else is an echo chamber.
Public confirmation @TheFCA know what negligent-misstatement is. voidmortgage.net/2015/04/15/neg… Banks do not lend money they purchase securities. No loan no lender no borrower. The transaction is an exchange. Any statement of a loan being made not true. Court claim for loan is void
So today it sort of hit and I broke down in tears. My little sister wrote to me every week in prison. I saved every letter. This morning I opened another letter from her. A final letter, ending shown below. Those letters were so important to me and a great way to close a chapter.
So pretty much what Osborne & Javid did, making FCA turn a blind eye to banks taking hidden commissions and using fraudulent hidden credit lines on Derivatives to asset strip thousands of U.K. & Irish SMEs? HM Treachery and successive Chancers all criminals… 🔥
Judgment will be handed down on Friday 1st August in Hopcraft and another v Close Brothers Limited; Johnson v FirstRand Bank Limited (London Branch) t/a MotoNovo Finance; Wrench v FirstRand Bank Limited (London Branch) t/a MotoNovo Finance. supremecourt.uk/news/future-ju…
HSBC secretly booked US Dollar swaps (FX risk) against SME customers fraudulently sold Sterling Swaps with undisclosed / hidden credit facilities to satisfy the derivative’s margining requirements @andyverity @jameshurley @johnmcdonnellMP @TransparencyTF @stevemiddi1 @ianhtyler
Rachel Reeves considers overruling supreme court in £44bn car finance scandal uk.finance.yahoo.com/news/rachel-re… This is astonishing! If true and if she does this, how would she and the Government not then become an accomplice or co-conspirator in one of the largest unlawful series of…
The most extraordinary story of love and miscarriage of justice thetimes.com/article/bc48c4…
UK has Stasi style policing to protect Mafia Banks such as Lloyd’s.
Whilst those who extort money using threatening behaviour & hidden fraudulent activities, from folk who were just happily going about their business, are allowed to continue being “above the law,” there is no end to this… Applying higher rates & charges whilst threatening to…
This was extraordinary ! Astonishing corruption . Out of control along with the fca. Needs massive reform . There to protect consumer ?? Think again. There to side with corrupt finance industry
At 6.00pm today I will be making a presentation exposing the Financial Ombudsman Service, and their role in the true car finance scandal. This might not be your scandal, but it's important to understand just what the FOS really is and far from what you understand it to be, and…
Excellent interview with Tom Hayes following the quashing of Tom's and Carlo Palombo's convictions by the Supreme Court. If you want to understand the Supreme Court's decision, Tom does a great job of explaining it and its significance. @TransparencyTF @appgonifandffs…