Sussex Blue
@mickmor16921994
one of many victims of blatant theft by bankers . we will have our day
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… 🔥
I don’t want my young daughters to share a neighbourhood with men who broke into this country illegally and about whom we know next to nothing. And I don’t want anyone else’s family to have this forced on them either. When I see mothers and fathers peacefully protesting in…
This would be absolutely f in outrageous ! Siding with criminal fraudsters . Do they want riots ? So effectively finance industry ( the cause of the economic crash) and continuing issues can do what the fuck they like? 🤬
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…
Another industry regulated by essentially a trade body, and whose complaints upheld rate in 2015 had diminished to a shocking 1.36% [not 3% as the SRA stats wrongly suggest]. Enough said.
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…
Lloyds boss warns Reeves against hiking taxes on banks as profits rise 17%. Banks bailed out, given £895bn QE, sell dud products, rarely prosecuted, closing branches, making mega profits but resent paying taxes. No one voted to be ruled by banks. theguardian.com/business/2025/…
Unpopular view: banks were extorted into pleading guilty to conduct that was LEGAL. They pleaded guilty (I know the details of threats leveled PER bank). Why don't banks get their LIBOR pleas vacated and share fine rebate w/ prosecuted traders & other victims of financial crime?
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! 👏👏👏
And true car finance is just coming online. Add that to the list. Once again, the UK elite does not care one bit about the rest of us. As long as they continue to pile up money. @Carlier_J87 . True car scandal is massive.
Was at commons on the launch of your book .. I’ll never forget the pain those guys went through . Dreadful and damaged for ever. Brought me to tears . And after what bank did to me never could imagine feeling sympathy for a banker. I did !
The whistleblowers who told the authorities all about it - former Barclays traders Peter Johnson and Colin Bermingham - were thanked by the US and UK authorities by being prosecuted and jailed: youtu.be/Bkz-41fviYY
Sadly all true and will get much worse ! I fear for the future
Spot on from Lionel Shriver. 'The country that gave conceptual rise to free speech no longer believes in it. Instead, the primary purpose of the British constabulary is to suppress the unruly passions of a native population it holds in contempt' thetimes.com/article/0bd95f…
Been compromised for around 20 years or more. The regulator that doesn’t regulate . There are none so blind to the excess of the banks and destruction of individuals and their companies . Colluded with the treasury to ensure no damage to banks!
Once a regulator has knowingly engaged in covering up frauds by banks on a massive scale, (and facilitated further crimes), whether by way of coercion or bribery, they are totally comprised, and will keep Acting in Bad Faith & doubling down on their criminality until exposed 🔥
Justice at last for some but has destroyed lives! Collusion of fca comes as no surprise . The wrong people being charged ! Usual story.
This is a major scandal, in which traders were made scapegoats for the sins which led to the financial crisis. bbc.co.uk/news/articles/…
Bank of England governor warns, weakening banking rules risks repeat of 2008 crisis. Tory govt began repealing the post crash reforms, Labour accelerated. Shadow banking unregulated. City is scandal-ridden. Deregulation will encourage more abuses. theguardian.com/business/2025/…
That’s true but having the were with all to be able to deal with is another matter.. and the judiciary seem to be blind to the bleeding obvious too .
Well. Not necessarily. Fraud doesn’t have a 6 year Statute of Limitations on it…
And they’ve got off scot free. Had I done to bank what they did to me would have got 10 years no doubt.
Indeed. They were offloaded without explanation. It was actually fraud
Were never sold ! They were an enforced term of borrowing . The enforcement meaning the bank made a huge day one profit no victim was aware of!
Peter was very specific in only covering to toxic swap sales and came up with a way of preventing it by saying banks could sell them but not to their own customers, so advisors would be able to assess properly. Libor and FX need looking at. Basically no bank should be allowed to…
facebook.com/share/p/1CxPVX… Could not have put it better myself!
Exactly! And as a result the banks are in complete control. It needs to change or we will have rinse and repeat again and again. It’s obscene
If we were really in a capitalist society the banks would have been allowed to go bust in 2008. We are in a corporatist environment where govt is wedded to international corporations
And so far got away with a massive fraud ! Yet the government try to fool investors what a great place the uk is to do business ! It is for bank fraud time and time again . No penalties. At least £20bn saved in due redress to victims
Absolutely deliberately. Having bought SWAPS they cynically planned how to offload the liability dressed as loans to their own SMEs. That downgraded the SME credit rating and the SME was referred to a ‘help’ facility within the bank which took it into bankruptcy giving the bank…
Including mine
Peter’s book is great, but doesn’t quite cover all the aspects of this massive and still ongoing fraud, which also includes LIBOR and FX fraud — where one bank I know of was secretly transacting USDollar derivatives in customer’s accounts on top of the ‘miss-sold’ GBP swaps.