Mega reporting from Lie-bor front line in blighty

[Mega]

No links, but its hitting the fan BIG time.
The BOE guy was on at tea time saying, "No No No...i didn't tell them it was ok". Since then we had alsorts of cracks appear in the dam. The upshot seems to be:-

A. They DID screw Lie-bor, like its proved
B. Its VERY likely they screwed many other markets as well (Silver/Gold mentioned)
C. Everyone is now saying that if they screwed lie-bor then their CDS & other products are Dust
D. A "Q" is now forming fast to sue the sh1t out them.
E. Everyone is now DEMANDING the banks be broken up & split into 2 groups (Casio & high street).
F. Its going international FAST!
G. Could Greeks sue Goldman?.........(everyone else will be).

Cheers
Mike

[c1ue]

Re: Mega reporting from Lie-bor front line in blighty

It will be interesting to see how this turns out.

In the US, the whonking big fine would be accompanied by a non-expression of guilt and the effective pre-emption of any civil suits.

[*T*]

Re: Mega reporting from Lie-bor front line in blighty

Which is exactly the poison in the american system. I could be wrong but I don't believe you can settle criminal matters out of court here.

[astonas]

Re: Mega reporting from Lie-bor front line in blighty

Which is exactly the poison in the american system. I could be wrong but I don't believe you can settle criminal matters out of court here.

No, but you can plea-bargain them down to a slap-on-the-wrist. Or apply political pressure on the prosecuting attorney to get him to back off.

*sigh*