The Bankers Bomb
Who would have thought that the month after Lloyds posted ads across England announcing how trusted they are that they would have agreed to pay a fine of US$350 million to a US prosecutor for breaking US law by falsifying bank records to conceal the origins and identities of certain account holders (some of whom who were quite well known to be in the market to purchase titanium)?
Goodness me. We UK taxpayers are of course now shareholders in these bankers so it is we who will be paying their 'donation'.
Of course I would not doubt that their intentions were of the best - were they hedging? That would be like the British government holding shares in Krupps in 1914-18, or Imperial Japanese War Bonds in 39-45.
Money talks, loud enough it seems to buy the silence that has fallen on this potentially rather explosive item.
Back to meditation.
Goodness me. We UK taxpayers are of course now shareholders in these bankers so it is we who will be paying their 'donation'.
Of course I would not doubt that their intentions were of the best - were they hedging? That would be like the British government holding shares in Krupps in 1914-18, or Imperial Japanese War Bonds in 39-45.
Money talks, loud enough it seems to buy the silence that has fallen on this potentially rather explosive item.
Back to meditation.
posted by Kris Deva North at 7:41 AM
