Former trader jailed for 14 years for rigging Libor rate

Not really,

(one of the bigger of the little guys has been jailed)

We need to have one assistant bank manager jailed for the umpteen pieces of fraudulent activity they have been engaged in since way way back, eg dodging taxes on depositaccounts in 1970,s , non -resident accounts in 90,s. Funnies with insurance bonds in 2000 , ppi up to now etc etc etc.
Fear would then ensure future Bankers do not grow into career criminals.

In each and every one of these cases our REGULATORS?CENTRAL BANK? TAX PEOPLE? GOVERNMENT knew about this, but MR BANKER was and is too powerful and too well placed.
 
Gerry Canning said:
Not really,

(one of the bigger of the little guys has been jailed)

We need to have one assistant bank manager jailed for the umpteen pieces of fraudulent activity they have been engaged in since way way back, eg dodging taxes on depositaccounts in 1970,s , non -resident accounts in 90,s. Funnies with insurance bonds in 2000 , ppi up to now etc etc etc.
Fear would then ensure future Bankers do not grow into career criminals.

In each and every one of these cases our REGULATORS?CENTRAL BANK? TAX PEOPLE? GOVERNMENT knew about this, but MR BANKER was and is too powerful and too well placed.
Click to expand...
Exactly. Remember when AIB were re-typing statements in branches in order to overcharge people? Who went to prison for that?
 
Dear Purple,

Do you not realise that Mr Banker (like the mafia) is an upstanding member of our local Charity /Hospital fund raising/School committee/ Secretary of Golf Club.

Also nothing worse than a convert { I was in finance for 35 years !} and on {mature reflection} realize how much a Ponzi/Mafia scheme Banking remains.
ps. I avoided prison ?
 
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