Who should be jailed for the banking crisis?

HappyTuesday

Sorry for bringing up yet another thread on the crisis, but I really don't know what is going on having been out of the country for the larger chunk of the scandal.

So can somebody just tell me who everybody is angry at and summarize what they did wrong? Who are these fat cat bankers that should be jailed?

Saila

yore ma

Mad Benny

Bosco

macman2010

Bertie, Brian Cowan and the retired financial regulator.

You can get jailed for complete incompetence tho:mad:

DrumSteve

You are in no position to be pointing fingers with a name like that.

ejmaztec

Prime suspect

squod

macman2010 wrote: »

Bertie, Brian Cowan and the retired financial regulator.

You can get jailed for complete incompetence tho:mad:

:mad: Stop it, stop it, stop it! Bluddy apologists everywhere. I could bluddy scream.

everybody, especially people who keep making threads about it

admiralofthefleet

bang bang and johnny fourty coats

hal9000

Gamblor!

thehairyelbow

Reckon I'm going to end up in jail soon, not those banker wan*ers, if I don't get my creditors sorted.
What's the story with that username? Certainly catches the eye.
Then again, who am I to talk?

Duggy747

Every single last person in Ireland should be arrested and thrown in jail since we're all to blame for killing Mother Russia Ireland.

We can then rebuild our economy by letting film studios film their zombies movies here since all the streets, towns, and cities in the country will be empty and we'll all be in jail.

hatrickpatrick

Command + F "Seanie"
No results were found.

Command + F "Drumm"
No results were found.

This is what's wrong with our country. We have fradulent criminals living in plain site and not only do we not arrest them, but we don't even CALL for them to be arrested?!

nacho libre

Dick" this budget is a disaster" Spring.

Well he did nothing wrong per se.
He was(is?) a public interest director on the board of AIB. :pac: You could say though his appointment was symptomatic of a wider problem of how business was done in Ireland.

people like Neary and his number 2, who has recently got a cushy job with a european bank should be held accountable

also the various senior figures in the main banks, who oversaw or who were actively involved in the race to the bottom.

then there are the humans who cheered the taking down of the anglo sign a few weeks backs, who circa 2006, were heard to say, "what do you mean you're not on the property ladder"!

SEPT 23 1989

Big Bird

squod

hatrickpatrick wrote: »

. not only do we not arrest them, but we don't even CALL for them to be arrested?!

The queen has the gards busy at the minute. Some old burd is over from England I hear and he doesn't want people near her.

Fighting Irish

macman2010 wrote: »

Bertie, Brian Cowan and the retired financial regulator.

You can't get jailed for complete incompetence tho:mad:

Thank fook, or else half the people who bought houses for ridiculous prices would be in jail too! The government gave the people what they wanted!

tiger55

This is borderline anti-semitism. It was not the Jewish bankers fault, it was gentiles that did not pay the money back.

squod

Fighting Irish wrote: »

Thank fook, or else half the people who bought houses for ridiculous prices would be in jail too!

Most if not all of the mortgage default happened after the banks became insolvent.

jimthemental

Neary, Quinn (don't give a crap if it wasn't that damaging the sheer greed he showed was unreal), Fitz, Drumm, Fingleton, Ahearn, Cowen, Lenihan, The Green party, Conor Lenihan and his "special" face etc..

Also someone said you can't be jailed for incompetence. I'm fairly sure if you were incompetent as say a safety officer in a Pharma plant and got someone killed you'd see the inside of a cell. How much blood have these people on their hands indirectly through young unemployed people alone losing the battle with depression. Examples have to be made soon or the new government will be tarred with the same big brown smear the last shower were.

Rant over.

ScumLord

This person.

cosmicfart

Eddie Hobbs and all these people who came out of the woodwork AFTER the event happened and are now on every fooking radio and TV show babbering on about how its was always gonna happen and its all about the big white elephant in the room.....fook of the lot of ya you know jack.

orourkeda

PedoPriest wrote: »

Sorry for bringing up yet another thread on the crisis, but I really don't know what is going on having been out of the country for the larger chunk of the scandal.

So can somebody just tell me who everybody is angry at and summarize what they did wrong? Who are these fat cat bankers that should be jailed?[/QUOTE]

The ones who are convicted of a crime.

gigino

To blame are the regulator, central bankers and top layer of government.
All public servants but then they were the ones in charge and the ones who made the laws and were supposed to govern.
To date they are all well + have retained their pension entitlements etc, despite f====== up the country.

hatrickpatrick

jimthemental wrote: »

Neary, Quinn (don't give a crap if it wasn't that damaging the sheer greed he showed was unreal), Fitz, Drumm, Fingleton, Ahearn, Cowen, Lenihan, The Green party, Conor Lenihan and his "special" face etc..

Also someone said you can't be jailed for incompetence. I'm fairly sure if you were incompetent as say a safety officer in a Pharma plant and got someone killed you'd see the inside of a cell. How much blood have these people on their hands indirectly through young unemployed people alone losing the battle with depression. Examples have to be made soon or the new government will be tarred with the same big brown smear the last shower were.

Rant over.

Yes. Incompetence in itself cannot be punished legally, but there is a separate offense known as negligence, which all of our financial system cheerleaders are guilty of to some extent or another.

HappyTuesday

jimthemental wrote: »

Neary, Quinn (don't give a crap if it wasn't that damaging the sheer greed he showed was unreal), Fitz, Drumm, Fingleton, Ahearn, Cowen, Lenihan, The Green party, Conor Lenihan and his "special" face etc..

Thanks for the comprehensive list... now what do I do if I want to research them? Google the surname "Fitz" ?!?!?! Any chance of giving me their first names?

melekalikimaka

people who fail to accept that we all played a part in it. Especially gombeens who bough any property in the past 8 years, broke now and want someone other than their reflection to poin the finger of blame on

ascanbe

There are clear instances of possible fraud by those who ran a number of financial institutions in this country and ample evidence to suggest possible collusion on a number of matters between some of these people and some in our previous government in the run-up to the blanket-bank guarantee.
The suppossed investigation into the matters has, up to this point, displayed all the hallmarks of a charade/white-wash and the current government has, for whatever reason, shown little interest, so far, in doing anything to change this.

red menace

PedoPriest wrote: »

Thanks for the comprehensive list... now what do I do if I want to research them? Google the surname "Fitz" ?!?!?! Any chance of giving me their first names?

They have nothing to fear from you anyway if you are defeated by the lack of a first name

squod

melekalikimaka wrote: »

people who fail to accept that we all played a part in it. Especially gombeens who bough any property in the past 8 years, broke now and want someone other than their reflection to poin the finger of blame on

Read that on an election poster I presume.

washman3

Jail David McWilliams,Morgan Kelly,Constantin Gurgytiv for the crack.!!!
these guys and some more forecast this mess,so we should do the Irish way. shoot the messenger.!!!
Funny that Jim Power,that "extraordinary" economist from Friends First can now command airtime on RTE at will, now that he is batting for the other side. was he not the man that coined the phrase "SOFT LANDING" and constantly acted as cheerleader for the government.??

Xivilai

That rapist IMF feller

melekalikimaka

squod wrote: »

Read that on an election poster I presume.

na not a overly a sheep, just a realist

fando

HappyTuesday wrote: »

So can somebody just tell me who everybody is angry at and summarize what they did wrong? Who are these fat cat bankers that should be jailed?

An entertaining documentary about inner workings of present financial markets. It's about the role the mathematical models played in the current financial crisis.

https://www.youtube.com/watch?v=ed2FWNWwE3I

steve9859

washman3 wrote: »

Jail David McWilliams,Morgan Kelly,Constantin Gurgytiv for the crack.!!!
these guys and some more forecast this mess,so we should do the Irish way. shoot the messenger.!!!
Funny that Jim Power,that "extraordinary" economist from Friends First can now command airtime on RTE at will, now that he is batting for the other side. was he not the man that coined the phrase "SOFT LANDING" and constantly acted as cheerleader for the government.??

That would be the David McWilliams who advised Lenihan to guarantee the banks, right? (and now pretends he had nothing to do with it!)

Son Of A Vidic

OP - you must surely know that nobody will be jailed. We will probably get a green paper report, eventually followed by a white paper report. All of this will of course be as meaningful and as relevant as toilet paper.

Sticky_Fingers

Mad Benny wrote: »

Bosco

Thats a bit harsh, just because people like Alison was willing to hand over hundreds of thousands for his box doesn't mean he should be blamed.

washman3

steve9859 wrote: »

That would be the David McWilliams who advised Lenihan to guarantee the banks, right? (and now pretends he had nothing to do with it!)

yes, thats the guy. advised Lenihan on 29 sept 2008 to guarantee all the banks as an quick fix to calm the markets the following morning and deflect the spotlight somewhere else. it actually worked you know.!
when lenihan rang him in China a few days later (where McW was making a documentary for tv) to tell him so and thank him for the advice, McW reminded him that it was a bluff to do a job and now the real work needed to be done, ie a sacking of the entire boards/execs/directors of the banks and replacing them with competent personnel (preferably foreign) to show the world we were serious about cleaning up our mess. since most of these guys were his pals/cronies who were FF apointees and contributers to the Galway tent, Lenihan was gobsmacked and duly hung up. Many of these are still in place,some have departed with massive payoffs,signed off by Lenhihan, and replaced by other cronies who will in time be handsomely rewarded also.
Thus we are no better off now 3 yrs down the road.
By the way McW also advised him not to renew the guarantee under any circumstances.

KNOW THE FACTS...;)

7sr2z3fely84g5

i do love the way the guards swooped down and arrested as quick the bloke in the recent post office fraud,whilst the other in the bank scandals are walking around free.

squod

steve9859 wrote: »

That would be the David McWilliams who advised Lenihan to guarantee the banks, right? (and now pretends he had nothing to do with it!)

Banking guarantees were temporary. Put in place to let the banks sort their debts. That never happened. From 17.30 on.

https://www.youtube.com/watch?v=EBbgVZz7_YM

hatrickpatrick

Seanie, Drumm, the "Golden Circle" of Anglo fraudsters, and anyone who directly knew what they were doing and stayed silent about it rather than reporting them to the Gards and financial regulator.

JONJO THE MISER

Hopefully not me, ive always been quiet prudent:o

squod

hatrickpatrick wrote: »

Seanie, Drumm, the "Golden Circle" of Anglo fraudsters, and anyone who directly knew what they were doing and stayed silent about it rather than reporting them to the Gards and financial regulator.

If no-one bailed Anglo out there would be no problem. What ever those fuhkers did was a misdemeanour compared to the actions of the two Brians.

Saila

europe

Liam Byrne

melekalikimaka wrote: »

people who fail to accept that we all played a part in it.

So you not only want to screw me to pay for others' mistakes, you now want to jail me for having the audacity to defend myself from false accusations by those who want to spread the blame?

Jeez I thought those of us who avoided the bubble and made informed and prudent decisions would be the ones fairly OK, but it looks like everyone wants to punish us for not getting involved!

Typical Irish ****e, though - leave those responsible off scot-free and punish the rest of us.

Cesspit of a country with attitudes like that.

Fighting Irish

Anyone who took out a loan of any kind and now can't pay it back!