Tuesday, 10 February 2009

Nuremberg show trials?

Fuck's sake, what is this?

The bankers who led Royal Bank of Scotland and HBOS to the brink of collapse will offer a public apology today.

But amid the furore over bankers’ bonuses, they will also seek to point out that they have personally been “punished for failure”, losing millions of pounds because of the meltdown in their banks’ share prices.

Sir Fred Goodwin and Sir Tom McKillop, respectively the former chief executive and chairman of RBS, will express their regrets at a meeting of the Treasury Select Committee. Their expressions of remorse will be echoed by Andy Hornby, the former chief executive of HBOS. and Lord Stevenson of Coddenham, its former chairman.



Jesus wept, what the fuck is that all about then? Since when did fucking any private business have to publicly apologise to politicians for shit? Or is this just a bit of face saving for the government so that we can all turn a blind eye to huge bonus payouts in the near future?

I am even more incoherent than usual with rage. And why oh why oh fucking tittywank why do we have to fuck go through the actual apologies when they've already been leaked for the fucking sake of fucking fuck. It now no longer matters what the cunts actually say to the MPs because the leak has been made and the headlines gathered.

I see the scaly claw of Mandelsnake all over this shit.

12 comments:

Guthrum said...

The last time we had this shit was in the 1630's , it was called the Star Chamber.

The Penguin said...

Meanwhile Gordon and co call for banker to forgo their bonueses whilst handing out bonuses to Treasury civil servants...

The Penguin.

JuliaM said...

"Since when did fucking any private business have to publicly apologise to politicians for shit? Or is this just a bit of face saving for the government so that we can all turn a blind eye to huge bonus payouts in the near future?"

I'd double their bonuses if they stood up in Parliament, dropped their trousers and mooned the whole wretched, trough-swilling lot of them!

Chris said...

As Wat Tyler put it. All the bankers have to say is:

"Sorry about that, but how were we to know that the regulators were incompetent and the government was presiding over the biggest unsustainable debt bubble in history? We assumed they knew their business".

http://burningourmoney.blogspot.com/2009/02/unspeakable-in-pursuit-of-unprincipled.html

This hearing is nothing but a Punch and Judy show designed to draw blame away from the man who shifted the fiscal goalposts enough to cause the bubble and the subsequent bust: Gordo' "McAvity" McBroon, the pissabed fearty o' Fife.

The Penguin said...

Fucking right, they have a complete defence they should trotting out. Gordon McBroom told them (and us) he'd abolished Boom and Bust.

And that his light touch regulatory system was best in the world.

The Penguin

not an economist said...

I'd like to see the fullsome apology from Brown for generating this mess~: for the shoddy financial regulatory framework he installed back in 1997/98 and the mismanagement of interest rates for the last ten years, the latter of which created the surplus credit that allowed the bankers to fuck everything up in the first place. By all means lets kick the nearest banker but they could not have done what they did unless the BoE had held interest rates so low since 1997 (and arguably before that).


But i guess I can whistle for that one.

Anonymous said...

It's all part of Broon's blame-shifting strategy.

And you're right, the idea will have been Mandelbum's.

The Penguin said...

Where's TractorStats gone? Has the Jonah got him?

The Penguin

Odin's Raven said...

May one wonder whether the lightly regulated ones may in a few years, or even months, feel sufficiently touched, to make substantial contributions to the retirement funds of friendly politicians?

ChrisC said...

Since when did fucking any private business have to publicly apologise to politicians for shit?

When they come begging for the public's money perhaps?

Of course the govt, regulators and borrowers themselves are too blame too...

Anonymous said...

So when do we get a Show Trial for the Politicians? Guess we will have to wait for the next General Election.....Can't wait.

Gordoncu9tbrown said...

What a bunch of bastarding cunts they are, gordon Brown is the biggest cunt in history mind you, a real shitebag!!