Max Keisler says "Jail terrorist Sean FitzPatrick"



sheehan

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Character screening for potential economic terrorists should be made compulsory for bank managers.
 

ellie08

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When Nick Leeson brought down Barings he went to jail. Why aren't our guys being hauled in? Loans were given out to people who did not have the money to pay back the loans, loans of millions were taken out by bank directors when they had no way of paying back that money if their ventures failed. The govt who socialised with these people then decided to use tax payers money to bail out the unpaid loans of a very small group of people.
 

sic transit

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Yeh that chap should stay on his meds. Touches of the Jerry Springers about that. A little bit of truth and some loud shouting can go a long way to entertain people so they don't pay any attention to your ridiculous ideas.
 

slx

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If the loans were given out to people the bank knew could never pay, then it was quite simply theft of bank funds which are now being underwritten by public funds.

It's not just reckless, it has to be open to legal challenge.
 

eoghanacht

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One of the PD mods will be along now to point out that it's complex, there isn't the legislation in place or you can't try people for incompetence yadda yadda yadda.
 

slx

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One of the PD mods will be along now to point out that it's complex, there isn't the legislation in place or you can't try people for incompetence yadda yadda yadda.
I'm pretty sure we have legislation on the books that deals with serious corporate financial irregularities.

There's bound to be some old act on the books there that deals with this stuff. It's just a matter of a legal team bringing proper charges, but of course they won't because the system is incapable of bring charges against the powerful and connected because it is corrupt.
 

Cassandra Syndrome

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When Nick Leeson brought down Barings he went to jail. Why aren't our guys being hauled in? Loans were given out to people who did not have the money to pay back the loans, loans of millions were taken out by bank directors when they had no way of paying back that money if their ventures failed. The govt who socialised with these people then decided to use tax payers money to bail out the unpaid loans of a very small group of people.
At least Nick Leeson thought he was doing the right thing. He started out using a monthly clearing account to save the job of his employee who screwed up a massive trade. He noticed he got away with that and used that account to bet heavily during the month and then clear it before the month end. He seen it as a win win situation. But it went out of control and he went double or quits all the time until it became insurmountable at less than €1 Billion. Yes a meagre €1 Billion.

Today our bill stands at €250 Billion and the guilty knew exactly what they were doing. The cold blooded sociopaths knew whatever happened the taxpayer would take up the slack.
 

Watch The Break

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Folks, there'll be no justice when the people who facilitated the crimes are the ones we expect to punish them.

They're all part of the one cartel. Have the sindo reached anything near the level of venom they had for stamp duty (remember that?) when it comes to the people who have bankrupted our state?

Have they f*ck!

This isn't about legal arguments, nor has it been for two years.

This is about power and political will. The people who allowed, no encouraged the madness that led to this disaster are still in power. Unless it's taken off them then nothing will happen, and these gangsters will get away scot free.
 

The Caped Cod

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When Nick Leeson brought down Barings he went to jail. Why aren't our guys being hauled in? Loans were given out to people who did not have the money to pay back the loans, loans of millions were taken out by bank directors when they had no way of paying back that money if their ventures failed. The govt who socialised with these people then decided to use tax payers money to bail out the unpaid loans of a very small group of people.
Leeson went to jail because he lost the money of the same type of people who have engineered this mess. When you steal from them, you go to jail. When they steal from you, you shut p and take it. It just demonstrates once more that these people are above the law as they own the people who write and enforce it.
 

Squire Allworthy

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At least Nick Leeson thought he was doing the right thing. He started out using a monthly clearing account to save the job of his employee who screwed up a massive trade. He noticed he got away with that and used that account to bet heavily during the month and then clear it before the month end. He seen it as a win win situation. But it went out of control and he went double or quits all the time until it became insurmountable at less than €1 Billion. Yes a meagre €1 Billion.

Today our bill stands at €250 Billion and the guilty knew exactly what they were doing. The cold blooded sociopaths knew whatever happened the taxpayer would take up the slack.

I find it hard to believe that someone higher up was not aware of what young Nick was doing.


With regards the theme of the thread, rigorous investigations needed and if there is evidence go for them and ANYONE complicit. Need to do this and be seen to do this.
 

Watch The Break

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With regards the theme of the thread, rigorous investigations needed and if there is evidence go for them and ANYONE complicit. Need to do this and be seen to do this.
Who's going to conduct them though? That's the real question.

We have a cabinet of barristers who have spent the last two years coming up with reasons for why we must bend over further for the banks, and why we can't touch the people who did this.

This takes political will. The only way to get it is to tell every FG and Labour canvasser you meet that you won't vote for them unless the put Seanie Fitz in jail.
 

Squire Allworthy

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This takes political will. The only way to get it is to tell every FG and Labour canvasser you meet that you won't vote for them unless the put Seanie Fitz in jail.

Indeed the resolve of FG and Labour appears to be insincere and flaky. (If that is the right term) The new government will have a good opportunity to clear the decks and start to set higher ethical standards. Will they do it or will they descend into the usual patronage and appointments? I hope they raise their game.
 

Sham96

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At least Nick Leeson thought he was doing the right thing. He started out using a monthly clearing account to save the job of his employee who screwed up a massive trade. He noticed he got away with that and used that account to bet heavily during the month and then clear it before the month end. He seen it as a win win situation. But it went out of control and he went double or quits all the time until it became insurmountable at less than €1 Billion. Yes a meagre €1 Billion.

Today our bill stands at €250 Billion and the guilty knew exactly what they were doing. The cold blooded sociopaths knew whatever happened the taxpayer would take up the slack.
Exactly. At least Leeson had some scruples. Mind you it is no longer a case of just locking up Fitzcrooker or Fingers. Somebody needs to run for office promising to stop all payments to EVERYONE in this current coalition. No pensions. No cars. Nothing. If that means suspending the constitution then so be it.
 

ALAN42

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Put Seanie in jail . It will never happen because of a simple phrase . ' Mates Rates '

Do you not for a minute think that FF were up to their eyes in property investments , Buy To Lets and all the rest of it ? Yet not one word from any banker on special deals or ' Mates Rates ' to those in power .
 

imokyrok

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Put Seanie in jail . It will never happen because of a simple phrase . ' Mates Rates '

Do you not for a minute think that FF were up to their eyes in property investments , Buy To Lets and all the rest of it ? Yet not one word from any banker on special deals or ' Mates Rates ' to those in power .
It has crossed my mind that FF have been holding on until some existing statute of limitations applies for their activities - which will undoubtedly emerge during the next government. I can't really see any other reason they continue to fight against an election.
 

Squire Allworthy

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I can't really see any other reason they continue to fight against an election.
Hoping for a miracle and leaving as great a problem as possible for any new government that they effectively hobble them? If they delay to say March then new government gets in and runs out of money (assuming bailout not agreed). If agreed new government defaults 2 years down the road.

The Green Party needs to pull the plug immediately.
 


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