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White-collar crime in Ireland - Track the progress


libertarian-right

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Joined
Apr 23, 2007
Messages
2,492
Today we have retired financial watchdog Paul Abbleby making calls for tough new laws against white-collar crime ->

In his first major speech since his retirement in July, Mr Appleby took aim at the "weakness" of a system that has not jailed a single banker since the financial crisis began five years ago.

The call came as the Financial Regulator Matthew Elderfield admitted that the lack of action was damaging the public's faith in the legal system.

He said that the chances of heading off the next crisis or scandal were "weakened" as a result.

Mr Appleby took aim at a system that has not jailed a single banker since the financial crisis began five years ago.
How far have we come since? Mr Appleby spent three years looking into Anglo and what real progress was made? It is obvious he had no will to make these type of comments while in office.

Enda told us in 2010 that Anglo charges were 'imminent'.

Fine Gael leader Enda Kenny has said the Garda file on the Anglo Irish Bank affair recommends to the Director of Public Prosecutions (DPP) that charges be brought against "less than half a dozen" individuals.
2 years later is not imminent.

Anglo is well known now as corporate Ireland at its worst. Will half-truths come out in years to come when it is too late? Why did it take so long for the police to raid the Anglo offices? Plenty of evidence could have disappeared before this time, paperwork, hard drives etc. Do we have sufficient whistle-blower legislation for this type of information to be obtained? What further legislation is needed for white-collar crimes?

What has this government done to try speed this up and future investigations - Why are we so slow at this? Where is the political will to improve and strengthen the laws against white-collar crime?

Jail rogue bankers, demand finance chiefs - Irish, Business - Independent.ie

The Irish Times - Thu, Dec 16, 2010 - Kenny says Anglo charges imminent

Police raid Anglo Irish Bank | Business | guardian.co.uk
 

trueman

Active member
Joined
Nov 4, 2012
Messages
104
The government Are a bunch of corrupt avarice liars, The legal system of ireland is rotten to the core, The Fraudulent Bankers Are Still in control Of The Aforementioned... So Why Are none of them locked up? Thats Like Asking The jailers, to jail themselves...
 
Last edited:

bob3367

Well-known member
Joined
Jan 11, 2007
Messages
8,083
The government Are a bunch of corrupt avarice liars, The legal system of ireland is rotten to the cord, The Fraudulent Bankers Are Still in control Of The Aforementioned... So Why Are none of them locked up? Thats Like Asking The jailers, to jail themselves...
The legal system that Appelby was operating is too old, thats the issue.


A CAB like emergency legislation is needed.

I could bore everyone with some details of how things need to be done, but I would get a dose of the mads.
 

luvmycountry

Well-known member
Joined
Sep 28, 2009
Messages
1,156
Why would they go after the same guys who fund them?
White color crime is alive and well in Ireland and criminals have nothing to worry about.
 

goosebump

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Joined
May 23, 2008
Messages
4,953
Today we have retired financial watchdog Paul Abbleby making calls for tough new laws against white-collar crime ->



How far have we come since? Mr Appleby spent three years looking into Anglo and what real progress was made? It is obvious he had no will to make these type of comments while in office.

Enda told us in 2010 that Anglo charges were 'imminent'.



2 years later is not imminent.

Anglo is well known now as corporate Ireland at its worst. Will half-truths come out in years to come when it is too late? Why did it take so long for the police to raid the Anglo offices? Plenty of evidence could have disappeared before this time, paperwork, hard drives etc. Do we have sufficient whistle-blower legislation for this type of information to be obtained? What further legislation is needed for white-collar crimes?

What has this government done to try speed this up and future investigations - Why are we so slow at this? Where is the political will to improve and strengthen the laws against white-collar crime?

Jail rogue bankers, demand finance chiefs - Irish, Business - Independent.ie

The Irish Times - Thu, Dec 16, 2010 - Kenny says Anglo charges imminent

Police raid Anglo Irish Bank | Business | guardian.co.uk
Did it ever occur to you that no crimes (other than loaning money to shareholders) may have been committed?

Also, just out of curiosity, which jurisdictions have jailed bankers?

(Note to thickos: Bernie Madoff was not a banker)
 

libertarian-right

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Joined
Apr 23, 2007
Messages
2,492
You won't do time for 'white-collar' crime - no laws seem to cover it - Irish, Business - Independent.ie

Compared to America and Britain, Ireland's regulatory record and prosecution of white -collar crime is weak.


The Competition Authority has secured 33 convictions against companies and individuals, but the yield has been low: €600,000 in fines and no one sent to jail.
Definitions need to be built up. Fraud covering insider trading, ponzi schemes, overvalue of securities be it mass markerting / mortgages etc. Mandatory jail time.
 

stopdoingstuff

Well-known member
Joined
Feb 26, 2011
Messages
22,897
We don't need new laws- we need to enforce the ones we have. Stealing is illegal, isn't it? Fraud is illegal, isn't it? So go and get them.
 

bob3367

Well-known member
Joined
Jan 11, 2007
Messages
8,083
Did it ever occur to you that no crimes (other than loaning money to shareholders) may have been committed?
Ah now there is more to it that, falsifying accounts to name one.
 

bob3367

Well-known member
Joined
Jan 11, 2007
Messages
8,083
We don't need new laws- we need to enforce the ones we have. Stealing is illegal, isn't it? Fraud is illegal, isn't it? So go and get them.
Some of these laws are Victorian, they have no place in 2012, I have heard this from people investigating.....
 

beazlebottom

Well-known member
Joined
Jan 10, 2011
Messages
2,835
Today we have retired financial watchdog Paul Abbleby making calls for tough new laws against white-collar crime ->



How far have we come since? Mr Appleby spent three years looking into Anglo and what real progress was made? It is obvious he had no will to make these type of comments while in office.

Enda told us in 2010 that Anglo charges were 'imminent'.



2 years later is not imminent.

Anglo is well known now as corporate Ireland at its worst. Will half-truths come out in years to come when it is too late? Why did it take so long for the police to raid the Anglo offices? Plenty of evidence could have disappeared before this time, paperwork, hard drives etc. Do we have sufficient whistle-blower legislation for this type of information to be obtained? What further legislation is needed for white-collar crimes?

What has this government done to try speed this up and future investigations - Why are we so slow at this? Where is the political will to improve and strengthen the laws against white-collar crime?

Jail rogue bankers, demand finance chiefs - Irish, Business - Independent.ie

The Irish Times - Thu, Dec 16, 2010 - Kenny says Anglo charges imminent

Police raid Anglo Irish Bank | Business | guardian.co.uk
Isn't he a marvellous fella altogether. Pity he didn't talk and act so tough when he had the power to do so. I assume he only found his voice now having been busy spending his time since retriement counting the taxpayer sponsored bag of swag he collected as he dissappeared out the door. As they say in various parts of Mullahoran, 'wind and pi** like the bishop's cat@.
 

libertarian-right

Well-known member
Joined
Apr 23, 2007
Messages
2,492
Did it ever occur to you that no crimes (other than loaning money to shareholders) may have been committed?
Sounds like you accept the status-quo in regards to what constitutes as a white collar crime? You are a 'sit on your hands' type poster when it comes to these threads on how we can strengthen the law of the land.

If you think everything was hunky dory over in Anglo the past few years then you are pretty naive and if we ever have you in charge, we would see a repeat of past failures.

Frederic Bastiat said:
“Sometimes the law defends plunder and participates in it. Sometimes the law places the whole apparatus of judges, police, prisons and gendarmes at the service of the plunderers, and treats the victim — when he defends himself — as a criminal.”
 

Ribeye

Well-known member
Joined
Jul 12, 2011
Messages
26,306
Sounds like you accept the status-quo in regards to what constitutes as a white collar crime? You are a 'sit on your hands' type poster when it comes to these threads on how we can strengthen the law of the land.

If you think everything was hunky dory over in Anglo the past few years then you are pretty naive and if we ever have you in charge, we would see a repeat of past failures.
What Fred said,
 
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