GlobalBuzz-SA
 

Home FAQ Calendar Arcade Mark Forums Read
Go Back   GlobalBuzz-SA > SA and World News > A little more serious
Forums Info Vids Flight Bookings News Feeds Cape Town KZN
Follow GlobalBuzz SA on Twitter  
A little more serious SA and World News area.


Bank of England Governor Sensational Film Footage Disclosure National Security Case


Reply
 
Thread Tools Display Modes
Old 05-03-2011, 07:16 PM   #1
carrolltrust
Junior Member
 
carrolltrust's Avatar
 
Join Date: Feb 2009
Location: Washington DC, London UK
Bank of England Governor Sensational Film Footage Disclosure National Security Case

The Bank of England Governor Mervyn King has warned that the problems with the British banking system also revolve around the issue of a "bank too big to fail" a critical factor which has not yet been resolved. We allowed a banking system to build up which contained the seeds of its own destruction. The Governor has also addressed the question of "moral hazard" being that a bank behaves different because it is insulated from risk on previous occasions. In 2009 he warned that the governments decision to bail out British banks had "created possibly the biggest moral hazard in history".

Mr King compares the banking culture of short-term profits and bonuses with that of traditional manufacturing industries which he says operate in a more "moral" manner. They care deeply about their workforce about their customers and above all are proud of their products. With the banks there isn't that sense of longer term relationships.

Earlier this week Mervyn King expressed surprise that there had not been more public anger over spending cuts. He told the Treasury select committee: "The price of this financial crisis is being borne by people who absolutely did not cause it I'm surprised that the degree of public anger here has not been as great as what has been seen in the United States."

The US Congress Senate Oversight Committee responsible for the nations security and financial well being are understood to be also taking a close interest following recent announcements by close aides to President Obama concerning the new pivotal offshore tax evasion and banking legislation which is thought in Washington to be a "critical further lever of strategic control" for the US Justice Department and the FBI in the concrete fight back against white collar organized crime tax fraud and terror funding related activities which have seriously undermined the much sought after economic recovery for America's main street who have suffered greatly at the hands of the financial sector.

Further disclosures which been revealed in American and British media reports on the massive Carroll Foundation Charitable Trust national security case is understood to have galvanized well seasoned Washington political observers who are understood to have recently remarked that this case is now regarded in Washington as an "important show of strength to the nation" at a critical point in the Obama administration's four year term.

The Carroll Foundation Trust Criminal Case is one of the largest ever ongoing white collar organized crime offshore tax evasion fraud heist operations in modern economic history. The case dossiers embracing the staggering $1,000,000,000 (one billion dollars) embezzlement of funds liquidation of assets on a world wide basis are held within a complete "lockdown" at the FBI Washington DC field office and the Metropolitan Police Scotland Yard Specialist Operations Directorate London.

>>>>>Please View FBI Carroll Trust National Security Case on Google<<<<<
carrolltrust is offline   Reply With Quote
Reply

Go Back  GlobalBuzz-SA > SA and World News > A little more serious


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


» Recent Threads
Itsoseng community to...
24-04-2014 01:51 PM
Last post by Newsroom
24-04-2014 01:51 PM
0 Replies, 6 Views
Deputy President...
23-04-2014 09:08 AM
Last post by Newsroom
23-04-2014 09:08 AM
0 Replies, 46 Views
Boost for Gauteng school...
23-04-2014 09:02 AM
Last post by Newsroom
23-04-2014 09:02 AM
0 Replies, 30 Views
Work underway for new...
22-04-2014 07:49 PM
Last post by Newsroom
22-04-2014 07:49 PM
0 Replies, 61 Views
SA to participate in AU...
16-04-2014 09:02 AM
Last post by Newsroom
16-04-2014 09:02 AM
0 Replies, 129 Views
Narysec hailed as skills...
15-04-2014 06:50 PM
Last post by Newsroom
15-04-2014 06:50 PM
0 Replies, 138 Views
Powered by vBadvanced CMPS v3.2.1

All times are GMT. The time now is 06:41 PM.


Powered by vBulletin® Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
© 2007 - 2014 GlobalBuzz Southern Africa All Rights Reserved