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Topic: Updates
121. Author:  Frank Grimes        
Date: Fri 11th Oct 2013. 15:23

I miss my Hornby train set of my youth.



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122. Author:  we won the cup in 68        
Date: Fri 11th Oct 2013. 15:24

I would argue James Crosby and Peter Cummings. Hornby inherited a whole world of mess and Crosby then got a job with the FSA!!

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123. Author:  dafcburty        
Date: Fri 11th Oct 2013. 15:27

Sorry to keep asking this but are people confident? I have no idea how good a chance we have of avoiding relegation and the waiting is torture :(

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124. Author:  JohnnyW        
Date: Fri 11th Oct 2013. 15:27

"For the record, Bank of Scotland at the time was solvent, they had attempted to buy Nat West but lost out to RBS and as such became a target for a predatory take over. With a view to avoiding this, they merged with the Halifax B.S. The merger took place in 2001 and Masterton retired in June 2001."

They may have been solvent at the time but they were well on the road to their failing due to the culture of lending the Masterton and his mates has started. Well worth a read : http://www.ianfraser.org/revealed-the-extent-of-peter-cummings-recklessness/

------------------------------------------------------------
Best tweet ever:



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125. Author:  londonparsfan        
Date: Fri 11th Oct 2013. 15:32

True main man was a bit harsh but a huge part of the "throw money at everyone" came from his (and others - particularly the two you mention) changes in policy after the Halifax merger.

Hornby was doing it on the retail side (to start) and Cummings was on the corporate from what I remeber.

The appointment of Crosby as head of the FSA was nothing short of a scandal seeing as how he was essentially placed in charge of overseeing complaints against his time at HBOS.

Funnily enough,nothing really happened.

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126. Author:  MDCCCLXXXV        
Date: Fri 11th Oct 2013. 15:32

dafcburty to tell you the truth I dont know wot the feck is goin on

East End Park is a symbol of all that is DAFC.

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127. Author:  we won the cup in 68        
Date: Fri 11th Oct 2013. 15:37

Halifax never had a Corporate arm, Cummings was given free reign and the rest is history. Cummings was the only one ever fined over the whole disaster.

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128. Author:  Frank Grimes        
Date: Fri 11th Oct 2013. 15:38

Pretty much all the banks were at fault for the collapse in 2007/2008. They interlinked so much debt amongst themselves that when the housing market crashed in the States, everyone was exposed to it (HSBC amongst the most at risk on the face of it) and inevitably they all suffered.

Whoever it was that suggested reading "The Big Short" I thank them a lot, it gives a really good insight into what happened.



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129. Author:  Minchy        
Date: Fri 11th Oct 2013. 15:41

nice read, JohnnyW. is this not criminal? obviously not, but it would make a great investigative TV program if all the "crimes" of GM and his BoS colleagues were brought together in an hour at prime TV time.

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130. Author:  Thai/Coalville Par        
Date: Fri 11th Oct 2013. 15:43

It's all very well everyone looking at history of bank failures - What is happening in court?

Peter L

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131. Author:  Fifes Elite        
Date: Fri 11th Oct 2013. 15:43

Any more actual updates guys?

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132. Author:  GaryMull86        
Date: Fri 11th Oct 2013. 15:44

no updates till they are out as they are unable to tweet from court

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133. Author:  MDCCCLXXXV        
Date: Fri 11th Oct 2013. 15:46

can we start a new update thread as I am pissed off reading about banks crimes. I want to know whats happening about The Pars

East End Park is a symbol of all that is DAFC.

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134. Author:  honk        
Date: Fri 11th Oct 2013. 15:48

No one knows obviously. We just have to wait and amuse ourselves with tales of crooked bankers.

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135. Author:  sabino        
Date: Fri 11th Oct 2013. 15:51

As an aside.

All credit to STV for sending along 2 journos to cover this.

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136. Author:  pars_andy        
Date: Fri 11th Oct 2013. 15:51

Topic Originator: dafcburty
Date: Fri 11 Oct 15:27

Sorry to keep asking this but are people confident? I have no idea how good a chance we have of avoiding relegation and the waiting is torture :(
------------------------

I can safely say that we will not be relegated today. :)



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137. Author:  Fifes Elite        
Date: Fri 11th Oct 2013. 15:52

Has anyone got any happy/positive stories about bankers (that doesn't involved them being hurt, fined, arrested or being dodgy etc)?



Post Edited ( Fri 11 Oct 15:52 )

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138. Author:  Thicko        
Date: Fri 11th Oct 2013. 15:54

"Has anyone got any happy/positive stories about bankers (that doesn't involved them being hurt, fined, arrested or being dodgy etc)?"

No.

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139. Author:  allforone        
Date: Fri 11th Oct 2013. 15:55

"Has anyone got any happy/positive stories about bankers (that doesn't involved them being hurt, fined, arrested or being dodgy etc)?"

I was the banker in Monopoly once and won.

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140. Author:  Scotty Par        
Date: Fri 11th Oct 2013. 15:58

Theyre out, waiting on verdict now....

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