tag:blogger.com,1999:blog-35658017.post5024161425392635756..comments2024-03-20T00:20:17.851-07:00Comments on Rowans-blog: The organised criminal London financial market - A Political resignation issue!Rowan Bosworth-Davieshttp://www.blogger.com/profile/16384252276434877281noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-35658017.post-17475005280020366862014-02-05T08:13:22.078-08:002014-02-05T08:13:22.078-08:00staff were involved in inappropriate conduct a sc...staff were involved in inappropriate conduct a scam to manipulate the London Interbank Offered Rate<br /><br /> <a href="http://www.bidnessetc.com/" rel="nofollow">Stock Market</a> Anonymoushttps://www.blogger.com/profile/01431759787020721723noreply@blogger.comtag:blogger.com,1999:blog-35658017.post-67936493922978233022013-11-07T03:09:24.893-08:002013-11-07T03:09:24.893-08:00Expecting George to do anything against anyone in ...Expecting George to do anything against anyone in The City?<br />Oh look, isn't that a blue pig flying over London!Johnmhttps://www.blogger.com/profile/14763363660123520529noreply@blogger.comtag:blogger.com,1999:blog-35658017.post-3073236635631298392013-11-05T15:13:31.276-08:002013-11-05T15:13:31.276-08:00Another 'goodie' Rowan; this one containin...Another 'goodie' Rowan; this one containing some astounding comments including this one: "The U.S. Justice Department agreed to defer criminal charges against Rabobank for two years, and drop charges if the lender complied with demands to cooperate in investigations.<br />Although it said no executive board members had been aware of or involved in the misconduct, the board had voluntarily forfeited remuneration worth a total of 2 million euros." It beggars belief that management didn't know and it is unacceptable. The internal management reports would have clearly indicated performance that could not have occurred in 'the normal course' of business. Management's failure to detect where the profits were coming from is in short, not credible. Yet still no prosecutions. As someone who spends a significant amount of time poring over management reports at law firms the identification of aberrant behaviour is not especially. difficult. The identification of the causes of changes is straightforward if somewhat forensic. The inference from your blog is that so far no one has been through the management reports. That can only be described as negligent. I can't see how this will ever be rectified unless a major political party goes into bat now and states that it will ensure the regulators are prosecuted if they have failed to detect or ignored criminal activity.<br />AshleyAbogadoNZhttps://www.blogger.com/profile/07448369491881106283noreply@blogger.com