Page 1 of 1
Collusion
Posted: January 13th, 2017, 10:46 am
by swynn
The FCA has been colluding with banks to rip-off SMEs by: permitting IRHP mis-selling, not investigating complaints and not investigating when "RBS (small business loans)" was debated in Parliament on 10 March 2010, excluding "sophisticated customers" from the Redress Scheme, keeping the details of the Scheme agreed with the banks secret, putting the banks in charge of an "independent" review of the Scheme, etc.
Re: Collusion
Posted: January 13th, 2017, 1:47 pm
by GoSeigen
I don't see the connection between your campaign of bashing the banks / regulator, and investment in banks -- which is what this board is about. Would you care to elaborate on the investment angle? Are banks uninvestable? Why? Are the regulator's failures good for banks' future results or bad? etc.
Thanks,
GS
Re: Collusion
Posted: January 13th, 2017, 2:21 pm
by dspp
Moderator Message:
Please this board is for investment matters. If you wish to post sector/share-specific stuff here at least a) provide relevant facts for substantiation and b) explain how the point you are making is investment-related. For non-investment-related matters you are welcome to post in POLITE DEBATE.
Re: Collusion
Posted: January 15th, 2017, 10:59 am
by swynn
I have posted on Catastrophe Corner about the dash for cash scandal, closely related to IRHP mis-selling. I hope this is a suitable topic for the Catastrophe Corner.