Comments on: A glimmer of credit crunch justice http://blogs.channel4.com/snowblog/2009/07/03/a-glimmer-of-credit-crunch-justice/ Just another Channel 4 Blogs weblog Mon, 23 Nov 2009 12:45:53 +0000 http://wordpress.org/?v=2.8.4 hourly 1 By: Dennis Junior http://blogs.channel4.com/snowblog/2009/07/03/a-glimmer-of-credit-crunch-justice/comment-page-1/#comment-15648 Dennis Junior Mon, 10 Aug 2009 17:13:50 +0000 http://blogs.channel4.com/snowblog/?p=1774#comment-15648 Jon Snow: That is good news, that theirs a glimmer of justice following the credit crunch.... =Dennis Junior= Jon Snow:

That is good news, that theirs a glimmer of justice following the credit crunch….

=Dennis Junior=

]]> By: Peter Lloyd http://blogs.channel4.com/snowblog/2009/07/03/a-glimmer-of-credit-crunch-justice/comment-page-1/#comment-14069 Peter Lloyd Mon, 06 Jul 2009 22:24:11 +0000 http://blogs.channel4.com/snowblog/?p=1774#comment-14069 Hi Saltaire Sam, I think you'll find that the electorate is way ahead.....you need to keep up...ask Mervyn King...? Hi Saltaire Sam, I think you’ll find that the electorate is way ahead…..you need to keep up…ask Mervyn King…?

]]> By: Peter Lloyd http://blogs.channel4.com/snowblog/2009/07/03/a-glimmer-of-credit-crunch-justice/comment-page-1/#comment-14068 Peter Lloyd Mon, 06 Jul 2009 22:17:35 +0000 http://blogs.channel4.com/snowblog/?p=1774#comment-14068 A 'throw away' statement Zinoviev....move on...the world's changed.... A ‘throw away’ statement Zinoviev….move on…the world’s changed….

]]> By: Peter Lloyd http://blogs.channel4.com/snowblog/2009/07/03/a-glimmer-of-credit-crunch-justice/comment-page-1/#comment-14014 Peter Lloyd Sun, 05 Jul 2009 20:40:57 +0000 http://blogs.channel4.com/snowblog/?p=1774#comment-14014 Allow me...Imagine..just suppose...? Let's compare the Drug Trade and International Finance.. Shared Aims - To maximise Trade and Profit To meet, maximise and maintain demand Legal Constraints To comply with legislation and regulation..and identify all other means to avoid tax or regulation. Rewards - wealth, status, notoriety, income from books and films, celebrity Risks - Short term imprisonment, ineffective proceeds of crime laws. Peter's comments (that's me that is) Money and power are powerful drivers, addictive, and each element generates an increase acquisition of the other. We must break this comparison and generate responsible Governance that can look across the street and say. I ain'.t no dealer... At present it's Dealer City out there..! Replies below please Allow me…Imagine..just suppose…?

Let’s compare the Drug Trade and International Finance..

Shared Aims –
To maximise Trade and Profit

To meet, maximise and maintain demand

Legal Constraints

To comply with legislation and regulation..and identify all other means to avoid tax or regulation.

Rewards – wealth, status, notoriety, income from books and films, celebrity

Risks – Short term imprisonment, ineffective proceeds of crime laws.

Peter’s comments (that’s me that is)

Money and power are powerful drivers, addictive, and each element generates an increase acquisition of the other.

We must break this comparison and generate responsible Governance that can look across the street and say.

I ain’.t no dealer…

At present it’s Dealer City out there..!

Replies below please

]]> By: zinoviev http://blogs.channel4.com/snowblog/2009/07/03/a-glimmer-of-credit-crunch-justice/comment-page-1/#comment-13973 zinoviev Fri, 03 Jul 2009 16:48:43 +0000 http://blogs.channel4.com/snowblog/?p=1774#comment-13973 Is it just me that remembers Thatcher's phrase "you can't buck the market"? Surely that's what the 2am oil trader actually did. Surely that's what "City traders" (trading in nothing concrete) do all the time... Is it just me that remembers Thatcher’s phrase “you can’t buck the market”? Surely that’s what the 2am oil trader actually did. Surely that’s what “City traders” (trading in nothing concrete) do all the time…

]]> By: Saltaire Sam http://blogs.channel4.com/snowblog/2009/07/03/a-glimmer-of-credit-crunch-justice/comment-page-1/#comment-13971 Saltaire Sam Fri, 03 Jul 2009 14:14:52 +0000 http://blogs.channel4.com/snowblog/?p=1774#comment-13971 I'm rapidly coming to the conclusion that we wasted our money in saving banks and bolstering up the city. They seem to have taken it as their right and while they care keeping a lower profile, I can't see that much has changed. They are still over paid, still get ridiculous bonuses and traders seem to be still taking enormous punts that end up with ordinary people paying more for petrol. A few of them need to go to jail to enourage the others. I’m rapidly coming to the conclusion that we wasted our money in saving banks and bolstering up the city. They seem to have taken it as their right and while they care keeping a lower profile, I can’t see that much has changed. They are still over paid, still get ridiculous bonuses and traders seem to be still taking enormous punts that end up with ordinary people paying more for petrol.

A few of them need to go to jail to enourage the others.

]]> By: stephen webster http://blogs.channel4.com/snowblog/2009/07/03/a-glimmer-of-credit-crunch-justice/comment-page-1/#comment-13969 stephen webster Fri, 03 Jul 2009 13:41:00 +0000 http://blogs.channel4.com/snowblog/?p=1774#comment-13969 Baltic Index: Well known in the City but less so by UK persons given lack of shipping manufacturers / distributors. You could do worse than monitor Clarkson plc one of the bigest shipping brokers in the world. Plenty of information there or, at least, in house. Baltic Index: Well known in the City but less so by UK persons given lack of shipping manufacturers / distributors. You could do worse than monitor Clarkson plc one of the bigest shipping brokers in the world. Plenty of information there or, at least, in house.

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