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(not satire – it’s the UK today!)
The effort to cover up the role of reckless banking and the massive taxpayer bailouts of incompetent bankers in the great recession of 2007 is continuing unabashedly.
In a little noticed exchange during questioning of Bank of England executives in parliament – it was revealed the recordings of the meetings from the time of the banking crisis which created the recession have all been destroyed.
Here’s the story in more detail (from a US publication):
Bank of England Shredded Its Crisis Era Records
The executives also revealed the recordings were never transcribed.
So the records of the decisions that were made at the time are all gone. Forever.
How very convenient for them.
This is, of course, little short of scandalous.
But don’t expect to hear much about it here in the UK from the mainstream media who have already managed to shift the blame for the economic crisis away from reckless, incompetent bankers and onto the unemployed, the disabled and migrant workers.
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Please feel free to comment.
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Editor said:
Reblogged this on kickingthecat.
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Jeffrey Davies said:
banksters still at it rewarding themselves vast bonuses yet its us who pay for it it shouldn’t be they walk free but locked up for whot they did and still doing if one think they will tell the truth then look at the tory party do you ever hear truer words spoken from them they all in it to screw us that 99percent who aint rich jeff3
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thelovelywibblywobblyoldlady said:
Reblogged this on glynismillward189 and commented:
It seems the banks don’t give a ForEx…
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Pingback: BoE admits shredding records - cover up of bank...
micant1812 said:
Reblogged this on My Blog.
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beastrabban said:
Reblogged this on Beastrabban’s Weblog.
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rebelkathryn said:
Before the 2010 election Osborn spoke of “reining in the financial institutions”. Yeah, right. Of course, nothing has changed. They’re free to virtually do whatever they like.
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Mike Sivier said:
Reblogged this on Vox Political and commented:
Isn’t there a law against withholding this kind of evidence?
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Lynne Gill said:
The Government would sincerely love us to “draw a line underneath it once and for all” to quote an exasperated David Cameron, in one of those “time to stop bashing the bankers” articles which abounded last year whenever someone tried to hold them to account.
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basketbob said:
The unbelievably obscene amount of our money paid to keep the financial institutions in this country has been entirely wasted – it has just given the money moguls permission to do it all again.
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jaypot2012 said:
Reblogged this on Jay's Journal.
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chess said:
Trained by the Home office, no doubt. The might be no paper trail to follow but what about the electronic trail? Computer forensics would have a field day!
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chess said:
I’ve experienced this ‘draw a line under it and move on’ at first hand. If you can’t learn from the past what hope is there for the future? So no, let’s not them get away with it, let’s hold the beggars to account.
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Kim Jong-Nil. said:
Eh? I thought Labour single-handedly caused the global financial crisis *rolls eyes*
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Guy Ropes said:
The offence was conveniently abandoned some years ago. I think the only one they could be had for (open to correction) is malfeasance (or misconduct) in public office. When Ms. May gave her speech on the Lawrence saga last week in Parliament she suggested that a new offence to cover these circumstances would be created (but not retrospectively) possibly titled ‘corruption’. Similar circumstances were revealed when News International sat on evidence of an approach by Met Chief Inspector April Casburn last year. They had evidence of her offence but hid it until it suited their purposes. They were covering up that offence. Action taken against her – but not them.
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guy fawkes said:
If the police, army and judiciary were not so brainwashed, we might have half a chance of cleaning up and clearing out the criminals that are running the country.
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futureindoubt said:
As it stands we have to wait 15-30 years for enough people to rise up, assuming we don’t end up like the corporate version of North Korea.
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