shah269 0 #1 August 7, 2012 http://buzz.money.cnn.com/2012/08/07/standard-chartered-iran-sanctions/?hpt=hp_t3 Shares of British banking giant Standard Chartered fell more than 23% on the London Stock Exchange Tuesday, one day after New York regulators accused the banking group of helping Iran avoid sanctions by concealing $250 billion in transactions over nearly 10 years. Ok.... "Led by its most senior management, [Standard Chartered] designed and implemented an elaborate scheme by which to use its New York branch as a front for prohibited dealings with Iran – dealings that indisputably helped sustain a global threat to peace and stability," the regulators said in the document. OK. Why can't we send these "most senior management" people to Cuba? Those who love love love love big banks. Thought on this act of supporting terrorists?Life through good thoughts, good words, and good deeds is necessary to ensure happiness and to keep chaos at bay. The only thing that falls from the sky is birdshit and fools! Quote Share this post Link to post Share on other sites
weekender 0 #2 August 7, 2012 im not sure about loving big banks but pretty sure you see me as part of the evil shadow world that controls your future, so ill respond. If a crime was committed then all involved should be prosecuted to the full extent of the law. the shareholders are already being punished, so no need to address that."The point is, I'm weird, but I never felt weird." John Frusciante Quote Share this post Link to post Share on other sites
shah269 0 #3 August 7, 2012 QuoteIf a crime was committed then all involved should be prosecuted to the full extent of the law. So what is the most these guys will get? Not much right? Reading up on it quickly it looks as if these guys will just resign and take their money and walk? Sure it may not be all of their money but it's better than no money. What do you think the odds of these guys who knew what was going on doing hard time? Hell GITMO and water boarding may never happen to these nice banker folks but.....heck anything is better than nothing. So what do you think?Life through good thoughts, good words, and good deeds is necessary to ensure happiness and to keep chaos at bay. The only thing that falls from the sky is birdshit and fools! Quote Share this post Link to post Share on other sites
weekender 0 #4 August 7, 2012 What do i think? i think you have a childish look on a large complicated industry. I think you dont listen to anyone who says anything that doesnt fit your thesis of bankers never get punished. i think if anyone, no matter how factual, counters your disjointed rambling, you just change subject. thats what i think. as to this case? i have no idea what the laws are but if they committed crimes i bet they will get punished. Criminals usually do. in my experience people who violate banking rules are punished quite harshly as they should."The point is, I'm weird, but I never felt weird." John Frusciante Quote Share this post Link to post Share on other sites
billvon 3,120 #5 August 7, 2012 You DO trust them. You have all your money in a bank, do you not? A credit union, if I recall. Quote Share this post Link to post Share on other sites
jcd11235 0 #6 August 7, 2012 Quote Why can't we send these "most senior management" people to Cuba? In one thread, you advocated sending such bankers to supermax prisons. Here, you've advocated sending them to a tropical island for cocktails and cigars. Math tutoring available. Only $6! per hour! First lesson: Factorials! Quote Share this post Link to post Share on other sites
shah269 0 #7 August 7, 2012 QuoteYou DO trust them. You have all your money in a bank, do you not? A credit union, if I recall. I haven't seen any stories of credit unions funding terrorists. And what was that bank that was laundering money for the cocaine dealers of Mexico? I'm sorry if I come across as jaded but....look at the recent history. Saying "Bankers are not to be trusted." Is not that far off in the deep end. The list goes on and on where they said "Trust us we know what we are doing!" Ah ok! Turns out they didn't and we had to bail them out. And then they said they could self regulate and then they go off and start laundering money to a terrorists state? Look if you or I were doing this, how hard would that door get kicked down and how fast would your hand be zip tied behind you and on a one way trip to GITMO getting the 5 star water boarding treatment for aiding and abetting a terrorist organization? That is assuming a Predator drone doesn't Hellfire your ass into next week! So why are these well educated well to do well connected individuals any different? Shouldn't they be treated as common criminals if found guilty of their actions? I'm sorry, and I wish it wasn't true but at this moment...I do not trust bankers. I'm sure 99.999% mean well but that 0.001% freak the hell out of me with respect to the damage they can and seem to do rather regularly with what appears to be little to no regard for human life nor the law. Please prove me wrong. Really please prove me wrong.Life through good thoughts, good words, and good deeds is necessary to ensure happiness and to keep chaos at bay. The only thing that falls from the sky is birdshit and fools! Quote Share this post Link to post Share on other sites
kelpdiver 2 #8 August 7, 2012 Quote Please prove me wrong. Really please prove me wrong. people have tried. But it's been repeatedly shown to be a fool's errand. Quote Share this post Link to post Share on other sites
shah269 0 #9 August 7, 2012 QuoteQuote Please prove me wrong. Really please prove me wrong. people have tried. But it's been repeatedly shown to be a fool's errand. Yeah? And I went off got a job for CNN wrote up this story just to piss you off? NO I was just on CNN and i saw this and posted it! And I'm saying odds are that the ones responsible will resign and walk as history has demonstrated with a few exceptions.Life through good thoughts, good words, and good deeds is necessary to ensure happiness and to keep chaos at bay. The only thing that falls from the sky is birdshit and fools! Quote Share this post Link to post Share on other sites
shah269 0 #10 August 7, 2012 http://www.bbc.co.uk/news/business-19159286 SO ok they decide to on their own for their own gain to launder money for terrorists. OK But who pays for their crimes? The public stock holder who had no way in which to protect themselves! You have to love these bankers! These guys make the cocaine dealers look amateurish! Shit! I can see it now "Ok so here is how it goes, we make up the rules a we go along. And if we don't like a given rule or law we will simply go around it as we see fit so as to ensure we make the most money for us. But if you bust our balls...well...not only will our stock go down but we will also bring some other stocks down which will ensure that you will have to retire in a shack in Mexico. So you tell me...do you really want to investigate us?"Life through good thoughts, good words, and good deeds is necessary to ensure happiness and to keep chaos at bay. The only thing that falls from the sky is birdshit and fools! Quote Share this post Link to post Share on other sites
weekender 0 #11 August 7, 2012 >So why are these well educated well to do well connected individuals any different? Shouldn't they be treated as common criminals if found guilty of their actions? they are. ive given you examples of a few. ive asked you repeatedly to provide me examples of convicted banking criminals who went unpunished. you have not and yet keep repeating the falsehood that they all go unpunished. also, you show your ignorance repeatedly by stating things completely and factually incorrect about the industry. the rules are written by federal and local governments. there are books and books published by the SEC and individual states. Finra and the CTFC, for example, are authorized to regulate the industry in ADDITION to the gov't. the gov't has granted the industry the right to create and enforce their own guidelines industry wide. In addition to laws you must abide by industry rules that are binding in a court of law. you ignorantly believe they make and enforce their own rules. your wrong. you have strong opinions on topics you have no understanding of and it makes you look foolish. fyi, i only reply to your comments to help more reasonable people understand the industry. i know knowledge is lost on you."The point is, I'm weird, but I never felt weird." John Frusciante Quote Share this post Link to post Share on other sites
shah269 0 #12 August 7, 2012 Quotethe gov't has granted the industry the right to create and enforce their own guidelines industry wide. In addition to laws you must abide by industry rules that are binding in a court of law. you ignorantly believe they make and enforce their own rules Guide lines help you dance around the rules. You know important ones like....don't launder money for terrorist nations right? Now as I said, if this you any one but a bank would they not have a visit in the middle of the night from some guys with very large guns? But since they are.....well what can you do right? You know what this reminds me of. Ever see that skit by Dave Chapel where they treated the local drug dealer as if he were a banker and treated the banker as if he were a local drug dealer! Look it up it's great!Life through good thoughts, good words, and good deeds is necessary to ensure happiness and to keep chaos at bay. The only thing that falls from the sky is birdshit and fools! Quote Share this post Link to post Share on other sites
weekender 0 #13 August 7, 2012 QuoteQuotethe gov't has granted the industry the right to create and enforce their own guidelines industry wide. In addition to laws you must abide by industry rules that are binding in a court of law. you ignorantly believe they make and enforce their own rules Guide lines help you dance around the rules. You know important ones like....don't launder money for terrorist nations right? Now as I said, if this you any one but a bank would they not have a visit in the middle of the night from some guys with very large guns? But since they are.....well what can you do right? You know what this reminds me of. Ever see that skit by Dave Chapel where they treated the local drug dealer as if he were a banker and treated the banker as if he were a local drug dealer! Look it up it's great! you dont get it or your a jerk who just doesnt want too. the laws are written by the gov't. in addition, the gov't allows the industry to create their own guidlines and/or rules which they, the gov't, will enforce in their courts. so the industry can create rules on top of laws. not rules to get around laws. how does what you say make any sense? really, think about it for a minute. the gov't allows a private organization to create its own laws? I'm going to repeat what ive said before. i feel sorry for you."The point is, I'm weird, but I never felt weird." John Frusciante Quote Share this post Link to post Share on other sites
shah269 0 #14 August 7, 2012 I was just yanking your chain relax! Have an apple! And remember, laundring money for a terrorist state can only get you fired! For the rest of us...we might get SHOT! If we are lucky!Life through good thoughts, good words, and good deeds is necessary to ensure happiness and to keep chaos at bay. The only thing that falls from the sky is birdshit and fools! Quote Share this post Link to post Share on other sites
billvon 3,120 #15 August 7, 2012 HONOLULU – HONOLULU -- A federal jury convicted a former B-2 stealth bomber engineer Monday of selling military secrets and helping China design a stealth cruise missile. Noshir Gowadia was accused of pocketing at least $110,000 from China, which he allegedly used to pay the mortgage on a multimillion-dollar oceanview home he built on Maui's north shore. http://www.foxnews.com/us/2010/08/09/hawaii-jury-convicts-b-stealth-bomber-engineer-selling-military-secrets-china/ If that's what engineers are like, why should we trust _you_? Quote Share this post Link to post Share on other sites
shah269 0 #16 August 7, 2012 Hell i don't trust me either! That's why i keep hiding things from myself like car keys and remote controls for the TV and the BlueRay player!! OK has any one seen my keys! And man is this guy one ugly ass engineer! What woman wants to put his dick any place near her body! No wonder he was selling to china! He was looking for a mail order bride!Life through good thoughts, good words, and good deeds is necessary to ensure happiness and to keep chaos at bay. The only thing that falls from the sky is birdshit and fools! Quote Share this post Link to post Share on other sites
kelpdiver 2 #17 August 7, 2012 QuoteHONOLULU – HONOLULU -- A federal jury convicted a former B-2 stealth bomber engineer Monday of selling military secrets and helping China design a stealth cruise missile. Noshir Gowadia was accused of pocketing at least $110,000 from China, which he allegedly used to pay the mortgage on a multimillion-dollar oceanview home he built on Maui's north shore. http://www.foxnews.com/us/2010/08/09/hawaii-jury-convicts-b-stealth-bomber-engineer-selling-military-secrets-china/ If that's what engineers are like, why should we trust _you_? hey, it's the same high standard of personal finance! Taking a 110k bribe to maintain a million dollar note makes little sense. Quote Share this post Link to post Share on other sites
shah269 0 #18 August 8, 2012 The HARP program allowed him to refinanced it! Hey at least we caught him before it was too late.....ah shit!Life through good thoughts, good words, and good deeds is necessary to ensure happiness and to keep chaos at bay. The only thing that falls from the sky is birdshit and fools! Quote Share this post Link to post Share on other sites
