CITY A.M. CONFIRMS: banks act as vampires sucking life blood from companies to bankrupt them

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14 02 02 Vampire banksHere’s the link to City A.M.’s article Vampire banks versus zombie firms

RBS is acting like a “vampire,” sucking the cash out of troubled firms as soon as it becomes available, Lawrence Tomlinson told MPs this afternoon.

Tomlinson caused a storm last year when he published a report into the treatment of small firms by the bank, arguing it took businesses with strong balance sheets and squeezed them hard, ultimately taking their assets and making money for the bank.

He gathered the evidence from 200 firms at the time and more than 1000 since, in his role as the Department of Business, Innovation and Skills’ entrepreneur in residence.

He met MPs of the Treasury Select Committee to give more details on the claims that RBS’s Global Restructuring Group (GRG) is engineering firms into financial distress. The video is here.

“When your business was moved into the GRG by whatever fashion, you were given perhaps a doubling of the bank’s interest rate margin and lots and lots of fees,” Tomlinson told the Treasury Select Committee.

“The business becomes strangled. It is frustrating to hear talk on ‘zombie firms’. I liken them more to a vampire business – they are kept in the GRG and as soon as they get any cash to invest and grow, it is taken out of them. I have seen firms face charges and fees that are set exactly at the amount that the firms have made.” More

CUFFING, NODDING, skewing & stitching: ways of falsifying crime statistics

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13 11 19 Crime statisticsI’m watching the HoC Public Administration Committee meeting in Room 8 re Crime Statistics. What a privilege to be able to experience on screen rather than having to go where I’ve gone since a human rights lawyer advised the Forum for Stable Currencies to ‘go for Parliamentary scrutiny via the Treasury Select Committee':
http://www.parliamentlive.tv/Main/Player.aspx?meetingId=14214

Not only Chairman Bernard Jenkin MP is SHOCKED!!!

One of the submitted reports is on http://data.parliament.uk/writtenevidence/WrittenEvidence.svc/EvidenceHtml/3383 – one of the retired officers behind The Thin Blue Line and Car Crime UK.

But the real shocker is whistleblower PC James Patrick of the Metropolitan Police who put a book together from a number of blogs.

The membership of the committee includes Alun Cairns who is the MP for Maurice J Kirk MBSc. Maurice has been challenging South Wales Police more or less single handedly for nearly 30 years.

Unfortunately, the ‘recording of crime data’ is well after the event. It just keeps other people in pay. But the question needs to be asked, once again: cui bono? Who benefits? 

Child sexual offences have a special way of being covered up, i.e. refer to ‘mental health’! More

CIVIL ABUSE of Royal Privileges: Letters to HM The Queen [Cassandra wailing]

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Tercentenary of the Bank of England, commemora...

It’s obviously time to write to Buckingham Palace again, even though it doesn’t seem to achieve anything at all – besides prompt responses, passing me on to Ministers who don’t communicate.

So I’m just soothing my conscience: I want to die, knowing that I’ve tried my best. I want HM to know what, just like in all the fairy tales of the world, Her Ministers won’t tell her. Because they don’t seem to have the ethics, morals and integrity necessary to be a ‘voice for the people’. At its best, they are, what my husband used to call a ‘mutual adoration society’. But, in reality, they are making civil abuse of royal privileges as enshrined in Royal Charters.

Since 2008 I’ve been writing as the Organiser of the Forum for Stable Currencies, after a human rights lawyer had advised us to ‘go for Parliamentary Scrutiny via the Treasury Select Committee‘.  More

Your Chance to Complain to the Commission on Banking Standards!

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The Palace of Westminster seen from east. Vict...

The Palace of Westminster seen from east. (Photo credit: Wikipedia)

Andrew Tyrie MP is not only the Chairman of the Treasury Select Committee, but also now of the Commission on Banking Standards. In French, I would say ‘ça tombe bien': ‘it falls well’.

I don’t have to distinguish between the lack of Enforcement of the Bank of England Act 1694 and the dishonesty of our money system as the CAUSE and their EFFECTS: white collar crimes and their victims, or as Maurice Kirk puts it: blanket immunity to civil servants and professions who seriously break the law.

Please, do consider making your complaint. I know it seems hardly worth doing. I know “they” pay only lip service and your contribution will only make history by being published. But let’s do it anyway, just to satisfy our own conscience:
“You’ve gotta dance like there’s nobody watching,
Love like you’ll never be hurt,
Sing like there’s nobody listening,
And live like it’s heaven on earth.”

Here’s the link and the full text:

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Another class action: FSA failed victims of financial fraud

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What are regulators for if they fail to regulate? To be replaced by another dysfunctional organisation.

Why do politicians believe regulators ‘work’? Because they don’t have the understanding of the system of dishonest money and public debts that plays the tunes that everybody in public office is singing.

Why do victims have to fight for their rights? Because people in positions of institutional power don’t care, don’t deal with individual cases and generally seem to be trained to fob off.

Here is the latest example I came across: Cameron Farley Action Group.

As long as governments produce the money to bail out banks, they should also produce it for victims and act as Compensator of Last Resort.

The Public Inquiry into White Collar Crimes petition is our latest attempt towards that goal.

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