Cable Forum - The Bank of Farage

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- Current Affairs (https://www.cableforum.uk/board/forumdisplay.php?f=20)

- - The Bank of Farage (https://www.cableforum.uk/board/showthread.php?t=33711990)

Sephiroth

26-07-2023 12:32

Re: The Bank of Farage

Quote:

Originally Posted by jfman (Post 36157191)

I don’t believe it is to be honest, his mortgage ends and he no longer met the criteria. They decided the additional costs of keeping him on the books (economic considerations in the dossier) meant it wasn’t viable to keep him on. A bread and butter financial decision for any capitalist entity. It’s there in black and white.

All the while this schadenfreude distracts from the fact every other bank he’s approached turned him down. Did all of them vote remain?

If binning Farage for political reasons was a thing why not ten years ago?

Did she tell you that, John? The FoI request proved that it was about his views diverging from the bank's "views and purpose". He met the bank's economic criteria (see https://www.telegraph.co.uk/news/202...-bank-account/ ).

I'm so disappointed, John. This thread was going so well until your dislike of Farage overcame fact.

Mr K	26-07-2023 12:46

Re: The Bank of Farage

Quote:

Originally Posted by Sephiroth (Post 36157220)

I'm so disappointed, John.

Life is full of disappointments Brian :D

Sephiroth

26-07-2023 12:47

Re: The Bank of Farage

Quote:

Originally Posted by Ms NTL (Post 36157202)

Did he meet the criteria? Yes or no. Proof?

That's the question.

I agree with the rest.

https://www.telegraph.co.uk/news/2023/07/19/coutts-full-dossier-on-nigel-farage-closed-bank-account/

You don't need a subscription. It's the first thing you see on the link.

jfman

26-07-2023 12:53

Re: The Bank of Farage

It’s right there on pages 1 and 39 that the decisions are commercial, as is entirely proper in a capitalist society. The fact he’s got many other issues is a sideshow.

Hugh	26-07-2023 14:43

Re: The Bank of Farage

1 Attachment(s)

Quote:

Originally Posted by Sephiroth (Post 36157222)

https://www.telegraph.co.uk/news/2023/07/19/coutts-full-dossier-on-nigel-farage-closed-bank-account/

You don't need a subscription. It's the first thing you see on the link.

https://www.cableforum.uk/board/atta...2&d=1690378988

Bottom of page 1 of the document

Sephiroth

26-07-2023 14:50

Re: The Bank of Farage

Quote:

Originally Posted by jfman (Post 36157225)

It’s right there on pages 1 and 39 that the decisions are commercial, as is entirely proper in a capitalist society. The fact he’s got many other issues is a sideshow.

Your head is in the sand, John, picking out what you want read.

See page 3 and this:

Quote:

EC for connection is about £***

1. Client has recently been declassified from Higher Risk PEP to Lower Risk PEP – he will be declassed completely at next review if he remains out of politics for the next 12 months.
2. Following the declassification, the client’s EC is now sufficient to retain on commercial basis.
3. No other group connections in evidence.

The P39 EC statement directly contradicts #2 in the quote above. The rest of P39 is pure vitriol and politics.

jfman

26-07-2023 14:52

Re: The Bank of Farage

Quote:

Originally Posted by Sephiroth (Post 36157234)

Your head is in the sand, John, picking out what you want read.

See page 3 and this:

The P39 EC statement directly contradicts #2 in the quote above. The rest of P39 is pure vitriol and politics.

That refers to the day on which it was written. Not the point in the then future at which his mortgage cleared.

There is indeed a lot of politics in the document - nobody can dispute that. It’s quite clear. However, the basis upon which they removed his accounts is commercial. It’s the only factor that had changed - his politics haven’t.

Sephiroth

26-07-2023 15:03

Re: The Bank of Farage

Given the huge body of politics in the document versus the 1 liner on EC, it's very clear they didn't want Farage because they thought he was fascist pig , with openly anti-gay views etc.

That's what did it.

jfman

26-07-2023 15:27

Re: The Bank of Farage

Quote:

Originally Posted by Sephiroth (Post 36157237)

The number of words typed doesn’t necessarily equate to the weighting of a decision.

They’ll have had some “lackey” as Farage put it when he contacted the CEO’s office and pull together a few pages here or there on anything he’s said publicly, and outline the reputational risk to them should be go public. Nothing untoward or unexpected in that.

If they’d wrote a one pager saying he didn’t have the money he’d be all “don’t they know who I am?”. Well yes, Nigel, they do know who you are and you still don’t have the money.

Sephiroth

26-07-2023 15:35

Re: The Bank of Farage

You just don't like Farage.

I think he's a great man.

Hugh	26-07-2023 15:54

Re: The Bank of Farage

I wonder why the 10 other banks (his words, not mine) won't give him an account?

jfman

26-07-2023 15:54

Re: The Bank of Farage

Quote:

Originally Posted by Sephiroth (Post 36157245)

You just don't like Farage.

I think he's a great man.

So you are equally as likely to have a clouded judgement based on your personal view. If not more so.

TheDaddy

26-07-2023 15:55

Re: The Bank of Farage

Quote:

Originally Posted by Sephiroth (Post 36157245)

You just don't like Farage.

I think he's a great man.

What bit do you like best, that he seems to knows all the words to Hitler Youth songs or that his political hero was Oswald Mosley?

jfman

26-07-2023 15:55

Re: The Bank of Farage

Quote:

Originally Posted by Hugh (Post 36157248)

I wonder why the 10 other banks (his words, not mine) won't give him an account?

This, this and more this.

Sephiroth

26-07-2023 16:18

Re: The Bank of Farage

Quote:

Originally Posted by jfman (Post 36157249)

So you are equally as likely to have a clouded judgement based on your personal view. If not more so.

It would have been more balanced had you'd omitted the last few words.

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