[Ignitionnet]

Originally Posted by mertle

http://blogs.news.sky.com/therealeco...6-d53f3becae62

Damn so what the implecations of this news. Should there now be more stringent regulation on our banking sector.

What impact will this have on the economy.

They're working on it, their whoring of capital is part of the reason lending has dried up.

Quantitative Easing 2 will also pump them with cash - 75 billion of it.

---------- Post added at 15:13 ---------- Previous post was at 15:11 ----------

Originally Posted by mertle

There defenately something fishy on way its run and how it can possibly manipulated

Tad late to comment on how it can possibly be manipulated, think you'll find it's all manipulated on a daily basis and we're entirely beholden to banks, hence the massive transfer of profits to a select group and losses to the public. Capitalise the profits, socialise the losses.