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Old 20-07-2023, 13:18   #249
jfman
Architect of Ideas
 
Join Date: Dec 2004
Posts: 11,146
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Re: The Bank of Farage

Quote:
Originally Posted by Chris View Post
Except that there is clearly a lot of flexibility over how the ‘rules’ are applied once you have a foot in the door, and there is no evidence that his finances flagged up on any automatic system designed to draw attention to accounts that no longer met those rules.
What’s the point of running an exclusive institution if you don’t have some flexibility around who is (or isnt) an appropriate person.

I’m quite sure when mortgages end it flags on systems in advance and they don’t continue in perpetuity until someone notices.

Quote:
They were *looking* for reasons to bin him, and while their own rules on investment/borrowing were actually adequate reasons for doing so, they were not the reasons that drove the process, nor were they the ones that sealed his fate.
Considering his views have been well known for so long they randomly came up with the idea and chanced upon the fact he’d no longer meet the criteria in a small number of months.
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