Banksters 2: The Return!
translated from french
no paragraphs
By PASCAL ORDONNEAU / FORMER CEO
The French and now the Germans themselves, those who have the right model, made mistakes lese dollar. To earn money, continental European bankers are willing to do the worst but never the best. Are there only good banks? Bankers do not they belong to the caste of untouchables?
The Banksters are among us
every day Bankers go to confession. Every day, a bank, large or small, (especially large) is set to "a" newspaper: it facilitated tax evasion, it has supported the business with people that Americans do not like She assured transit and compensation considerable sums of money between producers and marketers of drugs .... The list is long. Bankers are they become Banksters? Therefore, compacting in one of the two words "Bank" and "gangster" was made: bankster! Do they be criminals or as accomplices of criminals, even going . It is not too new in the spirit of "good people" and that even knowledgeable people that are the Presidents of the Republic, their various women, journalists, bankers are a civilized version of the thief. The worst is when, in addition, they lose money.They abused by either! But they lose, no! The worst comes when the "good people" and "the widow of Carpentras" discover that the losses are caused by young guys sprinkled bonus and rewarded with huge salaries. Bonus too involved in too many losses, it is "too much" tout court: the view is from "suspicious" to "hostile." Means here and there in the cottages in the nine to three and the mansions of the bourgeoisie "Trader" is not appropriate and that working in the Bank, it is not very clear.And dinners in town, you better be Chief window at the Caisse d'Epargne boss of a team of investment bankers. Bankster! It is reassuring that we had to create a new word ... The worst was to keep the word "banker" and let his senses drift negatively following the example of some names profession: "Real estate developer", " Speculator " "Dentists" or even more atrocious "Insurers" froze in a sinister and fatal picture. There would be a side bankers who are professionals responsible and honest, a minority one imagines. This one is a slave computers. When asked a question, she rushes to put crosses in a grid, then she expects that the computer spitting winded answer that anything is possible if there are guarantees and if the income equivalent threesome SMIC . We see these bankers then television. They are near everyone and only think one thing: "my small business" and "my booklet Savings security." They smile because frankly there is no trouble in their work and their customers are happy because they have not yet lost their deposits because of the follies of other bankers, colleagues of the former, which are also maybe not in France, London often. These are the "banksters" they represent "the dark side of the force." Differentiate first is nevertheless not easy despite their wickedness. Unlike Darth Vader costume that employment, bankers and banksters are dressed almost the same way (maybe pinstripe suits banksters they are a bit more pronounced) and have identical ties (those banksters can be a bit showy). Only shoes (always perfectly polished-ice in leather pulling the apple green or purple darkened) and watches (complication, of course) differ: it is also noted that the banksters are often equipped with wide straps in bright colors for to keep their pants up even when they lose their pants. So if you are called to meet with a banker and if you want to make sure this is not a bankster, look at his shoes, his watch and his suspenders, not cumulatively. Origins of the world Bank and Bankers have never been associated with positive adjectives. "A bank is a trader who makes his living with the money as raw material ... except that the raw material belongs to not, it's other people's money. " Thence to consider Banker and thief are the same thing or two sides of the same coin, money, there is not far away. But money is not good. Most programs of nationalization, dispossession or bank expropriations, which are the modern version of the elimination of the Templars by Philip the Fair, even (especially) when they were not disinterested, relied on considerations morals. Use what belongs to others to earn money and to fill their pockets is not "fair." It is frankly unfair when one realizes that, if losses occur, they are the "other" (you and me) who will bear the brunt of the operation!! So, at first glance, a banker is a difficult kind individual. This negative vision, based on a kind of genetic defect, traditionally amplified during the distribution of credit and risk taking "the banker is a person who never leaves home without his umbrella "," we do not pay for men and projects, so in the future, but the balance sheets and warranties, so the past "is a classic in the general disapproval to the against bankers."When you do not need, they chase us and want our economies when they are needed, they avoid us and we refuse their loans."These themes then reassured. They are old as Croesus. Yet it is not enough to make a "Bankster". It is rude not to have a "green light" from his banker for a loan but it's not what led to the process of "thief", "gangster", etc. .... It is with the financialization of economies and the globalization of capital markets, ie a kind of débancarisation, the bankers have won their spurs Banksters. The crisis of 2008 amid the collapse of the U.S. banking system (Lehman Brothers), followed by crunches claims in the English system and endangering banks invested in the "subprime" (German banks, English, Spanish) , with the apotheosis, the failure of almost all of the Irish and Icelandic banks has caused considerable economic earthquake with its attendant unemployment, decrease of GDP, loss of pension and pension funds .... Yes, the subprime mortgages were distributed "to pick up." Yes, the collapse of the U.S. housing came from a speculative fever sustained and amplified by the overly generous distribution of bank loans. But the substance of the matter is that these credits were replaced in the form of structured products and sold to "investors". Banks, frankly, got rid of their credits and muddy takers who were not bankers are not for a moment wondered if it is not ironed their "hot potato"! In truth, they knew nothing about potatoes and gastronomy attached. Madoff's business, (that have nothing to banking), Lehman Brothers, AIG (which is an insurance company), the run on the Northern Bank Rock in England and the Greek banks have focused on what has been called arrogance, megalomania and greed of the bankers. notoriety bankers, a lost cause? bonuses widely distributed, even at the height of the crisis, the bank executives who had not the foresight or ability to anticipate events, but also to traders including some elements causing loss counted in billions of dollars, have contributed to make the case difficult to defend bankers. In 2009, a survey by the Sofres included the question "do you think, from the following categories, which are the two who bear the greatest responsibility for the origin of the current global financial and economic crisis?" 58% of French banks respond first. Bankers whose reputation has always suffered from the particular nature of their business and of its position in the workings of economies that create money ex nihilo and even managed to pass the gold to build fortunes, are being charged with more vehemence. The European Commission, however, usually qualified, came to propose that "individual criminal responsibility of financial actors is finally recognized in European law," in the words of Emmanuel José Barroso, the President. It drove the point home: "We have seen abusive behavior on the markets, some have caused the current crisis.We are going to regulate these practices! Those who violate incur criminal penalties. This will be a first in European legislation and a strong signal. " After Lehmann after Irish banks after the collapse of HypoRéal, the "discovery" of the devastation caused by a new category of loans did not help! This is the famous "toxic loans" arranged for the benefit of local communities innocent victims of imagination and creativity (necessarily) evil bankers. After all horrors, that the American justice as happens now, the son of cowboys and Indians, Mounted Cavalry, once the battle was lost and the well hung crisis. This this same temper which leads to reinvigorate an old idea: "the total or partial nationalization"! As if the presence of States and their officials at the head of the banks gave a certainty guarantees professionalism and ethics in management!The Bankers Are the banksters? On a hunch it will take a long time to return to the level of hostility "classic" which is invariably tied to business money. But fortunately the English saying is there to announce tomorrows "every cloud has silver lining HAS" ... and most importantly, the president of all the French, François II, launched a new slogan: "there has good banks and there are bad banks. Follow the good banks! ".
every day Bankers go to confession. Every day, a bank, large or small, (especially large) is set to "a" newspaper: it facilitated tax evasion, it has supported the business with people that Americans do not like She assured transit and compensation considerable sums of money between producers and marketers of drugs .... The list is long. Bankers are they become Banksters? Therefore, compacting in one of the two words "Bank" and "gangster" was made: bankster! Do they be criminals or as accomplices of criminals, even going . It is not too new in the spirit of "good people" and that even knowledgeable people that are the Presidents of the Republic, their various women, journalists, bankers are a civilized version of the thief. The worst is when, in addition, they lose money.They abused by either! But they lose, no! The worst comes when the "good people" and "the widow of Carpentras" discover that the losses are caused by young guys sprinkled bonus and rewarded with huge salaries. Bonus too involved in too many losses, it is "too much" tout court: the view is from "suspicious" to "hostile." Means here and there in the cottages in the nine to three and the mansions of the bourgeoisie "Trader" is not appropriate and that working in the Bank, it is not very clear.And dinners in town, you better be Chief window at the Caisse d'Epargne boss of a team of investment bankers. Bankster! It is reassuring that we had to create a new word ... The worst was to keep the word "banker" and let his senses drift negatively following the example of some names profession: "Real estate developer", " Speculator " "Dentists" or even more atrocious "Insurers" froze in a sinister and fatal picture. There would be a side bankers who are professionals responsible and honest, a minority one imagines. This one is a slave computers. When asked a question, she rushes to put crosses in a grid, then she expects that the computer spitting winded answer that anything is possible if there are guarantees and if the income equivalent threesome SMIC . We see these bankers then television. They are near everyone and only think one thing: "my small business" and "my booklet Savings security." They smile because frankly there is no trouble in their work and their customers are happy because they have not yet lost their deposits because of the follies of other bankers, colleagues of the former, which are also maybe not in France, London often. These are the "banksters" they represent "the dark side of the force." Differentiate first is nevertheless not easy despite their wickedness. Unlike Darth Vader costume that employment, bankers and banksters are dressed almost the same way (maybe pinstripe suits banksters they are a bit more pronounced) and have identical ties (those banksters can be a bit showy). Only shoes (always perfectly polished-ice in leather pulling the apple green or purple darkened) and watches (complication, of course) differ: it is also noted that the banksters are often equipped with wide straps in bright colors for to keep their pants up even when they lose their pants. So if you are called to meet with a banker and if you want to make sure this is not a bankster, look at his shoes, his watch and his suspenders, not cumulatively. Origins of the world Bank and Bankers have never been associated with positive adjectives. "A bank is a trader who makes his living with the money as raw material ... except that the raw material belongs to not, it's other people's money. " Thence to consider Banker and thief are the same thing or two sides of the same coin, money, there is not far away. But money is not good. Most programs of nationalization, dispossession or bank expropriations, which are the modern version of the elimination of the Templars by Philip the Fair, even (especially) when they were not disinterested, relied on considerations morals. Use what belongs to others to earn money and to fill their pockets is not "fair." It is frankly unfair when one realizes that, if losses occur, they are the "other" (you and me) who will bear the brunt of the operation!! So, at first glance, a banker is a difficult kind individual. This negative vision, based on a kind of genetic defect, traditionally amplified during the distribution of credit and risk taking "the banker is a person who never leaves home without his umbrella "," we do not pay for men and projects, so in the future, but the balance sheets and warranties, so the past "is a classic in the general disapproval to the against bankers."When you do not need, they chase us and want our economies when they are needed, they avoid us and we refuse their loans."These themes then reassured. They are old as Croesus. Yet it is not enough to make a "Bankster". It is rude not to have a "green light" from his banker for a loan but it's not what led to the process of "thief", "gangster", etc. .... It is with the financialization of economies and the globalization of capital markets, ie a kind of débancarisation, the bankers have won their spurs Banksters. The crisis of 2008 amid the collapse of the U.S. banking system (Lehman Brothers), followed by crunches claims in the English system and endangering banks invested in the "subprime" (German banks, English, Spanish) , with the apotheosis, the failure of almost all of the Irish and Icelandic banks has caused considerable economic earthquake with its attendant unemployment, decrease of GDP, loss of pension and pension funds .... Yes, the subprime mortgages were distributed "to pick up." Yes, the collapse of the U.S. housing came from a speculative fever sustained and amplified by the overly generous distribution of bank loans. But the substance of the matter is that these credits were replaced in the form of structured products and sold to "investors". Banks, frankly, got rid of their credits and muddy takers who were not bankers are not for a moment wondered if it is not ironed their "hot potato"! In truth, they knew nothing about potatoes and gastronomy attached. Madoff's business, (that have nothing to banking), Lehman Brothers, AIG (which is an insurance company), the run on the Northern Bank Rock in England and the Greek banks have focused on what has been called arrogance, megalomania and greed of the bankers. notoriety bankers, a lost cause? bonuses widely distributed, even at the height of the crisis, the bank executives who had not the foresight or ability to anticipate events, but also to traders including some elements causing loss counted in billions of dollars, have contributed to make the case difficult to defend bankers. In 2009, a survey by the Sofres included the question "do you think, from the following categories, which are the two who bear the greatest responsibility for the origin of the current global financial and economic crisis?" 58% of French banks respond first. Bankers whose reputation has always suffered from the particular nature of their business and of its position in the workings of economies that create money ex nihilo and even managed to pass the gold to build fortunes, are being charged with more vehemence. The European Commission, however, usually qualified, came to propose that "individual criminal responsibility of financial actors is finally recognized in European law," in the words of Emmanuel José Barroso, the President. It drove the point home: "We have seen abusive behavior on the markets, some have caused the current crisis.We are going to regulate these practices! Those who violate incur criminal penalties. This will be a first in European legislation and a strong signal. " After Lehmann after Irish banks after the collapse of HypoRéal, the "discovery" of the devastation caused by a new category of loans did not help! This is the famous "toxic loans" arranged for the benefit of local communities innocent victims of imagination and creativity (necessarily) evil bankers. After all horrors, that the American justice as happens now, the son of cowboys and Indians, Mounted Cavalry, once the battle was lost and the well hung crisis. This this same temper which leads to reinvigorate an old idea: "the total or partial nationalization"! As if the presence of States and their officials at the head of the banks gave a certainty guarantees professionalism and ethics in management!The Bankers Are the banksters? On a hunch it will take a long time to return to the level of hostility "classic" which is invariably tied to business money. But fortunately the English saying is there to announce tomorrows "every cloud has silver lining HAS" ... and most importantly, the president of all the French, François II, launched a new slogan: "there has good banks and there are bad banks. Follow the good banks! ".
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