The full scale of big banks’ lobbying of the Chancellor, George Osborne, to get him to water down banking reforms can be revealed today.

Posted on December 18, 2011 by Admin

http://www.sovereignindependent.com/?p=31766

Revealed: bankers’ secret meetings with ministers

Details of Treasury visits prompt fears Osborne will take soft line on banking reform

Independent.co.uk

The full scale of big banks’ lobbying of the Chancellor, George Osborne, to get him to water down banking reforms can be revealed today. Senior bank executives met or called Treasury ministers nine times in the weeks after Sir John Vickers published his landmark proposals on how to prevent another banking crisis, The Independent can reveal.

Bank bosses are fighting furiously behind the scenes to limit any changes to the way they do business. Fears are growing – articulated by Sir John himself – that the banks are successfully thwarting the Government’s plans to overhaul the British banking system and the Treasury is weakening some of the key reforms as a result of intense lobbying.

Mr Osborne also personally met the Barclays boss Bob Diamond, the Royal Bank of Scotland’s Stephen Hester and Lloyds’ Antonio Horta-Osorio on separate occasions in the days before the Vickers report.

Read More : Independent.co.uk

Diane Reply

December 17, 2011 at 19:42

I’m glad this one is out of the bag! Last year the traitor Cowen was at the Trilateral in Dublin, Rockefeller was there, what was the then Taioseach, doing there? Why was he even breathing the same air as an admitted and avowed traitor of the US. Why was this allowed to happen? Cowen should have been arrested on the spot!
Rockefeller is an self confessed traitor. People need to understand what is going on! Also Kissenger a wanted criminal (allegedly) was there, a warrant was presented for his arrest to the Gardai and he was allowed to leave Ireland??? This has major implications for the Bailey case, but his brief is not keeping his finger on the pulse, but that is another discussion. So, what we have is a lawless State, what are we to do?

Diane, take a look at some of these, Malcolm

 

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