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Supreme Court rules in favour of...

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Ron Brind
Ron Brind
Posts: 19041
Joined: 26th Oct 2003
Location: England
quotePosted at 16:35 on 25th November 2009

Yeah, you guessed it, the banks!!

See the report at the following link:

 http://blogs.ft.com/westminster/2009/11/banks-dont-treat-us-how-we-treat-you/

If the banks win this argument they stand to have to pay out £billions to us mere peasants, so could it be there was pressure applied by anybody?

And did you know that the Government gave the banks another £62 billion SECRETLY (and that was before the bailout that we know about). Disgusting, despicable, unbelievable and they want us to Vote for them in the forthcoming Election. What is the matter with us people, why aren't we taking to the streets as they would in any other country?

It was £62billion, not million as I quoted in the post!

 



Edited by: Ron Brind at:26th November 2009 07:49
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Ruth Gregory
Ruth Gregory
Posts: 8072
Joined: 25th Jul 2007
Location: USA
quotePosted at 01:41 on 26th November 2009

I didn't know you had a Supreme Court over there, Ron.  We have one here too.

 

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Kahu
Kahu
Posts: 74
Joined: 10th Jan 2007
Location: New Zealand
quotePosted at 07:43 on 26th November 2009
Guess where yours (and ours)  came from Ruth.
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Paul Hilton
Paul Hilton
Posts: 2605
Joined: 21st Nov 2004
Location: UK
quotePosted at 22:24 on 26th November 2009
On 26th November 2009 01:41, Ruth Gregory wrote:

I didn't know you had a Supreme Court over there, Ron.  We have one here too.

 


This court was headed by 5 judges ---4 Lords and 1 Baroness---and overturned earlier rulings by the High Court and Court of Appeal. This case----Office of Fair Trading vs. Abbey National plc and Others-- had various banks represented by no less than 7 QC's ( barristers; Queen's Counsel ) and others, while the OFT appeared with 1 QC and others, to represent their case.The 5 judges were in agreement with each other in their decision.
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Ruth Gregory
Ruth Gregory
Posts: 8072
Joined: 25th Jul 2007
Location: USA
quotePosted at 16:31 on 27th November 2009

Thanks for the explanation, Paul.

As for what you brought up, Ron, the more things change, the more they stay the same.

 

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Ron Brind
Ron Brind
Posts: 19041
Joined: 26th Oct 2003
Location: England
quotePosted at 13:30 on 28th November 2009

>>>As for what you brought up, Ron, the more things change, the more they stay the same.

That has to go down as a contradiction in my book Ruth! Lol

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Ron Brind
Ron Brind
Posts: 19041
Joined: 26th Oct 2003
Location: England
quotePosted at 12:53 on 17th December 2009

www.MartinsMoneyTips@moneysavingexpert.com

Visit the above website to see the latest update on the banks, because it seems that new legal arguments could mean that banks must prove charges are fair!

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Ron Brind
Ron Brind
Posts: 19041
Joined: 26th Oct 2003
Location: England
quotePosted at 18:32 on 22nd December 2009
Now even the OFT give up on us, is there any chance that we will ever see fair play from the banks?
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Ruth Gregory
Ruth Gregory
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quotePosted at 21:38 on 23rd December 2009

Fraid not, Ron.

 

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Kahu
Kahu
Posts: 74
Joined: 10th Jan 2007
Location: New Zealand
quotePosted at 03:36 on 30th December 2009
With Scotland devolving more and more, things could get a bit stickier Ron. The RBS took a wacking loss over their Icelandic links but from what I've read the North Sea came to their rescue.
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