The Mysterious Death Of A UN Secretary General

“Fight Against Stupidity And Bureaucracy”

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UN Secretary General Dag Hammarskjöld

Not quite up there with the Kennedy assassination conspiracy, but still a mystery, is the death of UN General Secretary Dag Hammarskjold who was killed in an airplane crash – some say assassinated – on September 17, 1961.

On that fateful day, a Douglas DC-6 transport aircraft with Hammarskjöld on board crashed in the British-administered territory of Northern Rhodesia (now called Zambia). Not only Hammarskjold, but everyone on board was killed in the crash.

Three investigations into the crash were held, conducted by the Rhodesian Board of Investigation, the Rhodesian Commission of Inquiry, and the United Nations Commission of Investigation.

Dag Hammarskjöld plane shot down

As usual in these non-investigation investigations, “pilot error” was noted as the most likely cause of the tragedy.

But the UN Commission of Investigation held in 1962 said that deliberate sabotage could not be ruled out as a likely cause of the tragedy, which of course set the conspiracy theorists on over drive.

Since then many academics and independent investigators, such as Swedish development expert Göran Björkdahl and British academic Susan Williams, have raised the possibility that the plane carrying Secretary General Hammarskjöld may have been “shot down by an unidentified second plane”.

Just after the tragedy the eagerness shown by British colonial administrators in Northern Rhodesia to obscure the details of the incident has also been highlighted and has provided further impetus for those pointing to foul play.

Like many others who have met similar fates, Hammarskjöld probably contributed to his own downfall because he was an independent thinker, not content to remain in the pockets of the powers that be. He was, for example, a fierce supporter of anti-colonial movements that were sweeping the African continent, many of which were not in the interests of their colonial masters at the time.

Congolese Prime Minister Patrice Lumumba

This is borne out by the fact that on the day of his death, Hammarskjöld was flying to the Congo’s mineral-rich Katanga region to meet European-supported chieftains who in 1960 had seceded from the Marxist government of Congolese Prime Minister Patrice Lumumba.

Lumumba had been assassinated in a Western-backed coup exactly eight months before Hammarskjöld’s own death. The person said to have arranged his assassination was Daphne Park, one of MI6’s top female intelligence agents and known by some as the “Queen of Spies”.

Moving on in time to three years ago, in 2012, the independently funded Hammarskjöld Inquiry Trust appointed an international team of jurists, called the Hammarskjöld Commission, to study all available evidence on the plane crash. The team was composed of a diplomat and three judges from the Netherlands, the United Kingdom, South Africa, and Sweden.

The Commission reported in 2013 that “significant new evidence” had emerged, which suggested that American intelligence agencies, notably the National Security Agency and the Central Intelligence Agency, had “crucial evidence” that could help clarify the causes of the crash.

UN Secretary General, Ban Ki-moon

This led to the current UN Secretary General, Ban Ki-moon, appointing a UN-sponsored panel of experts to examine the new evidence and present it before the UN General Assembly. The three-member panel traveled to several countries, including Zambia, the US, Britain and Belgium, to access government, as well as private archives.

That ‘new evidence’ is said to include written testimony by a Belgian pilot who says he shot down the plane carrying Hammarskjöld by error while trying to divert it on orders by a government entity, and a statement by a former intelligence officer with the US National Security Agency, admitting he listened to a recording of a pilot who said he shot down the UN Secretary General’s plane.

Damning stuff – if true.

Is it really possible that more than half a century later the truth about  “one of the enduring mysteries of the 20th century” is finally going to be heard?

Don’t hold your breath on that one. It all depends if those who ordered the assassination think they can get away with it after all these years.

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So who really did kill JKF, more importantly, why, and how long are we going to have to wait to find out?

JFK assassination headline

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Twitter Treasure

“Fight Against Stupidity And Bureaucracy”

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Twitter logo transparent

Twitter is a good invention. It’s easy and fun. Much less demanding and intrusive than Facebook. So much so that many millions of people, from the famous to ordinary people like you and I, use it every day.

On the back of that success the Twitter company is doing very well. But recently it did even better when its shares jumped four per cent in a matter of minutes.

It all happened after a buyout story appeared on the internet that claimed that Twitter had received a significant offer. It started off, “Twitter is working closely with bankers after receiving an offer to be bought out for $31 billion…”

fake-twitter-story

Investors piled in. And not just the amateurs, lots of the ‘professional’ Wall Street guys too.

The trouble was, however, that the internet story was on a bogus web site and was completely fake. The site was called “bloomberg.market”. It was not “Bloomberg.com” the official name of the web presence for the Bloomberg financial organization.

“Bloomberg.market” was what they call a ‘mirror’ of the genuine “Bloomberg.com” website. Whoever designed “bloomberg.market” set it up to look like “Bloomberg.com”. They copied real headlines and linked them back to the real dot-com website. With one exception: the fake Twitter story, which was dressed up to look like a legitimate webpage.

The spike in the Twitter share price only lasted about 15 minutes before Bloomberg denounced the story as fake and the share price dropped back to its previous level. But 15 minutes is a long time in the world of finance and plenty of time for someone to profit substantially from the scam.

spike in the Twitter share price

No one yet knows who owns the dot-market domain – except the people who own it, of course –  but it was registered just days before the scam message, using a proxy service called “WhoisGuard”, based in Panama, that protects registrant details by offering its own address and contact numbers. But the details of “WhoisGuard” on its own website at “WhoisGuard.com” also appear to be fake, listing a telephone number that is disconnected. Emails to their contact address have not received a response either.

The significance of this incident is not that some greedy and stupid people lost money rushing to buy Twitter shares on the back of this fake announcement.

The problem is that so many new dot word domains have recently been allowed – hundreds of them in fact – that the whole internet is becoming bloated and confusing. And expensive.

If you are a company that wants to protect your online identity and integrity it could now cost you tens of thousands of dollars to cover all the permutations. Not many companies, even huge affairs like Bloomberg, will choose to do that.

That leaves the way wide open for cyber criminals to take advantage of gullible internet users.

I am certain they will.

Like the Twitter announcement, it’s just too good a deal to refuse.

online-scam_gullible-investor-cartoon

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Do You Really Want A Liar In The White House?

“Fight Against Stupidity And Bureaucracy”

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Hillary Clinton liar

I ended a post last week that ended with the line, “If you want a liar in the White House there’s always Hillary.”

Some people may have thought it a little harsh, particularly those who were considering voting for her, but harsh or not it is a fact.

Her wayward husband Bill was a liar and he made President and impeachment. Now she is trying to carry on the tradition.

Hillary simply cannot tell the truth.

Everyone knows it.

And everyone includes the representatives from other countries that she would have to interact with, if – God help us – the American people are stupid enough to make her President.

Unfortunately, such is the attention span of people nowadays they only seem to remember the last thing they see and hear. If something happened in the past it is as if it never occurred at all.

2016 US Presidential race

With a position as important as the US Presidency at stake it is surely necessary to examine the candidates more closely than that.

Hillary Clinton’s lies are many and they cover almost every aspect of her life. She is an opportunist, always willing to try to enhance her position by lying. Nothing is sacred.

And it isn’t a recent occurrence. Hillary Rodham Clinton has been a liar for her entire political life, probably longer than that.

Take a look for yourselves.

hillary clinton 09

Going waaaaay back to 1974, when Hillary Clinton was 27, she worked for the House Judiciary Committee which at that time was investigating Richard Nixon and Watergate.

Strictly against House rules, she met with Teddy Kennedy’s chief political strategist and then manipulated the system, wrote a “fraudulent legal brief” and “confiscated public documents”.

They had no choice but fire Hillary Rodham. When asked why she was fired, Jerry Zeifman, Chairman of the House Judiciary Committee during the Watergate investigation, said in an interview, “Because she was a liar. She was an unethical, dishonest lawyer, she conspired to violate the Constitution, the Rules of the House, the Rules of the Committee, and the rules of confidentiality.”

Zeifman later wrote in a 2006 book titled ‘Hillary’s Pursuit of Power’, that “Hillary Clinton is ethically unfit to be either a senator or president.”

Hillary Clinton fired from Congressional job for unethical behaviorpng

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When she made it to the White House as First Lady, she was still a stranger to the truth. Trying to distance herself from another gaff, Hillary said she didn’t know that her staff would fire the travel office staff after she told them to do so.

Hillary lied.

Staff do what you tell them to do. That’s why they work for you and not you for them. The memorandum relating to the firings went  “missing” for two years.

Hillary you're fired

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The “missing” lie was a trait that was to continue. Documents regarding Hillary’s work at the Rose Law firm in Arkansas, specifically regarding a savings and loan company run by the Clintons’ business partner in the Whitewater land venture also went “missing” for two years.

Eventually they miraculously reappeared when a White House aide found them, in the White House, in a storage area on the third-floor, which is the private residence of the President and First Lady.

Hillary said that she had no idea the documents were there, which would have been fine except for the fact that the FBI found Hillary’s fingerprints on the documents. Hillary is still the only First Lady in American history to be fingerprinted by the FBI.

fingerprint

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Lying to take advantage of national tragedies is also a depth to which Hillary Clinton will gladly stoop.

For example, when everyone else was in shock and sympathizing with the victims of the 9/11 terrorist attack tragedy, Hillary tried to take some of the attention for herself. She said her daughter Chelsea was jogging around the World Trade Center on September 11, 2001 at the time of the airplanes flew into the twin towers.

Hillary lied.

Chelsea was in bed watching it on TV.

9-11 attacks wtc

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To try to aggrandize herself on another occasion, Hillary said she was named after Sir Edmund Hillary, conqueror of Mount Everest.

Hillary lied.

Sir Edmund Hillary climbed Mt. Everest five years AFTER Hillary Rodham was born. Nobody knew who he was and therefore wouldn’t have named their children after him.

Sir Edmund Hillary, conqueror of Mount Everest - the Aukland Star

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When she was on a visit to Bosnia, Hillary said she came under sniper fire as she disembarked at the airport.

Hillary lied.

Video taken at the time shows a girl presented her with flowers and she and Chelsea can be seen on video walking across the Bosnian tarmac smiling and greeting well-wishers. Not a sniper’s bullet in sight. Here’s a nice video report to prove it.

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As regards finances, Hillary said she learned in The Wall Street Journal how to make a killing in the futures market.

Hillary lied.

The Wall Street Journal didn’t even cover the market back then.

stock_market board

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Hillary said she didn’t know about the pardons given to members of the violent Puerto Rico nationalist group FALN or that her brothers were being paid to get pardons that her husband Bill Clinton granted.

Hillary lied.

Her husband and her brothers knew and she didn’t? A likely story! With an ill-advised stroke of a pen President Clinton made a mockery of the pledge to “wage an all-out war against terrorism” by pardoning 14 FALN terrorists.

FALN terrorists logo

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Still on the subject of pardons, Hillary also said she had nothing to do with the New Square Hasidic pardons that reduced the prison terms of four New York Hasidic Jews convicted of defrauding tens of millions of dollars from the government.

Hillary lied.

In fact, of all the pardons that President Clinton granted as he was leaving the White House, this one has Hillary written all over it. She attended a meeting at the White House about the pardons and got repaid in votes, 1,400 to 12.

New Square Hasidic pardons

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To try to excuse her greed, Hillary said taking the White House gifts was a “clerical error”.

Hillary lied.

The “error”, clerical or otherwise, was getting caught and she came up with the best excuse she could think of at the time.

hillary-clinton-winking-AP-640x480

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To try to make herself look more statesmanlike Hillary said she negotiated for the release of refugees in Macedonia.

Hillary lied.

They were released the day before she even got there.

refugees_macedonia

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In a pathetic attempt to get sympathy where none was deserved, Hillary said her family was broke when they left the White House.

Hillary lied.

And they only made a paltry $12 million the year after Bill Clinton’s Presidency.

hillbillary clinton

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Never noted for her humility, Hillary said she was “instrumental” in the Northern Ireland peace process.

Hillary lied.

She and President Bill visited Northern Ireland and did some PR work for the deal that ushered terrorists into government in Belfast, but those actually at the negotiating table say Hillary was nowhere to be seen.

ni peace talks

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Hillary said the terrorist attack in Benghazi, Libya, that killed a U.S. ambassador and three other officials was a “spontaneous protest” gone wrong.

Hillary lied.

Based on State Department documents we know that, not only was Benghazi a terrorist attack, but that Hillary was well aware of that fact and deliberately misled the public.

American-victims-of-Benghazi-terror-attack-9-11-2012

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Then there is the private email server she set up the day before her nomination as Secretary of State, and used for her entire tenure in that office. Hillary said the whole thing was innocent and that access would be given to scrutinize her emails.

Hillary lied.

The whole procedure was far from innocent. For one thing it is in direct violation of a 2009 Federal Law.  Hillary set up her private email server and used it when she was Secretary of State so that there would be no official government records of those emails. She could pick and choose what to release and what to delete. Her aides also used private email addresses. Actualy both the Clintons loved email for that very reason, because it was so much easier to hide stuff, when she was asked to turn over 1.8 million emails to Judicial Watch, Congress, and federal investigators.

hillary clinton email scandal cartoon

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What do you call someone with a record like that except a liar?

How are we supposed to believe that all of a sudden she has had a “road to the White House” conversion and become honest and straightforward, rather than a schemer and a liar?

I’m reminded of that old joke,

Question: “How can you tell when a politician is lying?”

Answer: “When his/her lips are moving.”

It needs to be updated for Hillary.

She can lie even when her lips aren’t moving, or get emails or other people to do it for her.

So do you want a liar in the White House?

Do you???

hillary clinton 3 dollar bill

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There’s No Fact-Checker Like A Fact-Checker Checker.

“Fight Against Stupidity And Bureaucracy”

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washington post fact checker pinocchio

I’m a great man for facts.

Even a cursory glance around my blog will confirm that. Every week I try to post some.

Facts are good things. Many other people seem to like them too.

Except for one particular group.

Liberals.

Facts always seem to get in the way of whatever it is they are trying to force us to accept.

Donald Trump open mouth

Enter Donald Trump into the story.

The Donald has caused a lot of controversy lately with his illegal immigrant pronouncements. Cowards like the management of Macy’s, NBC, Univision etc., have made knee-jerk decisions and run from the controversy without taking any time whatsoever to check the facts.

It’s the way Americans have been conditioned to behave when someone says something controversial about a minority or a minority view point.

The hardly impartial Washington Post has been in the forefront of the media critics and, of course, we have also had media mogul Rupert Murdock chirping in against a political candidate who is too rich to fit into his pocket.

But what did Trump actually say?

And do the facts support him or not?

Unlike Macy’s and the rest, let’s take a little time to have a look.

cops arrest illegal

Trump said that some undocumented immigrants commit crimes in the U.S. and in fact they do. He did NOT say ALL Mexicans and he did NOT include Hispanic U.S. citizens, which is what his detractors are trying to infer. In fact from the reports I have read I do not think he quantified it at all.

Trump did, however, strongly ‘imply’ that undocumented immigrants are more criminal than the average U.S. citizen.

The Washington Post “fact checked” this and found it to be ‘false’. The problem for the Washington Post’s fact-checkers is that some of the data shows otherwise.

For example, a 2011 Government Accountability Office report (GAO-11-187, Criminal Alien Statistics, March 2011, to be precise) opens with the sentence,

“The number of criminal aliens in federal prisons in fiscal year 2010 was about 55,000, and the number of SCAAP criminal alien incarcerations in state prison systems and local jails was about 296,000 in fiscal year 2009 (the most recent data available), and the majority were from Mexico.”

‘SCAAP’, by the way, is the ‘State Criminal Alien Assistance Program’ which means aliens illegally in the United States at the time of their incarceration.

As for federal prisoners, the GAO states, “In fiscal year 2005, the criminal alien population in federal prisons was around 27 percent of the total inmate population, and from fiscal years 2006 through 2010 remained consistently around 25 percent.”

US-GovernmentAccountabilityOffice-Logo.

The Government Accountability Office figures also show that in 2009 the total alien – i.e., non-U.S.-citizen – population in the United Sates was about 25.3 million, which included about 10.8 million aliens without lawful immigration status – illegal aliens in other words.

The total population of the U.S. at that time was approximately 306.8 million. Non-citizens comprised 8.25% of the population and illegal aliens about 3.52%.

If you compare the percentage of illegal aliens in the population as a whole (the 3.52% mentioned above) with the percentages of illegal aliens in the prison population, namely 25% in 2009 and almost 39% in 2013, it is clear that their crimes are well in excess of their proportion of the population.

More numbers.

The FBI’s records show that there were 67,642 murders in the U.S. from 2005 through 2008, and 115,717 from 2003 through 2009.

The GAO estimates “criminal aliens” were arrested, convicted and incarcerated for 25,064 homicides. That means they committed 22% to 37% of all murders in the U.S., while being only 3.52% to 8.25% of the population.

Therefore the facts confirm that criminal and illegal aliens commit murder at much higher rates than all inhabitants of the U.S. – at least 3 to 10 times higher.

immigration_origin_of_illegal_immigrants

Although I have not had the time to crunch the numbers further, what you have just read could be a very conservative total because the FBI doesn’t get itself involved in all homicides, most of them are handled at state and local level.

Based on the erroneous research of their misnamed “fact-checkers”, the Washington Post alleged that Trump’s statements were only underscoring  “a common public perception that crime is correlated with immigration, especially illegal immigration”.

It went even further, stating that Trump’s repeated statements about immigrants and crime were a “misperception” and that there was “no solid data support it”.

The Washington Post fact-checkers obviously did not take the time to check the facts in the GAO reports, which as we have seen actually do support the perception trump is vocalizing.

Apparently there is no fact-checker like a fact-checker checker.

Where are Ben Bradlee, Bob Woodward and Carl Bernstein when you need them?

Carl Bernstein, Ben Bradlee, Bob Woodward

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She Said She Wouldn’t – But She Did!

“Fight Against Stupidity And Bureaucracy”

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cartoon hacking government websites

I wrote a post on July 3rd posing the question “Are government bureaucrats capable of looking after data they collect about us?” (if you want to read it click here.)

The question was, of course, rhetorical, because we all know that the stupid bureaucrats the government employs aren’t capable of looking after anything.

The figure I quoted in that post, about the number of people whose data had been hacked, was 18 million which was a lot higher than the first government admission that 4.5 million records had been hacked. Now however the figure is well in excess of 21 million. It probably won’t stop there.

opm director Katherine Archuleta

The Office of Personnel Management was responsible for losing the confidential information and there have been calls from both Republicans and Democrats for the chief bureaucrat of the OPM, Ms Katherine Archuleta, to do the decent thing and resign.

But as we also know there is no decency in stupid bureaucrats, only self-delusion and arrogance. They are too dumb to do their jobs and too stupid to realize it.

Thus for as long as she could, Archuleta clung on in there, rejecting bipartisan calls for her to resign. She said she had no plans to step down. Worse than that she said she was “committed to continuing her work for the agency”.

I read that to mean more incompetence, more lies and more denial, and more trying to cling on to a position which she is clearly not fit to hold. For example she pig-headedly refused to shut down servers identified by the US Inspector General as unsafe.

Despite all the evidence to the contrary, the White House, headed by another incompetent, President Barack Obama, continued to express confidence in the leadership of Ms Archuleta.

However, as the size of the security gaff became greater and greater so did the pressure on chief bureaucrat Archuleta. As the numbers of missing records continued to climb almost daily, the result was inevitable.

Although Archuleta continued to say she had “no intention of resigning and would stay on to sort out the mess” – she handed in her resignation. The President – who supported her and who had complete confidence in her – accepted it immediately.

It was either that or be fired. Everyone knew it but her.

The announcement came along with further emerging details about the pathetic level of security within the OPM. Many of its servers are apparently so antiquated they can’t run encryption and modern security software. Two-factor authentication is almost unheard of and seldom used. In fact things are so bad that the agency isn’t even sure how many computer networks it has!!!

One incompetent bureaucrat down.

Hopefully many more to follow.

opm data loss

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Sacre Bleu! – Er, Make That Red White And Bleu!

“Fight Against Stupidity And Bureaucracy”

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sacre bleu cartoon

There has been a lot of activity in France lately concerning the United States government spying on three French Presidents.

The current President of France even called an emergency meeting of the Conseil de la Défense, the country’s highest national security forum to discuss the emergence of documents that appear to implicate the US National Security Agency (NSA) – now who’da guessed that? –  spying on Jacques Chirac and Nicolas Sarkozy, who ruled France from 1995 to 2012.

The documents further indicate that the NSA may have also targeted the personal communications of Francois Hollande, France’s current head of state.

The files were published by WikiLeaks, which described them as “top secret intelligence reports and technical documents”, detailing NSA spying operations against the French presidency, as well as espionage directed at several French government ministers and at France’s ambassador to the US.

French President Francois Hollande at meeting to discuss Wikileaks revelations

The documents include intelligence briefs, which detail the thoughts and diplomatic maneuvers by French presidents and other senior officials, on subjects such as the Greek economic crisis, the Israeli-Palestinian dispute, and the United Nations.

This is further evidence of more disgraceful and arrogant behavior by US spy agencies.

The thing is, however, no one is surprised any more.

Since Edward Snowden’s revelations the world has come to expect illegal and bad behavior from Americans. It is as simple as that. And for the reputations of Americans it is as bad as that. Which is a great pity because these activities do not represent in any way the vast majority of the American people.

So, if they aren’t a surprise to anyone, will the latest revelations cause trouble between America and France? I think the undoubted answer is “Oui”, but only a “petit oui”.

As befits normal protocol in these kinds of things, the American ambassador to France was summoned for what was called ‘an official protest’, but little or nothing more happened apart from President Obama getting on the phone with the French President, groveling and apologizing and assuring him in no uncertain terms “that the US is no longer spying on France”.

No, I don’t believe him either, but there it is.

President Obama on phone

There was no need for America’s snooping. As with Germany, French and American intelligence agencies cooperate with each other regularly. They jointly monitor international issues of mutual concern, such as what is happening in Syria, Iraq, the Ukraine, Libya, and even the financial catastrophe that is Greece.

For now that will continue, but the road ahead looks bumpy.

Wikileaks has already made good on its promise that its “French readers can expect more timely and important revelations in the near future”.

The latest release from the whistleblower website contains more documents that indicate that the National Security Agency (NSA), under orders from Washington, were tasked with collecting secret information not only about the economic policies of the French government and the country’s financial sector, but on export contracts by French companies.

In fact every French-registered company involved in negotiations for international projects or other sales contracts valued at over $200 million, like car makers Peugeot and Renault and financial institutions like BNP Paribas and the agricultural credit union, were also subjected to US government secret snooping.

Washington’s pathetic statements that none of this information is ever used to benefit American companies competing for international contracts rings mighty hollow with the French, and the rest of the world come to that.

This latest information is a lot more damning and may necessitate a much stronger response from the French – even if it is just to save face.

Like their attitude over the invasion of Iraq, I think any further reaction would include little or no cooperation in any future American interventions in the Middle East and maybe the use of a veto or two in the United Nations.

We might be at the start of a new meaning to the term “non” cooperation?

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non merci button

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At Last A Little Good News About The Banksters.

“Fight Against Stupidity And Bureaucracy”

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Bank Logos-2

Don’t get too excited, it is only a little, but it is good news.

In a recent ruling by British regulators, the top executives and managers at banks operating there (which is practically all the major banks) could have their bonuses clawed back for up to ten years after any finding of misconduct. It will also prohibit bonuses for nonexecutive directors and for the managers of companies that are receiving financial support from the government.

The move, which is long, long overdue and still does not go far enough, extends a seven-year clawback period that one regulator, the Prudential Regulation Authority, (part of the Bank of England), introduced for so-called variable pay (read ‘bonuses’) last year as part of tougher accountability rules.

Prudential Regulation Authority

The new rules announced by the authority, which is part of the Bank of England, and by another regulator, the Financial Conduct Authority, are the latest effort by financial regulators in Europe to hold the banksters accountable for improper actions that could play a role in precipitating future financial upheavals.

The regulators say they are trying to “embed an accountable culture” in the City of London, which actually means that the authorities realize that the banksters have learned nothing from their previous catastrophic frauds and thefts. They know when the chance arrives these greedy and immoral people will try to do it all again.

bankster caricature

The new British rules, which apply to banks, building societies and investment firms regulated by the Prudential Regulation Authority, including British units of United States banks and other financial firms based outside Europe, mean that senior managers, risk managers and others at banks will also be asked to defer more of their variable pay for a longer period, making it easier for regulators and financial institutions to recover bonuses if misconduct is uncovered.

Other countries in Europe are also enacting new regulations for their banksters. Dutch lawmakers, for example, capped bonuses this year for employees in the banking, insurance and other finance sectors that limits variable pay to 20 percent of their fixed salaries. The Dutch have also banned bonuses for executives at bailed-out banks.

European rules already limit bankers’ bonuses to the equivalent of their annual salaries, or to two times their base salaries if the company’s shareholders approve it. But they know they are so greedy that they will try to find ways round that.

breaking the rules

Already some banks are making moves to get round the limits by introducing role-based remuneration and other payments, so the regulators have their work cut out for them keeping a step ahead of the thieves.

What they really need to do is confiscate ALL their ill-gotten gains, impose severe additional financial penalties AND throw these criminals in jail – for a long time.

America, which always likes to consider itself as the leader of the world, should lead in this regard too. It would be better than starting another war in some far off God forsaken country.

Unfortunately I think it will be an equally long time, and a lot more frauds, before they get to that much needed stage.

And you can take that to the bank!

Give a man a bank

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