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Originally posted by HKOwen
I ask again. What does find some help mean? You seem to be implying I am mentally ill. Personally I find such a post to be abusive.
As you seem incapable of responding to the content of my comments, but constantly seek to attack my character, maybe someone else could help you to find a way to concentrate on the subject under review. Who that might be is not for me to suggest. I don't know you. I only know what you write here.
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Originally posted by NEILLO
I think you’re the one being pedantic actually. And contradicting yourself. First you say there is no freedom of speech argument , but that’s only your opinion. Now you say there is an argument but is has no merit. I perfectly understand what the newly woke Coutts did what they did and so do the politicians . They are supporting Farage because they are also PEPS and it could happen to them. Nobody is forcing Coutts to be “ friends “ with Farage. Until Coutts enabled him who knew or cared that NF banked with them ? They should focus on deterring actual criminals, the money launderers, terrorist organisation etc because failing to results not only in reputational damage but financial penalties. My guess is that the next Risk Review that Coutts carry out is one that looks at whether the policy that has created this mess is fit for purpose. No, what I said is that whilst there is arguing, there is no substance to the argument being pontificated by Farage and his supporters. His freedom of speech has demonstrably and unarguably not been negatively affected by this. Coutts should be, and are, free to make whatever decision they believe to be right. Unless you believe they should be nationalised or regulated as a public utility. I don't think the financial sector would be too enthusiastic about the latter. I have little doubt they try to exclude all the criminals you describe. That's irrelevant to also looking at other perceived risks. I also think though that there will be many more heads rolling as they sort out the mess. I am though doing my best to help NatWest. I have just opened a cash ISA with them as their interest rates are now the market leader. That I agree with their position on Farage is beside the point.
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Originally posted by mezzer
This makes no sense. He didn't lose his account because of his views but because the bank had concerns about being associated with them? That's for him to decide. If holding a Coutts account was felt by Farage to be so essential he couldn't live without it, he could stop being a PEP and retire to grow vegetables. He has choices. So does the bank.
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Originally posted by Wisbech Eagle
It did, and that is not in dispute. It was careless to minute such remarks and an apology has been given for the language used. Read them very carefully again though and perhaps you will see that whilst they are describing his perceived character they aren't the reason for his debanking. The reason for his debanking is not of themselves Farage's views. It is their impact on the bank's position and purpose. They are not saying that Farage cannot hold and speak about such views, but that they don't feel it's wise for them to be connected to him. Now some will regard that as just semantics but it isn't. It's a fundamental right that people can decide for themselves who they associate with, on whatever basis they want. If you dislike me, for whatever reason, no one else can force you to associate yourself with me. A commercial business is no different unless they have some kind of legal compulsion, which I expect would be vigorously resisted if there was any attempt to introduce one. Coutts thought being associated with Farage was bad for how they might be perceived.
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Originally posted by Hrolf The Ganger
72.3% of people in the street? Have you seen the streets these days? I seem to recall that the poles said that we were remaining. Edited by Hrolf The Ganger (29 Jul 2023 1.56pm) Do you trust YouGov? Knowing your previous positions on such things, probably not, but this indicates where things are:-
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Originally posted by Wisbech Eagle
Do you trust YouGov? Knowing your previous positions on such things, probably not, but this indicates where things are:- I don't trust polls full stop. You couldn't accept that the majority voted for Brexit, but now you are happy to tell us about a poll because it appears to show something you approve of. Could it be that people are still as easily lead by propaganda as you claimed they were when they voted for Brexit. You can't have it both ways old boy. There are no grounds to call Brexit a failure. It's only a failure if you want to be ruled from Brussels. Edited by Hrolf The Ganger (29 Jul 2023 2.44pm)
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Originally posted by Wisbech Eagle
No, what I said is that whilst there is arguing, there is no substance to the argument being pontificated by Farage and his supporters. His freedom of speech has demonstrably and unarguably not been negatively affected by this. Coutts should be, and are, free to make whatever decision they believe to be right. Unless you believe they should be nationalised or regulated as a public utility. I don't think the financial sector would be too enthusiastic about the latter. I have little doubt they try to exclude all the criminals you describe. That's irrelevant to also looking at other perceived risks. I also think though that there will be many more heads rolling as they sort out the mess. I am though doing my best to help NatWest. I have just opened a cash ISA with them as their interest rates are now the market leader. That I agree with their position on Farage is beside the point. No, what you said was “ there is no freedom of speech argument “ - check if you can be bothered. Coutts is part of the NatWest Group as you are aware - you also know that the Government still has a 39% share in its ownership. I’m not remotely suggesting that it should be (re) nationalised. My comment on focusing on the REAL threats through Financial Crime was based upon my own experience of over 45 years in the Banking industry. In which time I had regional responsibility for conducting Client Due Diligence on a wide spectrum of customers including PEPS. I think the next major internal risk review that Coutts conduct may well be into whether the policies that created this mess are actually fit for purpose.
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Originally posted by NEILLO
No, what you said was “ there is no freedom of speech argument “ - check if you can be bothered. Coutts is part of the NatWest Group as you are aware - you also know that the Government still has a 39% share in its ownership. I’m not remotely suggesting that it should be (re) nationalised. My comment on focusing on the REAL threats through Financial Crime was based upon my own experience of over 45 years in the Banking industry. In which time I had regional responsibility for conducting Client Due Diligence on a wide spectrum of customers including PEPS. I think the next major internal risk review that Coutts conduct may well be into whether the policies that created this mess are actually fit for purpose. New Client "I'd like to open an account please. I'm a rich Saudi / arms dealer / money launderer / can't explain where I got my wealth from but my husband being President of his country and under investigation is purely a coincidence. Coutt's "That'll do nicely (unless your Farage).
Do I wish to be associated with a bank whose senior management continually flouts the law and is always being sanctioned for the FSA. * And they have the cheek to question my reputation. *Decades of financial scandals / money laundering / market rigging etc. etc. Edited by Badger11 (29 Jul 2023 2.43pm)
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Originally posted by Hrolf The Ganger
I don't trust polls full stop. You couldn't accept that the majority voted for Brexit, but now you are happy to tell us about a poll because it appears to show something you approve of. Could it be that people are still as easily lead by propaganda as you claimed they were when they voted for Brexit. You can't have it both ways old boy. There are no grounds to call Brexit a failure. It's only a failure if you want to be ruled from Brussels. Edited by Hrolf The Ganger (29 Jul 2023 2.44pm) A majority didn't vote for Brexit. A majority of those who voted, voted for Brexit and I accept that. What I don't accept that it was a wise or even legitimate process. That poll could have a huge margin of error and still indicate that a majority now disapprove. Which is hardly surprising given the closeness of the original vote. There's no propaganda needed for people to change their minds. They are witnessing the stupidity every day personally. Only those, like you, for whom not being in the EU was an over-riding demand whatever the economic and security consequences don't now accept it is a failure. Not all those who voted for it by a very big margin. Those who thought it would save money or reduce immigration now know they were conned. Many of us knew that in 2016.
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Originally posted by NEILLO
No, what you said was “ there is no freedom of speech argument “ - check if you can be bothered. Coutts is part of the NatWest Group as you are aware - you also know that the Government still has a 39% share in its ownership. I’m not remotely suggesting that it should be (re) nationalised. My comment on focusing on the REAL threats through Financial Crime was based upon my own experience of over 45 years in the Banking industry. In which time I had regional responsibility for conducting Client Due Diligence on a wide spectrum of customers including PEPS. I think the next major internal risk review that Coutts conduct may well be into whether the policies that created this mess are actually fit for purpose. No need to check. I know what I wrote and have said that I regarded your criticism as being pedantic as it's really obvious what was meant. There is no valid freedom of speech argument. There is merely freedom of speech arguing. As I have already explained. With your background, you will be better able to understand the points being made and may well be correct that they will decide to revise their approach, for no other reason than the need to repair their imagine.
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Originally posted by Badger11
New Client "I'd like to open an account please. I'm a rich Saudi / arms dealer / money launderer / can't explain where I got my wealth from but my husband being President of his country and under investigation is purely a coincidence. Coutt's "That'll do nicely (unless your Farage).
Do I wish to be associated with a bank whose senior management continually flouts the law and is always being sanctioned for the FSA. * And they have the cheek to question my reputation. *Decades of financial scandals / money laundering / market rigging etc. etc. Edited by Badger11 (29 Jul 2023 2.43pm) You don't seriously believe that do you! I have opened a NatWest account today to show solidarity with them. Well actually, no. I did it because their rates are highest.
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Originally posted by Wisbech Eagle
You don't seriously believe that do you! I have opened a NatWest account today to show solidarity with them. Well actually, no. I did it because their rates are highest. Opened an account at the same bank as Nigel Farage? Just for financial gain? OK.
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Originally posted by Wisbech Eagle
No need to check. I know what I wrote and have said that I regarded your criticism as being pedantic as it's really obvious what was meant. There is no valid freedom of speech argument. There is merely freedom of speech arguing. As I have already explained. With your background, you will be better able to understand the points being made and may well be correct that they will decide to revise their approach, for no other reason than the need to repair their imagine. Of course no need to check but you have contradicted yourself. And you’re doing it again with your “ no valid freedom of speech “ argument- I think you’ll find there is but I don’t think you’ll bother looking because you refuse to see it. It’s just your opinion which you continue to present, incorrectly, as fact.
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Originally posted by Teddy Eagle
Coutts thought being associated with Farage was bad for how they might be perceived. Farage does his thing openly. What the Guardian reports is a sophisticated criminal money laundering scheme which requires thorough investigation by specialists. That's the job of the police or financial authorities and probably beyond the capacity of any individual bank. Their role would be limited to reporting suspicious activity. Who knows if they did?
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Originally posted by Wisbech Eagle
There is only one fact in the above. Which is that unfortunately, you don't know what you are talking about. If you haven't worked it out by now, you never will. As anything else I could say would rival you for rudeness I will leave it there. Still you avoid answering the question of how was Farage hypocritical in relation to the Coutts affair. How have I been rude in trying to get you to answer a simple question.
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Originally posted by Wisbech Eagle
Farage does his thing openly. What the Guardian reports is a sophisticated criminal money laundering scheme which requires thorough investigation by specialists. That's the job of the police or financial authorities and probably beyond the capacity of any individual bank. Their role would be limited to reporting suspicious activity. Who knows if they did? If they reported it then the fine they received was a bit harsh.
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Originally posted by NEILLO
Of course no need to check but you have contradicted yourself. And you’re doing it again with your “ no valid freedom of speech “ argument- I think you’ll find there is but I don’t think you’ll bother looking because you refuse to see it. It’s just your opinion which you continue to present, incorrectly, as fact. Contradiction will only be seen by a pendant, to whom I have explained. Others will understand from the start what was meant. Perhaps you would like to explain precisely which way Farage's freedom of speech has been curtailed by this event?
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Originally posted by Wisbech Eagle
You don't seriously believe that do you! I have opened a NatWest account today to show solidarity with them. Well actually, no. I did it because their rates are highest. Interesting given that Alison Rose was the only bank CEO to decline to discuss savings rates when invited by the Treasury Select Committee in February
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