Breaking: Corrupt Money Launderers HSBC bankrolled Corrupt Cameron & Corrupt Osborne’s Trips to Davos

Corrupt Money Launderers HSBC bankrolled David Cameron and George Osborne’s trip to the World Economic Forum in Davos in 2009, it has emerged.

The controversial lender lent the gaffe-prone billionaire bookie and former Tory Treasurer Michael Spencer £200 million pounds just a day before the massive Iceland Crisis that wiped billions of pounds off the balance sheets of many UK Local Authorities.

Many of these cash strapped Local Authorities had invested in Iceland because of advice given to them by one of Michael Spencer’s firms — Butlers.

Shortly after getting a £200million bailout from HSBC and narrowly avoiding bankruptcy because of the Iceland debacle (unlike his local authority clients), Spencer donated a million pounds to the Tory party.

It was around this time that Spencer’s holding company IPGL paid for Cameron and Osborne to fly to Davos by private jet.

This revelation is all the more galling given that Cameron and Osborne are known to have shaped regulation to favour HSBC and Spencer’s ICAP and torpedoed investigations into both firms both in the UK and the USA.

Some anti-corruption researchers and campaigners raised this issue with the HSBC board at the Bank’s Annual General Meeting (AGM) in London on Friday but were sidelined.

The Canary have run a piece on the scandal which has received zero pick-up in the mainstream press.

For more info on Spencer read this article by the excellent I am Incorrigible :

 

Cameron and Letwin plotted to cap bank tax

The Sunday Times claim a leaked document has revealed that David Cameron and Oliver Letwin wanted to “cap taxes for the banks”.

According to the leaked memo Letwin endorsed Cameron’s plans for an “aggregated City tax take” which would have prevented the government from increasing the banking levy.

The cap on the banking levy was proposed in the early days of the coalition, but was blocked by the Liberal Democrats.

The memo reveals that Letwin suggested that a cap on taxes should have started with a “small club” of high street banks belonging to the British Bankers Association.

“If this worked, we could move on to the hedge funds”, Letwin added.

When asked about the bank tax proposal yesterday Letwin claimed to have “absolutely no recollection”.

 

BROMANCE SHOCKER: Cameron Comes Clean Over Trump

David Cameron has declared his ‘respect’ for Donald Trump — but most Britons haven’t forgotten the Bush/Blair relationship and fear another murderous Bromance.

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For the sake of context let it be known that neither the Bush family:

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nor religious Republican Speaker Paul Ryan

are prepared to endorse Donald Trump:

Yet Cameron openly states that Trump ‘deserves respect’

I wonder if he’ll have his wife’s chest signed too — along with TTIP.

                 

The fragrant Samantha Cameron was unavailable for comment.

Trump Signs Sam Cam

Trump & Cameron: The Love-In Begins

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The perversity of politics is such that neither the Bush family:

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nor the religious right-wing fundamentalist Paul Ryan:

are willing to endorse Donald Trump:

but UK Prime Minister David Cameron says he deserves our respect!