The BBC, Royal Bank of Scotland (RBS), & Financial Conduct Authority have conspired to criminally defraud, bankrupt and asset strip thousands of small businesses throughout the UK.
New film Spank the Banker shows that other banks, including state-owned Lloyd’s, have also engaged in financial terrorism against British business.
Though the banks’ and the financial regulator’s misdeeds are well known in social media circles, the state run BBC does its best to give the government backed multimillion pound fraud campaign as little coverage as possible.
The sparse coverage the BBC has ever given has been carefully framed to disempower victims rather than to help them campaign for justice.
The following email trail reveals the BBC’s micromanagement of the RBS reign of terror coverup.
The BBC specialty is ignoring colossal collusive corruption in which state-backed banks defraud British Business to make up for the gambling losses of Britain’s most reckless high rolling investment bankers.
Neil Mitchell & Noel Edmonds
Neil Mitchell and TV presenter Noel Edmonds are victims of the Lloyds / RBS government-backed fraud machine.
But they’ve chosen to fight back.
They made Spank the Banker
BBC Birmingham producers were keen to interview Noel Edmonds at an upcoming Birmingham screening of the film.
The following mail is from Noel Edmonds’ publicist to Samir, the film’s director, and Adam, from BBC Local Radio.
This all looks very promising.
But when the BBC found out that the film was about government corruption, criminality and fraud, the BBC suddenly lost interest.
When pressed as to why they had lost interest in the multimillion pound bank fraud story with a former top BBC presenter, Noel Edmonds, a victim, BBC News PR replied:
So there you have it.
No comment, despite the newsworthiness of the story.
We tweeted the radio programme producer.
But again, no reply.
The BBC producer who had originally expressed an interest in interviewing Noel Edmonds was asked why the content was not deemed appropriate .
And finally he replied with a definitive … fudge.
So there you have it.
The BBC requested tickets to the event and started to arrange an interview with Noel Edmonds but when they found out about the content they pulled out and then completely denied it was anything to do with the content!
Fraud on the People
The scale of political bias at the BBC is unprecedented. The merging of state and corporate interests against small businesses and the public is a clear sign of a corrupt state, a corrupt banking system, a corrupt regulator, corrupt broadcaster, zero media regulation, zero trust and a turbo-corrupt government.
No wonder people now vote for extremist parties.
The steady diet of infantilisation & middle of the road reporting masks world class fraud and racketeering operations.
The RBS & BBC information mafias happen to have claimed many innocent individuals’ lives.
The scale of their truth crimes is off the charts.
For more information about uninterrupted state backed UK bank fraud, do watch Spank the Banker!
She has consistently voted with the Government for Brexit in the Lords and is therefore too biased to regulate the BBC.
She shouldn’t be allowed to back the Government in the Lords as well as in our living rooms.
Separate questions about her role overseeing the re-appropriation of hundreds of millions of pounds worth of small and medium sized businesses’s assets at the Royal Bank of Scotland also cast doubt on whether she possesses the probity and good judgment required of a media regulator.
Here she is, only last week, retweeting the most controversial of characters, Darren Grimes of Vote Leave.
This young man took hundreds of thousands of pounds from Vote Leave to launder money and the youth vote for the corrupt Steve Bannon’s Cambridge Analytica in the run-up to the Brexit Vote.
As a gay man and ardent Brexiteer, this is bollocks. Our equality, non-discrimination and family rights were hard fought for over many years by parliamentarians in the UK. The idea we’ll become intolerant of minorities without the EU is nonsense on stilts. https://t.co/tXnqGWHyQ6
This cases are just the tip of the iceberg as so much remains covered up.
This from February:
That’s right, this woman is deeply involved in one of the biggest banking scandals of all time.
Noakes was once described as the country’s top accountant and has lots of experience in PFI both for the government, the audit firms as well as in the private sector.
But sadly, it looks as thought our BBC has been entrusted to a card-carrying Tory Brexit propagandist.
Freedom of Information
John Mann sent a Freedom of Information Request to the Bank of England about former Deputy Governor Paul Tucker’s role in getting Barclays to readjust their LIBOR submissions during the crash in 2008. Mann was on the Treasury Select Committee and so the FOI was treated as urgent and replied to swiftly.
I suggest that a Labour member of the Culture, Media and Sport Select Committee or the Shadow Minister for Culture, Tom Watson, send in an FOI to Ofcom asking to see whether Baroness Noakes membership of the House Lords has ever been considered a potential conflict of interest.
Certainly all of Noakes’s correspondence on the subject of Brexit during the run up to the referendum and ever since are highly relevant at this time. Perhaps a group of Remainer MPs on the DCMS select committee, including Damian Collins, would like to start asking Ofcom these crucial questions.
Anything less would demonstrate a high degree of collusive corruption.
I asked David Whyte if the UK is a corrupt country in the run up to last year’s election:
For those who are new to the scandal plagued RBS GRG unit, this has been described as an “abattoir” for small businesses and that it may be the “biggest theft ever”.
That’s right, this woman is up to her neck in criminality and that is before the mega scandal that is about to break.
By the way she was once described as the country’s top accountant and has lots of experience in PFI both for the government, the audit firms as well as in the private sector. So yes, we’re talking about a mega-looter as a well as propagandista extraordinaire!
Good luck, Shelia Noakes, you’re going to need it!
These are questions I feel compelled to ask after watching just a few minutes of Howard Davies and Ross McEwan, of the taxpayer-owned Royal Bank of Scotland (RBS), giving evidence before last Tuesday’s Parliamentary Treasury Select Committee.
To not, as a society, vehemently question the goings on at these proceedings implies a collective post traumatic stress disorder following the 2008 crash that has robbed us of the dignity and empathy that we need to recover.
But recover we must. Current tolerance levels for corruption and injustice remain incredibly high and we all too often simply carry on.
Rushdie used to quote Kundera by saying that man’s struggle against the system was like the persistence of memory when trying to forget.
What happens when we can’t forget?
Madness is rare in individuals – but in groups, parties, nations, and ages it is the rule. Friedrich Nietzsche
What happens when powerful individuals are given platforms to defend corporate criminality while the rightful anger and people’s sense of injustice is segmented and siloed off to the point of non-existence, like the risk on a series of high risk collateralised debt obligations (CDOs) repackaged as Triple A reliable investments during good times only to re-emerge as toxic during the bad.
The risk and the anger never go away. They just get stored up for a later date. “They that sow the wind, shall reap the whirlwind”. Some will wonder why no-one heeded the warnings. How the journalists are to blame just as much as the government and the bankers.
Maybe the warning signs are hidden in the business pages. As Harvey Cox says in The Market as God, the concepts in the business pages are theological. Redemption and Retribution. People getting away with stuff and others getting punished. Why does God permit it? Nowadays we have PR people, Regulators, Central Banks, Blacklisted Whistleblowers and a growing number of unhappy customers.
If you kick off about this stuff, people ridicule you for making a big deal out of nothing, for being an anti-business Social Justice Warrior that knows nothing about the way of the world.
If the facts of life really are conservative then why make a fuss about anything?
Anyway, here’s that master class in how to carry out state-sanctioned cannibalistic, rampant Crony Capitalism in broad daylight — and get away with it.
Lots of innocent Small Business Owners have been asset stripped of their families, marriages, businesses and homes by the RBS Global Restructuring Group (GRG), and all many of them will get is this:
It is hard to see which features of Crony Capitalism don’t apply here:
Crony capitalism is an economy in which businesses thrive not as a result of risk taken for them, but rather as a return on money amassed through a nexus between a business class and the political class. This is done using state power to crush genuine competition in handing out permits, government grants, special tax breaks, or other forms of state interventionover resources where the state exercises monopolist control over public goods, for example, mining concessions for primary commodities or contracts for public works. Money is then made not merely by making a profit in the market, but by profiteering by “rent seeking” using this monopoly or oligopoly. Entrepreneurship and innovative practices, which seek to reward risk are stifled, since the value-add is little by crony businesses as hardly anything of significant value is created by them, with transactions taking the form of “trading”. Crony capitalism spills over into the government, the politics and the media, when this nexus distorts the economy and affects society to an extent it corrupts public-serving economic, political and social ideals.
The term “crony capitalism” made a significant impact in the public as an explanation of the Asian financial crisis. It is also used to describe governmental decisions favoring “cronies” of governmental officials. In this context, the term is often used comparatively with corporate welfare, a technical term often used to assess government bailouts and favoritistic monetary policy, as opposed to the economic theory, described by “crony capitalism”. The extent of difference between these terms is whether a government action can be said to benefit the individuals rather than the industry.
Off with their heads. No questions asked.
But for some reason, the British sense of fair play perhaps, they remain.
But how long can this carry on?
Here are the rules on lying to Select Committees from a Parliament Document:
So none of what is said in a select committee hearing can be relied upon in civil or criminal proceedings against anyone but attempting to mislead is Contempt of Parliament.
I’m still waiting for the full transcript of Davies and McEwan’s hearing to go up. I feel the people at Parliament are dragging their feet.
McKinsey, Treasury, Seconded Special Adviser to Nigel Lawson when he was Thatcher’s Chancellor of the Exchequer, Bank of England, Head of the Audit Commission which is now defunct but was instrumental in overseeing Thatcher’s Privatisation and Denationalisation agenda including Fraud Investigation, the London School of Economics from where he had to resign because of his closeness to Colonel Gaddafi, and now he’s the Chair of the Fraud Machine that is the 71% taxpayer owned Royal Bank of Scotland.
The Financial Conduct Authority has accused Sunday Telegraph journalists Ben Martin and James Quinn of attempting to launder RBS’s reputation despite several reports by Buzzfeed, The Times, The Daily Telegraph, and BBC Newsnight, of RBS’s rampant and widespread criminal behaviour.
RBS knowingly missappropriated its SME customers’ assets to improve its capital ratio and meet regulatory requirements in what the banks executives themselves referred to as their own ‘dash for cash’.
The Daily Telegraph has form when it comes to lying to its readers. Former chief political correspondent Peter Oborne quit in early 2015 over its unwillingness to report accurately on HSBC fraud.
Martin and Quinn’s piece this morning gives RBS a headline and a platform with which to pretend that the GRG allegations are all false despite overwhelming evidence that RBS knowingly defrauded its SME clients.
The FCA say they are not in a position to comment on GRG till they publish their findings.
When that will be remains anyone’s guess.
So we have the ugly prospect of two sets of state employees continuing to score points against each other by withholding and ignoring the truth about their own involvement in withholding and ignoring the truth.
The mind boggles at the unfathomable depths to which these civil servants will plumb in order to prevent justice and transparency and protect the shadiest part of the state’s fraudulent investment portfolio.
Is it morally right to cannibalise your own citizens if you do it via the people’s de facto sovereign wealth fund?
Innocent British businessmen were sold ‘protection’ on loans they took out with the bank but unknown to them the small print stated they were on the wrong side of an unlimited downside spread bet with the bank in which they had unwittingly remortgaged the roofs over their families’ heads.
Given that fraud is the banking industry’s business model all this should not come as a surprise.