Integral Analysis of The Oligarchy.
What Shadow Banking is and Why its controllers are to blame.
The going direct mind map is not for the "hard of critical thinking".
https://longhairedmusings.wordpress.com/?s=Shadow+Banking
https://drive.google.com/file/d/1meaFYz1Ng-jfLoEBqMOkUOgeSscwjNRU/view?usp=drive_link
https://drive.google.com/file/d/1RCmZvU-iLW3cokJNqH2b6lgeTcgkmKIW/view?usp=drive_link
https://longhairedmusings.wordpress.com/2023/06/19/not-the-grub-street-journal-the-end/
Regulating in the Shadow of Big Banking. Paul Carliers Talk at the Transparency Task Force and the failings of the FCA under Andrew Bailey.
 ROGERGLEWIS  MARCH 19, 2021
I attended a virtual symposium last night I believe the Zoom recording will be on the YouTube channel.
The main speaker was a gentleman called Paul Carlier, Covering Lloyds, HBOS, and the FCA regulation of amongst other things FRAUD. One section of Paul’s Talk covered the Pricing structure of interest rate swap products in the US by some British Flagged Banks, and the approach to pricing and selling these products to their account holders for which HBOS were fined a few Million/Billions, Who is keeping score?. The same practice essentially was in operation across all markets including the UK. Specifically, this was the practice of adding markup to technical swap products at a predatory rate to what were called unsophisticated clients. The practice effectively demonstrated that Account Holders were seen as Marks or Dupes and not as customers.
As ever the journey through life is both a work in progress as well as an excursion with many detours.
This is not a detour, this is not an excursion this is though a work in progress.