Because some things are crimes and others are not

Gordon Brown has warned that “rogue bankers” could cause another financial crash because the failure to imprison them after the last crisis means it is “inevitable” they will start gambling again with public money.

Writing in his memoirs, which are published next week, the former Prime Minister warned the “mistakes of the past have not been heeded” and bankers who act fraudulently must be jailed, banned from future practice and their assets confiscated.

He questioned how Fred Goodwin, the former boss of RBS, could walk away with his past bonuses “untouched”, a tax-free lump sum of £5 million and a pension of £300,000 a year after the bank collapsed and was bailed out by the taxpayer.

Being an idiot, running a business badly, losing lots of money, these are not crimes. When people did commit actual crimes, like rigging Libor, they were jugged.

17 thoughts on “Because some things are crimes and others are not”

  1. they will start gambling again with public money.

    Says the one-eyed Scotch cunt who was the biggest gambler with other peoples’ money the country has ever seen.

  2. — ‘Writing in his memoirs, which are published next week…’

    Entitled “What Went Wrong.”

    What “Calamity” Brown doesn’t mention is what should be the punishment for ruinous mismanagement of the entire economy and tax system.

    — ‘He questioned how Fred Goodwin, the former boss of RBS, could walk away with his past bonuses “untouched”, a tax-free lump sum of £5 million and a pension of £300,000 a year…’

    Brown’s disastrous tenure did vastly more damage to vastly more people than Goodwin ever did, yet oddly his own gold-plated pension from his time at the trough is secure.

  3. Bottler deserves the noose.

    Pierpoint style however –quick–rather than the Tyburn style 45 minute gargle the rest of them will get.

    He did save us from the Euro after all. For purely selfish, egotistical reasons but saved we were.

  4. What did Goodwin do that the Co-op didn’t do? I would certainly like to see criminal charges for incompetence in many areas of life, including politics. Applied retrospectively.

  5. Brown was a deeply lousy Cnancellor but he was a much less bad PM than Blair. Blair the only one of that sorry crew that I seriously think ought to be strung up. Only after arrest, charge, conviction and sentencing, of course.

  6. the former Prime Minister warned the “mistakes of the past have not been heeded” and bankers who act fraudulently must be jailed, banned from future practice and their assets confiscated.

    Big of him to concede that there were mistakes made while he was at the helm: the enduring memory had previously been that he had saved the world.

    His suggestion that people should be jailed, banned and have their assets confiscated (what about their pensions, eh?) seems oddly unoriginal.

  7. TMB–“His suggestion that people should be jailed, banned and have their assets confiscated (what about their pensions, eh?) seems oddly unoriginal.”

    A lawsuit for plagiarism is already underway.

  8. @Mitch

    This will be fun. There is a Scotch crime writer called Gordon Brown … and it is his profile punters are invited to visit on the page for Oor Gordie’s Big Book of Self-Justification:

    https://www.amazon.co.uk/Gordon-Brown/e/B0034Q4P8A/ref=sr_tc_2_0?qid=1509461371&sr=1-2-ent

    From his bio:

    Gordon Brown lives in Scotland but splits his time between the UK, the U.S.A. and Spain. He’s married with two children. Gordon once quit his job in London to fly across the Atlantic to be with his future wife. He has also delivered pizzas in Toronto … is a DJ on local radio, compered the main stage at a two-day music festival and was once booed by 49,000 people while on the pitch at a major football Cup Final.

    Added to which, he looks decidedly … well, judge for yourself.

  9. Hang on – this is Gordon Brown, the man who brought down Lloyds, so that it needed bailing out by the government, by pushing it into a stupid merger with Bank of Scotland, saying that banking mistakes should be punished?

    Well, we know where to start.

  10. Is he accusing Goodwin of fraud? That’s quite a strong accusation. Eric Daniels would probably like to talk more about the pressure exerted upon him by Victor Blank and that guy Brown to merge with HBOS. This is ill-advised of the Scottish bottler.

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