Tuesday, 12 July 2016
Bitches in high placces
Reflecting on how the debate about Barclays and HSBC leaving the UK fizzled out when they all got caught at it by US regulators I noted; "Or was it the reality of not having UK regulators to back them up when the Americans got a hold of their nads that prompted second thoughts?"
I was close I guess, it was actually the Chancellor who successfully backed them up against the Americans with a congressional report in the US stating that when HSBC was getting done for money laundering, " the UK "hampered" the probe and "influenced" the outcome."
Self-congratulation aside, HSBC subsequenrly started the whole debate all over again in a gob smacking display of ingratitude. Gits.
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