H.O.L Test case appeal. Judgement Declared. ***See Announcements***

[srfrench]

and thanks to Els too

[hsbcfiddled]

Same earlier profession as another nice lady,if I remember.

 

Oh yeah! you mean Mrs Anthrax alias Chemical Sally.

 

How could you .....Sally will be offended at the comparison.

[middenmess]

Oh yeah! you mean Mrs Anthrax alias Chemical Sally.

 

How could you .....Sally will be offended at the comparison.

 

 

No,I was thinking of the grocer's daughter.

[srfrench]

What.....Tasmin?

[Bigredbus]

Oh yeah! you mean Mrs Anthrax alias Chemical Sally.

 

How could you .....Sally will be offended at the comparison.

 

ROFL

 

[hsbcfiddled]

No,I was thinking of the grocer's daughter.

 

Thats even worse!!!!!!!!!!!

 

Sally might take legal proceedings against you.

Edit quick.

 

Bit of advice Middenmess - when your in a hole dont dig.

[paulwlton]

Angela Knight seems to be implying that section 5 has already been dealt with at earlier hearings - which of course is nonsense.

[Bigredbus]

Implying seems, also, the only thing she does...

 

[InformedSearcher]

Well I've had time to calm down and to look at the judgment. I've also read a number of fantastic comments among the many posts. My take on this is that the court claim was a 'put up' job from day 1 - and actually the only judge who has stood out for the consumer is Lord Philips in the Supreme Court! And I wouldn't have said that on Wednesday!

 

Consider the time lines.

 

1. From 2005/06, more and more claims against the banks for overdraft charges. Banks claim it is not economic the defend any one claim, so refund charges at last minute to avoid any case going against them.

2. On one Thursday evening in July 2007, press announcement that the OFT is to challenge the banks. Court proceedings start next morning and FSA issue waiver and FOS puts complaints on hold at same time.

3. The banks start to report six monthly financial accounts from following Monday. Within three days, accounts show that collectively banks have paid out £1 BILLION in claims. The argument that it is not economic to defend is shot to pieces.

4. The only organisation to receive the financial accounts of ALL the banks prior to publications is the FSA. They arranged the deal between the banks, the OFT and FOS, no doubt with the active encouragement of the government.

5. County courts start to stay any claims that are on going even though no official stay issued by the Maser of the Rolls.

6. Court case winds on for 2 and a half years as many predicted during which time banks can charge fees and ‘save up to refund charges’ if they loose.

7. OFT don’t even bring the ‘common law’ argument in the High Court, so it gets thrown out.

8. Court of Appeal agrees that OFT does have the right but banks appeal to HOL (Supreme Court on very narrow technicality.

9. Supreme Court judgment points out that only asked by OFT & Banks to rule on one narrow area and that the OFT had the case on the wrong regulation and should have used Regulation 5, so why didn’t everyone use that as there is no defence for the banks.

10. Banks, OFT, FSA, FOS get draft judgment early and have a week to get there spin machines up and running for Wednesday. RESULT, media and the great British public fall for it all, hook line and sinker.

 

My conclusion is that this was a carve up job initiated by the Treasury and orchestrated by the FSA. As we saw last year, the banks think they are above the law ad that they can get away with anything.

 

I’ve also just listened to the Moneybox interview with the bankers’ mouthpiece, dear Angela. And just like the ex-Tory politician and ex-Treasury minister that she is, she avoided the question about Regulation 5. The banks know they are stuffed with the Supreme Court itself hinting that Regulation 5 is the way, hence Lloyds trying to get all cases struck out when the official line from the BBA is that ‘we will work with the FSA’. It is clear that this isn’t the end, despite the banks hoping it was.

 

 

This is brilliant and very correct - Thank you!

The reality is that they are all too 'cosy' together. For example how often do people complain to the OFT, FSA and ICO and get a positive 'permanent and ongoing' result? Seldom ever! The banks still 'push to the limit' and often never back down knowing the claimant does not have the funds to fight them even in a County Court.

 

All the staff are either straight from Uni or from the financial sector and operate on the 'we look at the facts' theory. They then present the facts (which, ahem we gave them!) and might make a suggestion to resolving the matter. This is not normally a conclusion till the next claimant complains. Something like Customs & Excise saying there's more smuggling (because they wanted to keep to tagets) so we need more people syndrome.

 

I think as you get older you also becaome so much wiser to the unfairness of things. However until it affects you personally you ignore it. So we see Madam X speaking for what could be conscrewed as the Banking cash cow service and with her training acts like a politician and does not/cannot answer a simple direct question. These people however expext us to respect and believe them. You get odd people talking about what they should pay for accounts but forget the million plus often allowed to go overdrawn so the bank could make more profit keeps them in their banking service world. The consolation to us this time is that it's not going to go away. 'Free banking' does NOT exist, never did and never can.

 

Michael

(tapping forehead with towel before sipping more Cava)

[Rhia]

AK always looks to me like she has a bottle of gin in her handbag (allegedly). Dreadful creature.

[JonCris]

It seems some in the legal profession & media get it

 

Lawyer News 29th November 2009

"New job alert

Wanted: Public relations manager for UK Banks PLC. Must have own tank. No experience necessary.

The already stinking reputation of the banks understandably got worse with the news that the Office of Fair Trading (OFT) has lost its chance to wield a stick on the subject of overdraft charges.

The successful defence of the banks was led by an army of big-name barristers, who must take credit for managing to make a soufflé out of a case that resembled a rotten egg.

Staying with the egg theme, there was plenty of it on the faces of those at the OFT, who must have wanted the ground to swallow up when Lord Phillips of Worth Matravers dropped the Supreme Court’s bombshell verdict.

Meanwhile, everyone outside the courtroom has an opinion. Including the one million or so “unfairly” charged customers.

On the one side: “I am so annoyed about this. What can we do?! So, so Unfair!!!”

On the other: “If you don't want to pay bank charges then don't take their money without their consent!”

And then there’s everything in-between: “The role of the OFT and FSA needs a complete revision as no one at the moment is protecting the public from greedy big business.”

The dust will not settle on this one."

Edited November 28, 2009 by JonCris

[Helford]

Isn't Angela Knight a chemist by education?

 

 

Yes, the sort of chemist who appears with her two sisters around a big mixing pot, now what's that called?

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Oh yes, I know, a cauldron Lol

[Bigredbus]

I can imagine the pungent smell out of that cauldron!

 

ROFL

 

[InformedSearcher]

Yes, the sort of chemist who appears with her two sisters around a big mixing pot, now what's that called?

 

 

Oh yes, I know, a cauldron Lol

 

Jason and the Argonauts was the film.

The 3 witches had a single eye to share between them. Medusa played a delightful part with the head of snakes that turned people to stone. I'm just wondering who could play the part of Zeus? You know that film is for real too!

 

Michael

[hsbcfiddled]

I can imagine the pungent smell out of that cauldron!

 

ROFL

 

 

 

Probably not the cauldron that smells...

[barry_2008]

I've Now got the Tory MP Candidate Campbell Storey writing on my behalf ...woohoo.

[car2403]

Hmmm

 

Anyone know if CAG bosses are likely to have a problem if I took out a local newspaper ad telling people not to give up and point them to the site?

 

Who would i contact to get permission and approval of the text?

 

Will flag this up for some attention for you

[citizenB]

Hmmm

 

Anyone know if CAG bosses are likely to have a problem if I took out a local newspaper ad telling people not to give up and point them to the site?

 

Who would i contact to get permission and approval of the text?

 

I missed car's post. As it has been flagged for admin's attention, please dont email

 

Thanks x

Edited November 29, 2009 by citizenB

[pompeyfaith]

great idea if you can post the ad text and it gets site approval ill put it in a paper down south PF

[ammani]

We could make fliers, and hand them out!

[ncf355]

Needs something to get the message out there

 

I think BBC etc are starting to sort the damage they did on the day of the judgment but the amount of people I've come across that seem to think its all over (of course I corrected them!)

[Undercover-Elsa]

It's far from over. It's all getting very exciting, like a Lord of the Rings sequel !!

 

Mark Gandalf joins forces with Aragorn Lewis to defeat the evil bank orcs, whilst Golem Brown leads the trusting hobbits'sss into further peril...

 

[pompeyfaith]

i suppose that would work say if u were going shopping and u took a few to hand out as you did that shopping also inform as many friends and relatives as possible then gradually word will get around PF

[pompeyfaith]

could always stand outside a lloyds/tsb and hand out flyers lol

[Bigredbus]

could always stand outside a lloyds/tsb and hand out flyers lol

 

 

Seems like a good idea...

 

ROFL