Bbc Expose Of Hbos And Debate In The House Of Commons

[Spandavia]

Hi everyone, I have posted the following and I hope it will be of interest to anyone on here who is sick of being maltreated by banks. I hope you will take the time to listen to 'File On Four' as it really exposes a sickening example of how badly some banks treat us. I am posting this as a victim of this scandal and the BBC programme came about as a result of a two year investigation my husband and I have had to do in order to try and prove what was going on. Even now, the bank refuse to admit any culpability. We are hopeful that the result of both the BBC expose and the Debate will be a better deal for bank customers and some decent treatment.

best

spandavia

 

INSIDE HBOS

WHAT DID WE BUY?

On Tuesday 26 May 2009, the BBC will broadcast across the News channels and on 'File On For' (Radio 4 at 8.30pm) an expose of totally unethical events at HBOS. This is an example of how certain millionaire 'Masters Of The Universe' failed to keep their house in order. After two years of HBOS strenuously denying anything was amiss with their risk management, the BBC can and has legitimately challenged this claim.

 

 

The programme shows how neither the Bank's own risk structure nor the regulators had any control of internal procedures at HBOS and how the Bank then mercilessly persecuted those customers adversely affected by their Executive's mistakes in an attempt to disguise what had happened.

 

 

HBOS has had billions of pounds of public money to bail them out and cover their debts – but what were we really paying for? Sub Prime and the effects of Global Recession? Or yachts and champagne for the boys? Was HBOS really a Bank or just one big jolly for the top dogs?

 

 

Thousands of people have been affected by the story the BBC will tell, business owners, their employees, shareholders, unsecured creditors and, of course, the taxpayer. Several MPs have pressed for a Debate in the House of Commons into this sordid situation. It will be held on 2nd June at 12.30pm. Please watch the BBC news on the May 26th and listen to 'File On Four'. And, if you are tired of being maltreated by banks or angry at what their actions have done to this country, then do something about it.

 

 

If you are a victim of this particular scandal then write to your MP and ask that they support James Paice MP in the Adjournment Debate. If you are not directly linked to this scandal but have suffered at the hands of unethical and sometimes corrupt banking practises, if your home has been repossessed, your business closed, your job lost or your savings have disappeared because of a bank, then please join our petition to the Prime Minister – who has known about this scandal in great detail since well before the Lloyds/HBOS Merger – but has done nothing.

 

 

PUBLICVSBANKS

(this is the name of the petition I have put up on the Gov. site. It should be active sometime next week – unless No.10 objects to it.)

 

 

As Joanna Lumley has shown us, if the public shouts loud enough as one, even Gordon Brown has to listen. Sign the petition to get transparency, integrity and justice back into our banks.