the sidelines of materialist skepticism. In the not-too-distant future the occupation with celestial harmonics in the development and cultivation of the holon will replace both science and religion as they are now known and practiced. From the cultivation of the holon and the correct understanding of the fourth-dimensional mathematical principles that govern our rediscovered mental powers, the new technology of radiosonics will evolve.José Argüelles-Valum Votan - THE DYNAMICS OF TIMETHINK WIDER [≡] THINK TRIM TABWHAT [IS] IS AND SURE AIN'T NO ISER
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Added by Michael Grove at 14:55 on November 17, 2022
or manipulation -
“Quite clearly, there was a culture here that tolerated – if it didn’t encourage – this sort of behaviour,” Mr Alistair Darling said “The FSA needs to carry out a further investigation to find out who was responsible for this, who knew what was going on, as well as to track those people who manipulated or attempted to manipulate the figures."
“Because until that’s done confidence won’t be restored.”- elsewhere in the Daily Telegraph -
Damian Reece makes his "What IS - IS - & sure ain't NO ISER" comment ...
Tobacco companies have had new behaviour forced upon them – a ban on advertising and smoking in public places for instance. Banks risk this in the form of yet more red tape, which would be counterproductive to the economy as a whole.
But they are now isolated and have few if any advocates – beyond this newspaper.
The reason this column still defends banks, yes even now, is because banking, unlike smoking, fulfils a social use and is central to wider wealth creation. But banks have forgotten their very real responsibilities to society (customers) in favour of owing responsibilities first to themselves and second to shareholders.
Banks' response to this latest scandal should be to find a clear and lasting solution to how they inculcate their organisations with the right priorities. That would be of more use than swapping one banker for another in the boardroom – and certainly of greater urgency for the good of banking and the wider economy.
Banks must use this scandal to refocus on their responsibility to society
…
or manipulation -
“Quite clearly, there was a culture here that tolerated – if it didn’t encourage – this sort of behaviour,” Mr Alistair Darling said “The FSA needs to carry out a further investigation to find out who was responsible for this, who knew what was going on, as well as to track those people who manipulated or attempted to manipulate the figures."
“Because until that’s done confidence won’t be restored.”- elsewhere in the Daily Telegraph -
Damian Reece makes his "What IS - IS - & sure ain't NO ISER" comment ...
Tobacco companies have had new behaviour forced upon them – a ban on advertising and smoking in public places for instance. Banks risk this in the form of yet more red tape, which would be counterproductive to the economy as a whole.
But they are now isolated and have few if any advocates – beyond this newspaper.
The reason this column still defends banks, yes even now, is because banking, unlike smoking, fulfils a social use and is central to wider wealth creation. But banks have forgotten their very real responsibilities to society (customers) in favour of owing responsibilities first to themselves and second to shareholders.
Banks' response to this latest scandal should be to find a clear and lasting solution to how they inculcate their organisations with the right priorities. That would be of more use than swapping one banker for another in the boardroom – and certainly of greater urgency for the good of banking and the wider economy.
Banks must use this scandal to refocus on their responsibility to society
…