Vince Cable Looks For Good Press By “Interfering” In Criminal Investigation re RBS and Ignoring Devolution

Vince Cable is the Business Secretary at Westminster. He is a Lib Dem. He has been an MP for a long time, so, one would assume, actually knows something about the constitution.

Mr Cable is a silly man.

Mr Cable is a silly man.

However he seems to have decided, in one fell swoop, to forget about the separation of powers and about the independence of the prosecution system. He also seems a bit clueless regarding devolution

The BBC reports today :-

Business Secretary Vince Cable has written to the Scottish legal authorities urging a rapid decision on whether to prosecute former directors of Royal Bank of Scotland.

Mr Cable said the matter had been referred to them in January last year.

He said he was very keen for a decision to be reached as quickly as possible to maintain public confidence.

The piece then states that he has written to the Advocate General for Scotland asking for clarification on this.

As an aside, the Advocate General is Lord Wallace of Tankerness. In his previous life he was Jim Wallace, Lib Dem MP and MSP. He served as Deputy First Minister for 8 years.

This is the Advocate General

This is the Advocate General

Presumably, as fellow Lib Dems, Mr Cable and Lord Wallace could have had a conversation without having to issue a letter and publicise it? After all, if Mr Cable’s goal was to find out what was happening, rather than to create headlines about him “urging progress” and concerns about the authorities “foot-dragging” then that is what he would have done, surely?

So instead he writes to the Advocate General.

Has he confused his Advocate General and his Lord Advocate?

This is the Lord Advocate

This is the Lord Advocate

As the Advocate-General’s page on Gov.uk says:-

The Advocate General for Scotland is one of the Law Officers of the Crown, who advise the government on Scots law.

Schedule 6 to the Scotland Act requires that the Advocate General be provided with notice of all ‘devolution issues’ raised before courts or tribunals in Scotland. Devolution issues include challenges to the legislative competence of an Act of the Scottish Parliament and to whether a member of the Scottish government has complied with the EU Convention on Human Rights or EU Community law

The Advocate General can choose intervene, on behalf of the UK government, in proceedings in which devolution issues have been raised if he so decides.

The Office of the Advocate General considers all Scottish Parliament Bills as they progress, in consultation with interested UK government departments, to assess their legislative competency. Under section 33 of the Scotland Act, the Advocate General has the power to refer Scottish Parliament Bills to the Supreme Court for decisions on their legislative competence.

Lord Wallace’s reply ought to read as follows:-

Dear Vincey-baby,

LOved your Lycra cat-suit when I last saw you at the Trocadero – that ballroo dabcing gives you a good work-out, doesn’t it!

Turning to your letter about RBS:-

It has nothing to do with me, so if you want to know, ask the Lord Advocate, who is in charge of the decision.

However asking him would look like political interference in the investigation and prosecution of alleged crime, even though you say it is not, and as such might assist in providing an additional defence to anyone who is prosecuted.

If there is a prosecution, and any of the accused raise a “devolution issue” then I, or my office, has to consider whether to intervene, so you raising this with me compromises not only you, but me as well.

So please be quiet about it.

Yours in sport,

Jimbo

But he won’t, though he should.

Mr Cable is concerned about confidence in the banking system and so wants a speedy decision. After all, he refers to the matter having been referred to Crown Office last January.

With all due respect to Mr Cable, he is either not living in the real world, or else is indulging in political grandstanding. (Heaven forbid he is doing the latter.)

If there are to be criminal proceedings against anyone, then the allegations will be detailed and complex. There are no suggestions that any of the allegedly culpable officials were sneaking out of the RBS HQ laden with sacks of cash, or were putting money that was not theirs into secret accounts in the British Virgin Islands, for example.

Instead the allegation is that there was gross mis-management, leading to the bank’s demise, until it re-appeared as newbank but still with all of its history and titles (sorry – got two posts mixed up there).

Even a simple fraud case, and there are very few simple fraud cases, takes many months to investigate.

Investigations by liquidators or the Insolvency Service into bankrupt companies often take many years.

Mr Cable wants Crown Office to hurry this investigation along, and to make decisions about prosecutions, which depend on accumulating evidence, seeing if there is evidence of criminality and then deciding if there is sufficient prospect of a conviction, beyond reasonable doubt, and whether a prosecution is in the public interest, in less than 18 months?

Mr Cable also stated that his enquiry was NOT political interference in the criminal process. If he felt the need in advance to say that, then that, per se, suggests that it is, or at the very least he thought it could be

His question contains too the implication that, somehow, Crown Office is taking its time over the decision, that the attentions of the prosecutors under the Lord Advocate are being devoted to the theft, allegedly, of Mrs McGillicuddy’s cat in Cupar, rather than possible RBS prosecutions…

Politicians are kept out of the criminal process (except, as in the expenses scandal) when in the dock, for very good reasons. It was considered entirely inappropriate for politicians to set tariffs for prisoners on life sentences. Politics ought not to be part of the criminal justice decision making process.

If Mr Cable too was respecting the devolution settlement, then he would have thought about asking the correct people.

However, to my eyes, it looks simply as if Mr Cable wants to be seen to be getting tough on the bankers. He wants to be seen as being the person who is standing up for the shareholders and for the country. He should well know that, even if a criminal case started today, the chances of it coming to any conclusion before the next election are very slim.

But it might suit politicians to comment that there were people facing trial for ruining the banks, whose actions took place under the previous government, while, of course, making it clear that these were maters for the criminal courts and that the people involved enjoyed the presumption of innocence.

In fact the start of a prosecution would be a disaster for Mr Cable wanting to make capital from this, as he would, or ought to be, precluded from comment under contempt laws!

And, as I mention above, the devolution settlement means that the Advocate General has nothing to do with the prosecution of crime in Scotland.

But I guess these small technicalities mean little when there is headline to be gained about “getting things done” and “putting on pressure”.

Finally, how many former directors of RBS have been sued by the company (now mainly state-owned) for damages for malfeasance, negligence or incompetence? After all, in law, if their management of the company caused it losses, then there could be cases against them.

Handing back, or stripping, knighthoods does not really make much difference, and indeed perpetuates the myth that it was only a couple of greedy so-and-sos who were responsible, rather than the whole banking culture, which became infected with gold fever, or greed, as it would more prosaically be known!

“Politician talks rubbish” is as boring a headline as “Dog bites man” but sometimes it needs to be pointed out.

Posted by Paul McConville

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54 Comments

Filed under Criminal Law, Politics

54 responses to “Vince Cable Looks For Good Press By “Interfering” In Criminal Investigation re RBS and Ignoring Devolution

  1. Monti

    Morning Paul, :)………….What is Vince Cable’s footballing affiliations? there must be a football link somewhere lol.

  2. pete

    apparently, York City

  3. Andrew Keith

    To continue your mixing up of two blog posts idea (I see what you did there), if a bank/football club becomes too big for the regulatory authorities to control it properly, then surely it should be broken up into more manageable parts. I await news that the SFA have instructed Celtic and Rangers to split themselves up into at least two teams each. Not by age, but by source of funds. Maybe then you would have a Champions League Celtic and an SPL Celtic. Rangers would undergo the same fate when they are back up top, but for now might be split into a Ramsdens Cup Rangers and an SFL Rangers.

    See, this banking crisis business might all have been bad!

  4. Steven Brennan

    Cable is just another person who courted and honoured Mr Goodwin when he was paying 30 plus billion a year in taxes into the treasury.
    And then after a period of bad decisions and over reaching resulting in a collapse of the entire banking system they blame evryone but themselves.
    If I had been in the same position as Goodwin at the end I wouldnt have paid a penny back from the pension I earned over many good years.
    The police force and politicians, when caught out doing something wrong are allowed to retire on full pensions so why shouldnt Fred Goodwin.
    He wasnt made a Knight of the realm for doing a bad job all those years, Vince Cable is a chanty rastler of the highest order who sits in a party that couldnt govern the Airdrie savings bank far less one of the biggest banks in the world.
    Just ask the students who are depending on the BANKS for lending facilities to attend further education due to his rotten switching policies.
    Dont believe a word from anynof them as it is all Pish and Wind.
    There you go rant of the day in early, now I should get back to work.

    • Ed Paisley

      You are spot on Steven. Goodwin is an accountant whose only real skill was acquisitions – he did that at Royal Australian and he did that at RBS. He didn’t even have basic banking qualifications. By his own admission he did’t understand many of the exotic financial products his bank was using to maintain profits.
      When RBS was running out of cash to keep the ATMs open he phoned the chancellor Alastair Darling and said – what are YOU going to do to fix this crisis? Even at that stage he didn’t understand that it was these dodgy securitised sub prime mortgages that caused the banking collapse. And of course he was busy forcing through the takeover of ABN Amro which was highly exposed to these toxic assets.
      Can you really prosecute Goodwin for incompetence when for me the key failure was a lack of adequate governance?

      • Monti

        Morning Ed, is that not basically saying how can we justify punishing the rangers ( for decades of cheating, tax evasion etc) because the sfa had insufficient governance over the period? HH!

        • Ed Paisley

          Hiya Monti – good morning to you too sir.
          I think Rangers have been punished – they were liquidated and lost any claim to the history. Chico bought a stadium and a training ground. The new club will always be SEVCO to me. If it can be shown that Murray, Whyte, Green, Grier etc were part of a criminal conspiracy to cheat the creditors then they should be thrown in the clink. These men were the governance at Rangers and the buck stops with them for any criminality. So far they are all thinking they got away scot free – I pray one or more goes to jail for some time.

          • Monti

            Absolutely & I agree with all you have said there, maybe it’s just me ed, but it still isn’t enough in my eyes, I want Ibrox closed, knocked down & the land sold to property developers, with all money raised going to HMRC and creditors, same with Murray park. I thought the name ‘rangers’ had to change on liquidation? What about the club crest? Is it legal for this this new club to advertise themselves as the new club? & what is all this ‘ buying history’ nonsense? Surely the history would be intact to oldco, only concluded. P.S. I assure other commentators I have no intention of turning Paul’s blog this morning into a Celtic v Sevco thing.

            • Monti
              May 1, 2013 at 10:34 am
              P.S. I assure other commentators I have no intention of turning Paul’s blog this morning into a Celtic v Sevco thing.
              =======================================================

              …but you’re off to a good start anyway Monti! 🙂

            • Pensionerbhoy

              Monti

              “P.S. I assure other commentators I have no intention of turning Paul’s blog this morning into a Celtic v Sevco thing.”
              What seat are up for in the next election. Even Cable would be hard put to to beat this one. I laughed so much my vest is covered in splurted tea.

          • Rangers got liquidated as a consequence of there own actions, no punishment was handed out by any one.

            • Monti
              May 1, 2013 at 10:34 am
              ======================

              …and you’re in good company…

              Instead the allegation is that there was gross mis-management, leading to the bank’s demise, until it re-appeared as newbank but still with all of its history and titles (sorry – got two posts mixed up there).

            • ektim

              Correct! They have had virtually zero punishment. The 10 point deduction for Oldco was a consequence of going into receivership. Oldco has been fined – a fine that will never be paid. Sevco had a signing ban but were given an SFA licence despite not meeting the rules. Where is the punishment that fits the crimes??

        • ektim

          @Monti Sir Minty knew exactly what he was doing with EBT’s. The LNS inquiry found Rangers guilty of deliberately withholding such details from the SFA/SPL.

          The resulting “no sporting benefit gained” decision by LNS stunned the entire football and legal world. The SFA were complicit in that scandalous decision by providing to LNS an unusual (and against all previous precedent) re-interpretation of the rules!

          Craig Whyte knew exactly what he was doing when he withheld PAYE and NI. Without doing so Oldco Rangers would have been liquidated before December 2011.

          Therefore we have three separate issues. 1) Deliberate withholding of relevant information against SFA/SPL rules; 2) deliberate withholding of tax monies to HMRC; and 3) at best inept, and at worst corrupt governance by the football authorities in Scotland.

          Football fans of all teams in Scotland now know as fact, that there was one rule for Rangers (now Sevco) and one rule for everyone else! HH!

          • Monti

            ektim I hear you loudly my friend, totally agree. I feel let down by Peter Lawwell & Celtic over the whole affair, Celtic IMO, should have taken a lead,instead the small clubs & their fans showed Celtic & Lawwell how it should be done. How much prize money & Champions league money have Celtic been denied over an 11 year period & other clubs have been denied too. Only an absence of any form of ‘ Rangers’ in Scotland will placate me, I want that prize money, I want the SFA to publicly announce Rangers history concluded on liquidation, I want all creditors to be paid to the penny, I want Walter smith & Ally Mccoist to hold a press conference & declare the rangers are a new club with months of history, they need to be humiliated, they need to show remorse. As for Lawwell, I really am thankful for the job he does at Celtic, but he let Scottish football & Celtic down when it came to the crunch, hear want nothing to do with them Peter, have you got it, now be loud & clear about it. Well done to all the clubs in Scotland who said no to newco, you can look yourselves in the mirror knowing you put integrity before finance,this is & will always be the proper way to conduct your club. Turnbull Hutton & Mr.Thomson at tannadice I salute you. Scottish football fans & clubs, stay together as one, make sure sevco’s ‘journey’ to the SPL is a miserable one. HH!

            • Pensionerbhoy

              Monti

              Like a good politician I see you are sticking to your promises 🙂

            • McCaff

              Monti, as much as I understand the sentiment, had Peter Lawell (as representative of not only CFC but also the reasoned voice of the majority and body politic of the Celtic fans) publicly requested, fought for and overseen the absolute demise of RangersFC as was, the repercussions on a local scale, in terms of retribution, civil unrest and downright badness are too frightening to think about. Peter Lawell was in an impossible position. And besides all that, when all is said and done, Celtic in a sporting capacity need a competitive Rangers FC to enable us to develop as a club. And by the way….on a level playing field nothing can beat football for the ability to show true champions. Just ask the fans of Bayern, Barca(almost), Man Utd, Celtic…. all league winners before the season’s end. CFC criticised for lack of competition…..what about SPAIN, ENGLAND, GERMANY? I suppose their Champions deserve their medals!?

    • Pensionerbhoy

      Steven

      Far be it from me to challenge your wisdom. I follow your posts regularly but refrain from comment as I have neither the inclination nor wit to oppose you. However, since we all seem to have grown something with this story, here goes (not totally serious, by the way).
      “If I had been in the same position as Goodwin at the end I wouldnt have paid a penny back from the pension I earned over many good years.”
      Have you seen the amount? Seriously, can anyone truly “earn” such a pension? However, that is not to contradict your basic premise.

      “He wasnt made a Knight of the realm for doing a bad job all those years,”
      I think you may find he received his knighthood for his work for charity rather than in the bank. He was for many years the chairman of Princes Trust and as far as I know brought many benefits to that charity.

      I must confess that, in spite of my minuscule variances, I do hold with the general tenor of your piece.

      • Steven Brennan

        Fred was awarded his knighthood for services to banking in 2004 and it was annulled in 2012
        But you are correct that he did a lot of work with some charities, probably spending the banks money there though.
        What about Sir Minty’s annulment when we getting that ???

        • Pensionerbhoy

          Steven

          I bend the knee in acknowledgement of your superior knowledge. I have decided I should just stay on bent as I am getting too old to be up and down all the time.

    • Steven Brennan

      Also
      By making all the students in UK borrow money to finish education they are handing the banks more easy profits.
      They are doing what every upper class ruling elite have done, try to prevent the working peasants an education.
      Its not quite as blatant as the countries ruled my islam trying to stop girls education or the mid west american christian fundamentalists stopping science being taught. But it is all ways off subjucation against education.
      Cable and Co especially the cameron osbourne pair have no conception of truth or reality, Ian Duncan Smith came up with a cracker yesterday telling rich oaps to send the benefits back if they dontbwant them.
      Whats the chance of him and his colleagues handing back the expenses they claim? 22p for an envelope to second homes sold at huge profit there is no end to the duplicity of politicians.

      • Pensionerbhoy

        Steven

        “Ian Duncan Smith came up with a cracker yesterday telling rich oaps to send the benefits back if they dontbwant them.”
        You now have me in a panic. I hope the millions I saved do not put me in this category. Do bottle tops count? They would be a joke if they were not disgraceful.

        • JimBhoy

          @PensionerBhoy My go at a political issue kinda…!! On the same theme does anyone know how the new child benefit system works? You can opt out or you can stay as is and do a tax return to pay tax on what you receive (in child benefit) if you earn over a certain threshold… How much admin carnage is this gonna cause..

          If my simple understanding is correct this will be a mare to administer..

          • Pensionerbhoy

            JimBhoy

            But it will keep them and their cronies in a good number for the rest of their lives sorting it out in time for the next cock-a-doodle-do – and making a fortune out of it, of course. But we can rely on them handing back their pensions, can’t we?

        • Steven Brennan

          PB
          The sums are vast, but Human nature will in most cases accept the pay if its offered.
          I know I would happily have taken the money if my employer saw fit to give it to me, what it boils down to is how I think I would have spent it compared to some others.
          The couple from Largs who won an obscene amount appear to be well balanced and spending with thought and humility.
          I dont want to discuss their political allegiances as that wasn’t what I was referring to.
          And I bet Mrs PB would have your guts if you suggested sending back the heating allowance, chuck another log on old yin.
          Keep well.

          • Pensionerbhoy

            Steven

            Now I know why I do not debate with you. 1,2,3,4,5,6,7,8,9, and OUT!
            Logs on, slippers and pipe in place, cat on the lap and wife battering me for paying – something.

  5. gortnamona

    Paul
    ” and indeed perpetuates the myth that it was only a couple of greedy so-and-sos who were responsible, rather than the whole banking culture, which became infected with gold fever, or greed, as it would more prosaically be known!”

    Probably more so in Ireland and that is generally accepted. What is not accepted is the fact that the greed had affected nearly the entire population of the state. To many had their snouts too deep in the troughs to notice the inevitable collapse looming on the horizon. Indeed the then Prime Minister Bertie Ahern suggested that those who advised restraint, “whingers”, should commit suicide.

    • Ed Paisley

      @gortnamora
      I respect your comments Gort but I often here that the banking crisis was caused by the public’s demand for cheap loans and credit etc.
      The cause was the banks forgetting that their first duty was to support a healthy economy fir the public good – not to go hell bent for profits and super bonuses. They were manufacturing these securitised mortgage products – not to get poor people into hime ownership, but to reap premium interest income. Then when they saw the dangers, they started a disastrous pass-the-parcel game which simply expanded the risk to the banking system.
      No – the big banks are to blame. They should have resisted the pressure for cheap credit and reckless acquisitions and concentrated on sound conservative banking principles.
      Instead, they appointed people like Goodwin and Hornby (from Asda ffs!) and went for superprofits and nothing more.
      I refuse to take any of the blame for that.
      Who lent the billion pounds to Murray based on his tin-shed business empire.

      • gortnamona

        “In a democracy people get the leaders they deserve.”
        Joseph de Maistre (1753-1821)

        ” the majority always votes for the candidate promising the most benefits”
        Alexis due Tocqueville (1805-1859)

        Irish Prime Minister Bertie Ahern
        ” RTE, July 2007:

        On those who warned of trouble ahead.

        “Sitting on the sidelines, cribbing and moaning is a lost opportunity. I don’t know how people who engage in that don’t commit suicide because frankly the only thing that motivates me is being able to actively change something”

        And again

        Fianna Fail website (cache), September 2007:

        “But there is no place for negativity. No need for any pessimism. Above all, there is no place for politically motivated attempts to talk down the economy and the achievements of our people across all sectors.”

        Ditto – And who was to blame? Not Bertie.

        ” Irish Times, 10 October 2009:

        Anyway, it was the collapse of Lehman Brothers that did the real damage, Ahern insists. “That decision will in history be written as the biggest mistake that American administration ever made, because Lehmans was a world investment bank. They had testicles [sic] everywhere.”

  6. Ed Paisley

    Vince Cable revels in his reputation as the only man who predicted the collapse of the banking system. Wow – what a guy. I can clearly remember when Goodwin at RBS was reporting £6bn profit and many commentators were pointing out that this wasn’t supported by economic growth in the developed economies.
    So Vince was hardly a seer. But he trades on this and the fact that he was an advisor to the much loved and admired John Smith.
    I see that the banks are returning to some of their old practices and senior corporate pay continues to outstrip productivity and workers pay. Plus ca change, as they say. Vince feels that his lustre is threatened by his apparent unwillingness or inability to act against these fat cats so he is reduced to this ridiculous posturing.
    Taxi for Mr Cable!

    • Pensionerbhoy

      Ed

      Where do you think Mr. Vincent will finish his “working” life or more likely spend his “retirement”? I wonder what odds are available at Ladbrooks for banking? At a desk, stroking a fat cat and dealing in bonds, perhaps?

  7. arb urns

    Shareholders Action Group making progress here , Vinny far from being the depicted ‘silly man’ Jim’ll fix it for him if he has the ‘wrong address’.

  8. Paul,
    “In fact the start of a prosecution would be a disaster for Mr Cable wanting to make capital from this, as he would, or ought to be, precluded from comment under contempt laws!”

    might you have the crux here?

    Mr Cable may have had it hinted to him by his connections that something is soon in the offing, after which he wont be at liberty to make political comment for fear of contempt. So, make comment now that makes it seem as if the process is being given the hurry-up, and avoid possible contempt issues since nothing’s started quite yet.

    If its a political game the LibDems are playing, maybe we shall see reply from the Advocate General, Lord Wallace of Tankerness, which agrees with Mr Cable – thus giving each other pats on the back – or disagrees and politely points out the Mr Cable has fired at the wrong target (which you explain above).

    • Fra

      Vincent Cable and Jim Wallace are two of the problems affecting the political system in the UK. They managed to win a seat and have had their snouts in the trough ever since. Lord Wallace my arse. These bas@@rds give me the boak. They hide behind their cloak of blandness, never uttering anything of substance as long as their pockets are full enough.

      I noticed at the funeral of the milk snatcher they were referring to that knob of a son as Sir Mark. Being out the country, I must have missed this momentius occassion but If this ain’t reason enough to kill off the honours system then what is.

      Drag that shower of shite into the 20th century and do away with this corrupt archaic system of fawning and the licking of the brogues.

  9. Them banks,

    http://www.rollingstone.com/politics/news/everything-is-rigged-the-biggest-financial-scandal-yet-20130425

    “If cities and towns and other investors lost money because of Libor manipulation, that was their own fault for ever thinking the banks were competing in the first place”

    Them RFC 1872.

    “If football clubs,companies and tradesmen and other investors lost money because of RFC 1872’s EBT,VAT, NIC&PAYE manipulation, that was their own fault for ever thinking the RFC 1872 were competing and not cheating in the first place”

    So We Knew they were Rangers, so therefore we knew they were cheating, so therefore they should have stayed in the SPL,

    Now that we know that they are struggling to survive in the lower leagues (£1m+ a month losses) we should fast track them back into the top league for the top leagues own good, is that not right Mr Hateley

  10. Pensionerbhoy

    Paul

    I just sent the Advocate General a cable. It was actually addressed to the Lord Advocate but the position of the cable-lines seem to have gotten somewhat confused. It really does give one confidence in one’s politicians. I put it down to the thin air as they reach the dizzy heights of cabinet posts. When a secretary does not know the difference between LAW and ORDER, ORDER, do we actually have a secretary in a state rather than a Secretary of State?

    Still, it is good to know that in Scotland at least, there are politicians waiting in the wings whose acumen is well proven, men of competence who would never mistake “knee jerk” with “interference” or “waste of time”. Now, take that stalwart of national politics, the “fishy” (I know it is not punny, but for health reasons, I need something oily for breakfast) Mr. Salmond. No way would we witness such a high profile figure like he pressing for legislation such as the “Offensive Behaviour at Football and Threatening Communications (Scotland) Act 2012” as being in any way to do with “headline to be gained about “getting things done” and “putting on pressure”. No not our Alex. He can never be accused of jumping headlong into the “cable” car.

    And finally, Paul, it is really sneaky to kick us in between the thighs when our backs are turned.
    “Instead the allegation is that there was gross mis-management, leading to the bank’s demise, until it re-appeared as newbank but still with all of its history and titles (sorry – got two posts mixed up there).”
    Ach well, at least you will not run away like most sneaks once you have put the boot in.

  11. Off topic…but…

    Down, down, deeper and down….Zombie shares now stand @ 56.50p!
    How low can they go before being suspended? Quite a bit probably, but I’m a patient soul!

    • All the Sevconians want them to hit 54 for some reason, not be long before they get their wish granted.

    • Monti

      Morning Carntyne, many years ago standing in a packed Jungle underneath the cameras, I never thought I’d give 2 monkeys ( no pun intended) about current ( no pun intended) the rangers share price lol. But hey, anything negative about them is a positive HH!

      • Monti
        May 1, 2013 at 11:38 am
        But hey, anything negative about them is a positive HH!
        ================================================

        🙂 🙂

  12. mcfc

    Not a whiff of news about Ally’s meeting with new Craigie – does Ally back Craigie to take TRFC to the next level – did Ally secure the ten mill transfer budget. So many questions – and so few journalists asking them.

    New motto for NUJ Scotland courtesy of Jarvis Cocker ” I know that to the untrained eye, I’m sitting on my arse all day . . .”

  13. Monti

    Does anybody know when,BDO, HMRC, appeal investigation & verdict is due? Also why have the sfa not started investigations into Whyte’s links to Green? Oh I forgot,rangers are investigating themselves…that’s ok then? Can/ will BDO knock Ibrox down?……………sorry Paul :(………….:)

    • mcfc

      Pull the damn thing down,
      We’re gonna build a highway.
      And either side we’ll beautify
      With concrete reaching to the sky.
      Pull the damn thing down,
      Soon you won’t remember,
      As all the people turn their backs
      On cobbled stones and chimney stacks.
      Pull the damn thing down!

      John Miles

  14. Arguing black is Whyte…a Sevco symphony…

    “Yo bro this horse is actin a little weird”

    “Dude thats my dog get off”

    “Why is ur horse so small”

    “Its a DOG”

    “Why u pronouncing horse weird?”

  15. timtim

    The worlds financial system is a Ponzi scheme on the verge of collapse.
    We use a FIAT currency and fractional reserve banking system
    EVERY fiat currency system ever experimented with has collapsed in hyperinflation without exception . The average life expectancy of those fiat currency systems is 28 years. Since Nixon removed the $ from any backing by gold in 1971 and all nations followed suit the last being Switzerland in 1975 the world uses pieces of paper in unlimited amounts as wealth .
    Are they any different from cockle shells or tally sticks ?.
    The banking system is a criminal organisation that has been removing the value of our currency for exactly 100 years ,the inauguration of the Federal Reserve (a private bank ) in 1913. Here is what they have done
    In 1919 after the end of WW1 , the bank of England recalled all coins from the people and issued new ones . They looked exactly the same but instead of containing 92.5% silver (sterling) they now contained 50% silver .
    In one move the banks assisted by their Govt lackies removed 42.5% of the “value” of our money .In 1946 after WW2 ,the banks once again recalled our coinage and issued new coins ,they looked exactly the same
    but this time they contained no silver whatsoever .The banks had stolen the remaining “value” of the peoples money and had replaced “precious metal” with base metal . In 1965 the US embarked on a similair procedure
    the coinage was recalled and the 90% silver dimes and quarters were replaced with base metals . If you went to a petrol station in the US in 1964 and bought 1 gallon of petrol you would have paid 30c ,when you go today they will charge you on average around $4 ,however if you still have some dimes from 1964 or before that gallon of petrol will cost you today just 20c.
    The founding fathers of the USA were noble men and very clever ,they recognised the dangers of corrupt Govt and wrote the constitution to protect the people from such people should they ever take control
    Article 1 section 10 says
    No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts.
    As Amschel Rothschild once said -give me control of a nations monetary system and I care not who makes the law.
    In 1913 these corrupt men gained control of that system and aided and abetted by corrupt politicians systematically destroyed those articles set in place to protect the wealth of its people . The paper notes it now issues
    will eventually become as worthless as those from the Weimar Republic ,Hungary , Argentina ,Zimbabwe or from a Monopoly game .
    Quantative Easing is a fancy name for money printing , the road to destruction has been set , what happened in Cyprus will happen all over the world . Trust banks and politicians at your peril
    Gold is the currency of kings
    Silver is the currency of Gentlemen
    Barter is the currency of peasants
    Debt is the currency of slaves
    and Paper is the currency of fools

    Gold and silver have been real money for 6000 years
    fiat currencies have an average 28 year life span
    the bankers know this
    what they rely on is that you do not
    The founding fathers of the USA knew the dangers only too well

    • Steven Brennan

      If you had a public platform to mention this sort of thing the establishment would brand you a nut and discredit you to make the public wary of what you say.
      They don’t like it up em pike
      Especially if you have them by the fuzzy wuzzys

  16. Edmiston Ed

    Talking about the cream of the Scottish legal system, does anybody know anything about this Roy Martin QC that Rangers have selected for its investigation? He seems to specialise in town planning work (acting for Tesco, amongst others). No doubt he is bright enough to deal with the insolvency issues, even if they are not his area of expertise…or is he there to investigate planning law issues with turning Ibrox into a supermarket?

  17. Charlieismydarling

    It is a Faux Pas like this and Osbournes` comment regarding the £ that make me want to leave the union. Patronizing Bar Stewards

  18. Pingback: Update – Lord Advocate Stands Up For Scots Law And Tells Cable He Is Wrong | Random Thoughts Re Scots Law by Paul McConville

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