No, not even Paul McWeeney. In fact, Sir Snake had his insurance company give Paul McWeeney a big time executive position in exchange for him agreeing not to spill the beans about all the fraudulent lending activity that went on while he was BOB's managing director. LOL
The 2008/9 bailout of the U.S. banking system was a bailout of the unregulated shadow banking system that corrupt U.S. politicians, controlled by greedy Wall Street criminals allowed to develop and flourish. And then when the wheels came off, a very corrupt U.S. Congress decided to use U.S. taxpayer dollars to bailout the very same greedy Wall Street criminals who ultimately greatly and most unjustly enriched themselves by nearly toppling the entire global banking system. In stead of going to jail, the Wall Street criminals, many of them muliti-billionaires today, got rewarded for their criminal activities in the shadow banking system, which to this day remains largely unregulated.
You obviously do not understand why the other banks have been shutting down their foot print in our country, especially the Canadian bank cartel. All of the corruption that has existed within BOB, and may still exist there, is just a shining example of the reason why. And that reason is rampant corruption accompanied by theft of every kind imaginable.
The domestic banks are even finding it increasingly difficult to hire decent, honest and hard working Bahamians these days, thanks in large part to too many Bahamians having received a D- education and having been raised in broken homes, typically in poverty by a single mother or grandmother.
The Canadian owned domestic banks are trying to fight all of this by moving as many of their customers as they possibly can to a more secure online banking environment. This allows them to have good cyber security and other internal controls in data centres located far away in much less corrupt countries, like Canada.
Suggest you wake up and start seeing the big picture before you spout off worshipping BOB. As I said, BOB is just a shing example why Bahamians and their businesses are finding it increasingly difficult to find a domestic bank that meets all of their banking needs, especially on the family islands.
BOB's losses from fraudulent lending practices when Paul McWeeney was its managing director ended up exceeding $500 million by the time all was said and done.
tribanon says...
No, not even Paul McWeeney. In fact, Sir Snake had his insurance company give Paul McWeeney a big time executive position in exchange for him agreeing not to spill the beans about all the fraudulent lending activity that went on while he was BOB's managing director. LOL
On BOB chief: Bahamas ‘long way from default’
Posted 22 November 2022, 9:59 a.m. Suggest removal
tribanon says...
This comment was removed by the site staff for violation of the usage agreement.
On BOB chief: Bahamas ‘long way from default’
Posted 22 November 2022, 9:51 a.m.
tribanon says...
The 2008/9 bailout of the U.S. banking system was a bailout of the unregulated shadow banking system that corrupt U.S. politicians, controlled by greedy Wall Street criminals allowed to develop and flourish. And then when the wheels came off, a very corrupt U.S. Congress decided to use U.S. taxpayer dollars to bailout the very same greedy Wall Street criminals who ultimately greatly and most unjustly enriched themselves by nearly toppling the entire global banking system. In stead of going to jail, the Wall Street criminals, many of them muliti-billionaires today, got rewarded for their criminal activities in the shadow banking system, which to this day remains largely unregulated.
On BOB chief: Bahamas ‘long way from default’
Posted 22 November 2022, 9:32 a.m. Suggest removal
tribanon says...
You obviously do not understand why the other banks have been shutting down their foot print in our country, especially the Canadian bank cartel. All of the corruption that has existed within BOB, and may still exist there, is just a shining example of the reason why. And that reason is rampant corruption accompanied by theft of every kind imaginable.
The domestic banks are even finding it increasingly difficult to hire decent, honest and hard working Bahamians these days, thanks in large part to too many Bahamians having received a D- education and having been raised in broken homes, typically in poverty by a single mother or grandmother.
The Canadian owned domestic banks are trying to fight all of this by moving as many of their customers as they possibly can to a more secure online banking environment. This allows them to have good cyber security and other internal controls in data centres located far away in much less corrupt countries, like Canada.
Suggest you wake up and start seeing the big picture before you spout off worshipping BOB. As I said, BOB is just a shing example why Bahamians and their businesses are finding it increasingly difficult to find a domestic bank that meets all of their banking needs, especially on the family islands.
On BOB chief: Bahamas ‘long way from default’
Posted 22 November 2022, 9:21 a.m. Suggest removal
tribanon says...
BOB's losses from fraudulent lending practices when Paul McWeeney was its managing director ended up exceeding $500 million by the time all was said and done.
On BOB chief: Bahamas ‘long way from default’
Posted 21 November 2022, 3:11 p.m. Suggest removal
tribanon says...
And this special UN connected climate fund is going to be funded by that big pot of lost FTX crypto when they find it. LOL
On Fund set up to help climate-hit nations
Posted 21 November 2022, 2:57 p.m. Suggest removal
tribanon says...
They comin' for ya crypto birdie. LOL
On FNM: Govt needs to show transparency over FTX
Posted 21 November 2022, 2:51 p.m. Suggest removal
tribanon says...
This comment was removed by the site staff for violation of the usage agreement.
On DID FTX BREACH FREEZE ORDER? Filing for bankruptcy could have violated Supreme Court ruling
Posted 21 November 2022, 2:48 p.m.
tribanon says...
LMAO
On DID FTX BREACH FREEZE ORDER? Filing for bankruptcy could have violated Supreme Court ruling
Posted 21 November 2022, 2:42 p.m. Suggest removal
tribanon says...
POW! Right between the eyes. He asked for it and you certainly gave it to him. LOL
On DID FTX BREACH FREEZE ORDER? Filing for bankruptcy could have violated Supreme Court ruling
Posted 21 November 2022, 2:41 p.m. Suggest removal