Not to go about it too much, because I know how boring so many people find it; but we are going to have to vote on the matter quite soon. I am now being told by the following exemplary, wonderful & admirable human beings, that to leave the EU would be disastrous.
1. The head of Morgan Chase Bank.............One of the banks that were in the thick of the banking crisis of 2008, that we are all still paying for ( in case anybody has forgotten ). THIS Morgan Chase Bank ( from Wikipedia ).....and there's so much more I couldn't list it.
Controversies Conflicts of interest on investment research
In December 2002, Chase paid fines totaling $80 million, with the amount split between the states and the federal government. The fines were part of a settlement involving charges that ten banks, including Chase, deceived investors with biased research. The total settlement with the ten banks was $1.4 billion. The settlement required that the banks separate investment banking from research, and ban any allocation of IPO shares.[64]
Enron
Main article:
Enron scandalChase paid out over $2 billion in fines and legal settlements for their role in financing Enron Corporation with aiding and abetting Enron Corp.'s securities fraud, which collapsed amid a financial scandal in 2001.[65] In 2003, Chase paid $160 million in fines and penalties to settle claims by the Securities and Exchange Commission and the Manhattan district attorney’s office. In 2005, Chase paid $2.2 billion to settle a lawsuit filed by investors in Enron.[66]
WorldCom
JPMorgan Chase, which helped underwrite $15.4 billion of WorldCom's bonds, agreed in March 2005 to pay $2 billion; that was 46 percent, or $630 million, more than it would have paid had it accepted an investor offer in May 2004 of $1.37 billion. J.P. Morgan was the last big lender to settle. Its payment is the second largest in the case, exceeded only by the $2.6 billion accord reached in 2004 by Citigroup.[67] In March 2005, 16 of WorldCom's 17 former underwriters reached settlements with the investors.[68][69]
Jefferson County, Alabama
In November 2009, JPMorgan Chase & Co. agreed to a $722 million settlement with the U.S. Securities and Exchange Commission to end a probe into sales of derivatives that helped push Alabama’s most populous county to the brink of bankruptcy. The settlement came a week after Birmingham, Alabama Mayor Larry Langford was convicted on 60 counts of bribery, money laundering, and tax evasion related to bond swaps for Jefferson County, Alabama. The SEC alleged that J.P. Morgan, which had been chosen by the county commissioners to underwrite the floating-rate sewer bond deals and provide interest-rate swaps, had made undisclosed payments to close friends of the commissioners in exchange for the deal. J.P. Morgan then allegedly made up for the costs by charging higher interest rates on the swaps.[70]
Failure to comply with client money rules in the UK
In June 2010, J.P. Morgan Securities was fined a record £33.32 million ($49.12 million) by the UK Financial Services Authority (FSA) for failing to protect an average of £5.5 billion of clients' money from 2002 to 2009.[71][72] FSA requires financial firms to keep clients' funds in separate accounts to protect the clients in case such firm becomes insolvent. The firm had failed to properly segregate client funds from corporate funds following the merger of Chase and J.P. Morgan, resulting in a violation of FSA regulations but no losses to clients. The clients' funds would have been at risk had the firm become insolvent during this period.[73] J.P. Morgan Securities reported the incident to the FSA, corrected the errors, and cooperated in the ensuing investigation, resulting in the fine being reduced 30% from an original amount of £47.6 million.
2. No less than David Cameron himself ( our esteemed Prime Minister )...........the man who said before the last election, that he was going to get immigration down to the tens of thousands........" NO IF'S AND NO BUTS " knowing damn well that he could NEVER keep that promise.
The same man who says that if we leave the EU, people will leave here to find work in the EU........that's the same EU where youth unemployment in Spain, Italy & other EU countries is running at over 40% and over 50% in many eastern European countries.
The same magician, who pulled fresh air out of a hat, after his EU re-negotiations, saying he'd got things ( we already had ) but none of the things he said he'd get.
3. Senior American politicians, including president Obama himself.
This is the country that imprisons ALL suspected terrorists, without trial, hearings, or enough proof to take to a court; in Guantanamo Bay.........and leaves then there to rot!! While WE can't get rid of a KNOWN terrorist in ABU HAMZA ( Hook to his friends ).....remember him.....because the European court of human rights wanted proof he wouldn't be subjected to abuse in his homeland of Jordan. We did eventually get those assurances and he was deported, but how many others like him have we been stuck with.
I am sick of being patronised & lectured to, by low life, Hypocrite, Scum bag, Bums ( in and out of suits ) who would sell there own mothers for profit, power or expediency..........and I want nothing to do with others, who want to control my country; by whatever means possible, for their OWN benefit !!!
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THE BREXIT CAMPAIGN.
