German Banker Convicted of Misstating Risks of Sub Prime

So “downplaying” the risks in a press release, is a criminal offence in Germany, yet in Ireland everybody in banking and government, seems to think its their job to do that.

bloomberg.com/news/2010-07-1 … prime.html

It’s a different world,it really is. It’s depressing when you look at what goes on in this shithole.

It must be the case that this sort of spoof and bluster is a criminal offence in Ireland too? We surely don’t have different banking rules at the gross level?

Oh yes, tis a complete joke, but remember it’s THEM not you that’s laughing all the way to the bank.