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Lagarde found guilty but no punishment.
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trevgo
19-12-2016
Originally Posted by Nodger:
“Well reminded:

Brexit would prompt stock market and house price crash, says IMF

https://www.theguardian.com/business...erendum-brexit”

It will when it happens. It hasn't yet.

Can you actually put a figure on how many times Brexiters need telling simple facts before they sink in? Or are they incapable of absorbing facts of any kind?
allaorta
19-12-2016
Originally Posted by Nodger:
“Well reminded:

Brexit would prompt stock market and house price crash, says IMF

https://www.theguardian.com/business...erendum-brexit”

I refer you to posts 12 and 16......you are breaking someone's heart.
tiggertiny
19-12-2016
Originally Posted by trevgo:
“It will when it happens. It hasn't yet.

Can you actually put a figure on how many times Brexiters need telling simple facts before they sink in? Or are they incapable of absorbing facts of any kind?”

The comments from Lagarde regarding house prices spiralling downwards and the crash of the stock market were going to happen immediately after a vote for Brexit not after we have left.

Perhaps the lady has had her brain badly affected by too many hours under a sun lamp?
MargMck
19-12-2016
Originally Posted by tiggertiny:
“The comments from Lagarde regarding house prices spiralling downwards and the crash of the stock market were going to happen immediately after a vote for Brexit not after we have left.

Perhaps the lady has had her brain badly affected by too many hours under a sun lamp?”

Yep, in the first two quarters following a Leave vote.
Nodger
19-12-2016
Originally Posted by trevgo:
“It will when it happens. It hasn't yet.

Can you actually put a figure on how many times Brexiters need telling simple facts before they sink in? Or are they incapable of absorbing facts of any kind?”

1. BIB: From the article, "The IMF said a panic among investors would trigger shockwaves throughout the economy following a vote to leave, sending shares and property prices into downward spiral."... i appreciate that the entire future of the universe, "follows a vote to leave" and therefore I declare the next extinction event meteorite / asteroid strike to this planet to be because of Brexit (whether it happens tomorrow or in 2 million years).

2. What you talking to me for Walt? How many times do you have to be told a straightforward and simple fact before it sinks in? Or are you incapable of absorbing a simple fact? ... just incase, here it is one more time... I have no time for your continual nonsense and to be fair nor does anyone else. The only quarters that offer sympethetic or congratulatory ears to your posts are the FM usernames which are your other accounts.
Nodger
19-12-2016
Originally Posted by allaorta:
“I refer you to posts 12 and 16......you are breaking someone's heart.”

They're managing that all on their own.

You've seen it before, but it's another that needs airing from time to time:

https://yougov.co.uk/news/2016/11/03...are-stuck-den/
Andrew1954
19-12-2016
D'you know if I didn't know better I'd suspect there was one set of rules for the political elite and another for the rest of us.
alan29
19-12-2016
Originally Posted by Andrew1954:
“D'you know if I didn't know better I'd suspect there was one set of rules for the political elite and another for the rest of us.”

And no enforceable rules for bankers.
allaorta
19-12-2016
Originally Posted by Nodger:
“They're managing that all on their own.

You've seen it before, but it's another that needs airing from time to time:

https://yougov.co.uk/news/2016/11/03...are-stuck-den/”

I wouldn't dare slot the Remnants on here into the those categories......but I think they might let us know.
MargMck
19-12-2016
Originally Posted by allaorta:
“I wouldn't dare slot the Remnants on here into the those categories......but I think they might let us know.”

Not seen that before, but this explains some of what's gone on:
Inhabitants of London, one of the three regions where the majority of voters wanted to Remain, are by far the least likely to have come to accept the result of the referendum at just 7%. Instead, they are much more likely to be stuck at the anger (27%) and depression (32%) stages than people in other regions.

Oh well, not sure there's anything we can to assist there, it needs some self-help.
Anyway, it's far more healthy to be angry about the rip off stuff like Lagarde's escape.
Tanky
19-12-2016
Originally Posted by alan29:
“Sweet Jesus, give it a rest, eh.
Just this once.
”

LOL! It's amusing how when people tell the remainers, to give it a rest, they go all "you are suppressing our freedom of speech and our opinions". So everyday since the referendum, there's dozens of threads started to try to talk negatively about Brexit.

The French government even endorses the IMF chief-
Quote:
“Meanwhile, the French government said it still had confidence in the IMF chief.”

http://www.bbc.co.uk/news/world-europe-38369822

She wasn't even present for her own verdict, she could have cared less about the verdict it seems. Just shows utter arrogance and contempt for the law, as though she did no wrong.
gemma-the-husky
19-12-2016
No swamp cleaning today people.
RichTeaBiscuit
19-12-2016
Lagarde is one of the best restaurants I've ever eaten at.
SULLA
20-12-2016
Originally Posted by tiggertiny:
“Christine Lagarde has been found guilty of negligence but apparently won't face any punishment.

"Christine Lagarde, the managing director of the International Monetary Fund, was found guilty on Monday of criminal charges linked to the misuse of public funds during her time as France’s finance minister, a verdict that could force her out of her post.

Ms. Lagarde, who began her second five-year term at the I.M.F. in February, will not face any jail time, the judge said. The scandal has overshadowed her work at the fund, to which she was appointed in 2011, after Dominique Strauss-Kahn resigned as managing director when he was accused of having sexually assaulted a maid in a New York City hotel."

Seems you have to be a bit bent to get this job. ”

Not a god deterrent
bradybrady
20-12-2016
Just listening to the finance spot on LBC and they were discussing this

David Buick said that he had heard a rumour that Lagarde would 'quietly step down' in the next couple of months and that George Osbourne was favourite to take over

Ycmiu
AnotherPOV
20-12-2016
Can't say I'm surprised at the result. 'Birds of a feather flock together'.
tiggertiny
20-12-2016
Originally Posted by bradybrady:
“Just listening to the finance spot on LBC and they were discussing this

David Buick said that he had heard a rumour that Lagarde would 'quietly step down' in the next couple of months and that George Osbourne was favourite to take over

Ycmiu”

It seeems only fair that George be rewarded for his success with the UK economy!!

On the other hand appointing an incompetent fool to follow a crook in the job doesn't seem to clever, perhaps the IMF should examine its recruitment process just to check it is robust?

But then given the IMF's miserable record on predicting such complex stuff as when the sun will next rise appointing an incompetent idiot would seem entirely fitting for this organisation.
bass55
20-12-2016
Lagarde is part of an untouchable, global political class. And people wonder why Brexit happened.
Payne by name
20-12-2016
Originally Posted by HenryGarten:
“This was the woman who was advising us about Brexit?

The remoaners were citing her for her forecasts.”

I know. Hopelessly inept at forecasts and now convicted of criminal negligence. Just another 'expert' that we were all supposed to listen to.
Jellied Eel
20-12-2016
Originally Posted by tiggertiny:
“But then given the IMF's miserable record on predicting such complex stuff as when the sun will next rise appointing an incompetent idiot would seem entirely fitting for this organisation.”

Actually.. it's perfect. Anything the IMF got wrong since 2007 can be blamed on the French. So 2007-2011, Strauss-Kahn, who obviously allowed himself to get.. distracted. And then Lagarde, who's just been found financially incompetent in a court of law.

Perfect patsys for the rest of the board who can get on with the important IMF business of fine dining. So, Osborne will fit right in!

But Christine Lardage should be thanked for her Brexit intervention. She told us we could expect lower house prices. I wonder how many 'Leave' votes that prospect won?
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