Private Fraud?

I get more & more incensed by the lies and petty deciets of those in the private sector & their political supporters. Note the recent support for Bob Diamond and a man who has managed to make a fortune by gambling with other peoples money. Then somehow claiming that he is clever & able, rather than just lucky. Then there is the neat claim that he helped Barclays avoid the government bail out but people seem to forget that they were bailed out by a middle eastern government.

I quote from The Independent of the 1st November 2008
"Barclays faces the possibility of an investor revolt after announcing it is taking cash from Middle-Eastern investors, at a hefty cost, as an alternative to accepting the UK government bailout which its rivals HBOS, Lloyds and Royal Bank of Scotland are benefiting from. The bank, which last month turned down the Government bailout offered to the sector, announced yesterday that it will raise £7.3bn from investors in Qatar and Abu Dhabi"

Further quotes
"

The reason the future of Barclays is in the spotlight is that no one believes a word a banker says, writes The Evening Standard's Robert Lea...

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But Barclays' major investors, the Abu Dhabi royal family, have released documentation which reveals that if the UK Government were to make a move it would trigger a clause which would not only deliver the bank into the hands of the Middle Easterners, it would also stipulate that the taxpayer would have to pay way over the current price for the shares.

Read more: http://www.thisismoney.co.uk/markets/article.html?in_article_id=469329&in_page_id=3#ixzz0z0dyTSaY"

So let the commentators tell the whole truth and not pretend that there is something wonderful about the way Barclays Bank has been managed and the Mr Diamond is nothing less than an old time spiv.

Here is another example,
"Transocean dismissed BP's report, accusing the oil giant of having designed a "fatally flawed" well and making "cost-saving decisions that increased risk - in some cases, severely"."

How come if the rig was so badly designed were they willing to run the rig and risk the lives of their workers. It would seem obvious that the owners of Transocean should be charges with negligence at least and homicide at worst.