JulieB

Wiz is always welcome - he knows that. VT wouldn't be the same without it's share of Alien residents.

Treat them nicely!

The fact that we paid them for the privilege of having him would suggest otherwise?

Rather than go to yet another tribunal with Peter spouting rolex to the press about it?

With all the acrimony that would have entailed perhaps. It would appear we just paid them off to avoid the hassle as there

was so much acrimony over the appointment in anycase.

Disastrous appointment I concede but Lerner & Co go to great pains to do things properly. PF is now on the FA Council.

Wasn't always the case as in DOL days AVFC were fined for tapping up Beattie IIRC.

Barring the poaching of McLeish!

IIRC he who shall not be named left Blues because of dodgy goings on behind the scenes. We didn't poach him.

A bit distasteful imo, Julie (sorry!)

On this occasion methinks it's fully warranted - That CEO knows full well that Villa & Lambert acted properly and yet he did his best to intimate the opposite. I notice he didn't dare overtly say anything outright though - it was all implied.

Besides it was a Norwich fan who was bandying that info about last night - and it was THEY that nicknamed him McNasty.

Not sure people's sensitivities to supposed distasteful comments by posters normally is much of a problem on VT neither!

Lock it up and throw away the key.

Your "non PC" tweet made me laff on this subject!

I'd say we have done well out of this , Norwich have been paying the Salaries of Culverhouse and Karsa during the off season .so basically them sitting around doing nothing and we get them just as the players get back.

@HolidayPayisonus! NCFC

McNally did very well by himself. He ignored a clause in a contract which meant Norwich were no longer entitled to anything from the pursuing club. If he hadn't ignored it, we would have arrived at the same position as now except Norwich would have a few more sheckles in their pocket. So he clearly messed up. But McNally knows perception is key, so he played it cleverly to his fans and pretended to play hardball with Villa for the coaches.

Fans as a general rule never want to acknowledge that their club is the one that messed up, so the Norwich fans were too ready to believe their chairman when he started ranting about Big Bad Villa. We got our manager. We got him for free. If we had done something wrong, a clearly motivated McNally would have dragged us through the courts. He hasn't done that. The only compo they are entitled to now is whatever was left (if anything) for Culverhouse and Karsa. Given that it's now July, it's likely they'll get nothing for them. Any hero status McNally has in Norwich is down to the fans' reluctance or downright refusal to look at the facts of what happened rather than burying their heads and saying 'no no, Villa are bad, la la la'.

Spot on BOF!

What's more McNasty, in the same week as losing upwards of £1M for his club through his own arrogance....... managed to peev off his star striker by telling him he was too old for a 3 year contract - so his agent told the local papers. Just goes to show what a good manager Hughton is as he's obviously talked him out of moving.

Hope McNasty has had to eat a large slice of one of Delia's homemade humble pies! Apparently chatting to a Norwich fan last night on twitter his wife has filed divorce papers recently as well. Maybe she thinks the nickname Norwich fans gave him suits!

I see Kevin Macdonald hasn't gone anywhere

Eh?

I think Julie may ahve meant he has not gone to another club. Judging by the rest of her post anyway.

Yeah that's exactly what I meant... he's not gone to another club

Someone said he'd left to retire...I think IIRC that might have been Tim Abrahams on twitter.

I actually think Sir Jack & AVTV has improved since the early years quite a bit.

Just reads the B'ham Mail article from Mat Kendrick & last sentence says -

"Goalkeeping coach Terry Gennoe and fitness coach Adrian Lamb have also been retained"

So if Cully & Karsa come it's just a question of who will be the new scouts won't it?

I see Kevin Macdonald hasn't gone anywhere - someone mentioned (can't remember TBH) that he's looking to retire.

Talking about magic carpets - Kaboul of Spuds always looks like my perfect idea of the Genie of the Lamp off Aladdin.

KEA's nose is bit battered to be in a Sinbad tale!

Pronounced something like El Ah-marrdh-i according to Sir Jack's attempt on OS

He'd been to BMH & VP before according to his interview to have a look round (while PF was on holiday) -

which backs up some of the ITK we'd had.

One huge bonus is that he speaks English as well, like most Dutch do pretty well since learning it from an early age

The Dutch speak better English than most UK Citizens in my experience. Perfect English normally.

Welcome KEA (Also a breed of NZ Parrot which is very mischeivous & lives above the snow line)

Good interview with Economist Professor Steve Keen on 2nd half of Keiser Report explaining the madness of breastfeeding the Banks cheap money.

Yeah I heard Henman saying about the LA - but most of the residents rent their homes out to the players & tennis brigade during Wimbledon.

Just imagine some little Hitler on their council having a 2hour meeting to discuss it all to enforce the rule.

Only in Britain would some jumped up official insist that a game of tennis needs to finish by 11pm.

With floodlights and a roof - WHY?

Good job allowed it to go to 11.02pm in the end - else there would have been a riot.

Well done Murray in the end but that's the worst tennis I've seen him play for ages until he decided to up his game.

Was rumoured Culverhouse contract with Norwich was up end of this month.

Few tweets last few days and today that he's now a free agent & free to speak to Villa.

Yay!

Missed Jon Snow's grilling of the Libor spokesman on C4 News - wished I'd seen it.

Interesting tweet this morning.

Jon Snow ‏@jonsnowC4

Surely no conflicts of interest: Marcus Aegius: Chair Barclays; Chair BBA Libor; BBC Executive committee....anything else?

You may have misunderstood what I was saying. I wasn't suggesting that regulation (well devised and properly enforced) would necessarily not help matters but that even with it some people will be looking to abuse whatever system is in place. It may make the abuse more difficult but that may just make the premiums larger for those that succeed.

I think we have to try and be cleverer about things than just relying upon legislation and hopefully discovering the transgressors.

I agree Snowy.

Lord Turner Chairman of the FSA admitted publically that "they aren't clever enough to regulate the banks" when the RBS report was finally released by the regulator.

Perhaps there needs to be severe punishments doled out to some to set an example to deter any transgressors. Perhaps making them personally liable.

It won't happen though.

Even with 'proper, enforceable regulation' clever (perhaps cunning is more appropriate a word) men (and women) of certain types will continue to laugh at whatever system is in place and continue to abuse it.

Possibly Snowy - but what would urge me on is the concerted efforts the investment banks have made to stop regulation being re-introduced so far plus the way they've tried to continually stop or put off splitting the banks into retail & investment arms

Investment banks have been re-hypothecating loans/loan swaps to bump up their balance sheets to falsely justify bonus calculations and they need access to all our of our deposits and loans in order to transact as much corporate casino banking as they have been.

Why would any business need to take out a loan swap when the banks new that they would be manipulating central banks to keep interest rates low so that they can continue fleecing as much margins out of SMEs and individuals as they can!

Doesn't apply to everyone in the City or in banking but I'm afraid most of em are the same. Scum!

Charges under fraud law though won't be easy and are far from certain to follow.

The CPS & the FSA also have to contend with the fact that bankers can afford better lawyers than they can.

Well remember the interview at the beginning of Inside Job where the investigator recalled how pre 2008 collapse, everytime an Icelandic regulator dared to step into one of their banks to question their practices, he would be faced with about 19 lawyers accompanying any banking staff during an interview. If the regulator did well he was offered a job by the bank to shut him up!

This scenario has been repeated time & time again across the globe. How many leave Canary Wharf to take up lucrative positions on City boards?

Causing an unacceptable conflict of interest within the FSA, which should be addressed.

Mervyn King has called for a new culture in UK banks this morning - but HE's part of the problem - because he's constantly lobbied for banks to be given endless amounts of cheap money.

WHY? Our economy needs help...not the flaming investment banks!

Long gone are the days when many of the large investment banks provided private equity to drive industry & entrepeneurship forward. ALL most of them exist for is to gamble and find clever ways to abuse the system to earn more money.

Until the legislature puts in place proper, enforcable regulations and adequate safeguards, - these clever men will simply laugh at the system and continue to use and abuse it for their own private ends.

The big banks & MP's will close ranks on this

It's too big a scandal, so will be swept under the carpet

Agreed because to quote Cameron "They're all in it together"

TrentVilla wrote:

Actually you will find that haven't broken any specific law because there is no specific law in relation to the manipulation of the interest rates. They have broken regulatory rules not the law. There might be a potential case for fraud however it is far from certain because to prove fraud you have to prove dishonest intent which isn't always an easy thing to prove.

If they can prove that then charges will follow but personally I think they might struggle with charges under the fraud laws. The fact is though they haven't broken a specific law in relation to the interest rates

The rules of the game though were relaxed deliberately at the beginning of the nineties both on Wall Street & in the City. Under the influence of powerful government advisers deliberately planted by Goldman Sachs, JP Morgan Chase, City Bank et al successive administrations in both the US & the UK have failed to put back safeguards, which had previously existed since the Wall St crash in the 1930s to protect savers from the actions of reckless bankers.

Corrupt politicians, corrupt police, corrupt judiciary, corrupt media, corrupt banks...

From the top down the institutions governing the UK seem to be morally and ethically bankrupt.

And if things don't change then there's a good chance the UK as well as the wider global financial system will end up bankrupt too!

You only have to look at Iceland to see what works!

Stuff the bankers - look after your citizens & your economy.

Oh lookie how well Iceland are doing after being practically in the same mire Greece was a few years ago.

We keep on kidding ourselves that something will be done about all of these sorts of things and, though the odd action or two may be taken against individuals (largely against those at the sacrificial lamb level), it just doesn't happen.

Agree totally with Snowy - Jamie Dimon of JPMC, Bob Diamond et al should be in jail never mind facing MPs or Senate committees who act more like wide eyed rabbits caught in the lights of oncoming traffic.

Journalists and the public are acting all shocked about Barclays & other banks exposure of rigging interest rates but people like Max Keiser, Zerohedge have been telling everyone about this behaviour for years.

It's the tip of the iceberg because as I've tried to say these mega financial institutions have become so powerful that they just do what they want.

This is all just a distraction to make people think the regulators are doing something to curb banks behaviour, when actually they're not getting to the crux of the matter at all.

What the FSA & the US regulators need to do is REGULATE them properly across the board, particularly their derivative trades and their ability to "rehypothocate" (inflate loans) - A quad trillion market that is completely without rules or safeguards, which is larger than and putting at grave risk the entire global financial system. Most of which goes through the City of London after Gordon Brown relaxed all the safeguards to make it the money laundering financial capital of the world.

I for one am not fooled by any of this. It's just a slap on the wrist so we all think they're finally being tackled.

Nothing will change - the banks will still keep being breastfed Billions in loans at 0% interest across the globe - under the guise of Quantative Easing - only to mis-use the dosh to trade on the derivatives market to earn them all obscene bonuses. It's not in the main being used to grow economies or help businesses survive the downturn.

Absolutely obscene and history will record all this as the inactions of a global Nero fiddling while Rome burned.

are we talking about Clyne or Naughton here?

Jog on Levy at £6M for Naughton - not in for him anymore according to rumours

- Clyde will be a bargain for compensation price only as he's out of contract

Real coup if Lambert lands him! #Hereshoping