Era de esperarse. Si un banco tiene la falta de ética necesaria para trasladarle las pérdidas a los ciudadanos del planeta con prácticas cuestionables que no reciben castigo, si se les permite extorsionar a gobiernos y hundir a los ciudadanos para que les regalen dinero, no era de esperar otra cosa que siguieran haciendo lo mismo, porque aporta ganancias. Si seguimos haciendo las mismas cosas, obtendremos los mismos resultados.
Pues bien, el resultado de este proceso era el esperado. Ya tenemos varios casos de bancos cuestionados:
HSBC: Está siendo investigado por presunto involucramiento en lavado de dinero. La solución contra el lavado de dinero no es detectarlo, sino prevenirlo, y para prevenirlo hay que imponer duras regulaciones y castigos ante recapitalizaciones con dinero que va a ser lavado.
Executives from HSBC and its U.S. unit also are scheduled to testify about how the bank, after years of run-ins with U.S. authorities over alleged anti-money laundering lapses, has cleaned up its act since the OCC issued HSBC a consent order on money laundering in 2010. The hearing on Tuesday marks another chapter in the decade-long effort by regulators to rein in illegal money flows at HSBC. The Senate probe is one of a number of investigations HSBC is confronting. Two U.S. Attorney's offices have probed multiple lapses inside the bank, including the movements of bulk cash in transactions tied to Mexican foreign-exchange dealers, which are widely suspected of laundering drug-trafficking proceeds, according to documents reviewed by Reuters. - Bank regulators to face tough questions over HSBC money laundering
A "pervasively polluted" culture at HSBC Holdings Plc allowed the bank to act as financier to clients seeking to route shadowy funds from the world's most dangerous and secretive corners, including Mexico, Iran, the Cayman Islands, Saudi Arabia and Syria, according to a scathing U.S. Senate report issued on Monday. - U.S. report says HSBC handled Iran, drug money
Barclays: Está siendo investigado por presunta manipulación del Libor. Más transparencia y regulación del Libor es lo lógico. Para los que se preguntan qué es el Libor, pueden leer mi post ¿Qué son los préstamos interbancarios? ¿Qué son el Libor y el Euribor?
New York Attorney General Eric Schneiderman has launched a probe into possible manipulation of the Libor benchmark international lending rates by global banks, his spokesman said on Sunday. Schneiderman, along with Connecticut's Attorney General George Jepsen started the investigation six months ago into the possible rigging of Libor, the London interbank offered rate, New York Attorney General spokesman James Freedland told Reuters. Libor is compiled from estimates by big banks of how much they believe they have to pay to borrow from each other. It is used for $550 trillion of interest rate derivatives contracts and influences rates on many lending transactions, including mortgages, student loans and credit cards. - Two U.S. states probing banks over Libor manipulation
El Departamento de Justicia de EEUU está estudiando presentar cargos criminales contra varios grandes bancos y algunos de sus empleados por el escándalo de la manipulación del mercado interbancario Libor, publicó ayer el diario The New York Times. Según denuncian las autoridades, Barclays manipuló entre 2005 y 2009 sus estimaciones o bien para su beneficio económico o para dar una imagen de solvencia económica durante la crisis crediticia. El Libor es un tipo de referencia mundial que se fija diariamente en Londres a partir de las estimaciones de entre 8 y 20 bancos sobre cuál es el interés al que creen que sus competidores les prestarían dinero. - Castigo a bancos por manipular Libor
JPMorgan: Millonarias pérdidas, intento de ocultar pérdidas. De nuevo, más regulación para el que se quiere pasar de la raya.
Tres de los empleados en el centro de la polémica por las operaciones de derivados que ocasionaron a JPMorgan Chase unas pérdidas de 4.400 millones de dólares, entre ellos el "trader" francés conocido como la "ballena de Londres", han abandonado el banco, publica hoy el diario The Wall Street Journal. - Tres altos empleados dejan JPMorgan tras millonarias pérdidas, según diario
In a matter of days, the two-month-old criminal investigation into a $5.8 billion trading loss at JPMorgan Chase & Co. -- known as the "London Whale" blunder -- was transformed from dormant to potentially explosive. Last Thursday, the day before JPMorgan reported its highly anticipated second-quarter earnings, the bank informed U.S. authorities that an internal investigation had found evidence that three London traders may have tried to hide the losses in some of their positions, said people familiar with the matter. - JPMorgan disclosed possible misconduct to feds ahead of earnings
Citi Holdings: Recortes de gastos insuficientes para compensar caida de ingresos.
Citigroup is not cutting costs in Citi Holdings as fast as revenues are dropping -- operating expenses fell 25 percent but revenue tumbled 62 percent. - Citi second-quarter profit falls, old assets sting
Morgan Stanley: Pérdidas en primer trimestre y reducción de ingresos en el segundo.
Morgan Stanley swung to a profit in the second quarter, though revenue declined 24 percent due to a slowdown in trading and dealmaking. The investment bank reported earnings of $564 million, or 29 cents per share, compared with a loss of $558 million, or 38 cents per share, in the year-ago quarter. Morgan Stanley also lost money in the first quarter. - Morgan Stanley swings to second-quarter profit
Goldman Sachs: Caída de beneficios.
Goldman Sachs Group Inc's profit fell 12 percent in the second quarter due to losses on some equity investments and a slowdown in dealmaking activity. - Goldman earnings fall 12 percent
El resultado lógico es la ira de la gente, y la desconfianza de los inversionistas, y el clamor que pide que se imponga disciplina, como cuando se corrige a un niño malcriado.
A growing scandal surrounding manipulation of a key benchmark interest rate is feeding public anger towards banks, Richmond Federal Reserve bank President Jeffrey Lacker told Reuters in an interview on Friday. - Fed's Lacker: Libor scandal hurting confidence
It wasn't supposed to be like this. After the worst financial crisis since the Great Depression almost took the global economy over a cliff, tough new regulations and stronger internal controls at the world's major banks were meant to help restore confidence in the financial system. But recent headlines have some top investors and strategists questioning whether there has been any progress at all. - Analysis: Banks behave badly redux: Is it killing confidence?
They admitted that customers, clients, shareholders and regulators "all have a right to feel let down" after the bank was fined $450 million by U.S. and UK authorities for manipulating Libor interest rates. - Rivals' Libor woes to put Barclays in perspective: memo
This is a very tricky tightrope that JP Morgan is trying to walk here: it’s basically saying that its traders were acting fraudulently, but not so fraudulently that they were doing anything actually illegal. Essentially, it’s saying that the bank itself can’t be blamed for reporting marks outside the market’s bid-offer spread, but that the traders can and should be severely disciplined for choosing marks towards one extreme of that spread, even as they knew they couldn’t realistically get those prices if they needed to unwind their position. - JP Morgan: The clawback narratives
Y ni hablar de la mala conducta de los reguladores. Regalos de banqueros, prostitutas, visitas a sitios web eróticos, entre otras cosas. ¿Quién regula a los reguladores?
Investigators from the Treasury's Office of the Inspector General found that some of the regulator's employees surfed erotic websites, hired prostitutes and accepted gifts from bank execs, The Hill's Bob Cusack first reported. - SEX, PORN, BOOZE, AND GOLF WITH BANKERS: Investigation Reveals All Kinds Of Bad Behavior At Treasury Department
The title of most powerful unelected Briton now probably belongs to Mervyn King, the governor of the Bank of England. Witness the way he dispatched Barclays’ chief executive Bob Diamond two weeks ago in connection with the Libor rate-rigging scandal. Whoever succeeds King next year will have even greater powers. After all, responsibility for financial stability and banking supervision is about to be added to the central bank’s main task of running monetary policy. It’s vital for democracy that this authority is exercised effectively, transparently and fairly. - Who will watch the Bank of England?
¿Y qué van a hacer los banqueros centrales? En lugar de regular los bancos para poner en orden las cosas, pensarían en la posibilidad de eliminar el Libor. Es decir, el frío está en las cobijas, el problema de la falta de ética con el Libor es el Libor, no la falta de ética.
Central bankers and regulators will hold talks in September on whether the troubled global Libor interest rate can be reformed or whether it is so damaged that the benchmark of borrowing costs should be scrapped. - Central bankers eyeing whether Libor needs scrapping
La ética no se arregla ocultando los daños de la falta de ética.
La confianza en los bancos se recupera endureciendo la regulación por medio de la disciplina, no cediendo ante las exigencias de los bancos, ni la colusión de los reguladores corruptos. Los bancos son como niños que hacen rabieta cuando tratas de mandar sobre ellos. Si dejas que el niño te gobierne, él no tendrá la sabiduría para gobernar para el bien de toda la familia, sino sólo para satisfacer sus deseos. El poder es una facultad inherente al gobierno, no a los bancos.
Estudios efectuados sobre jóvenes pandilleros muestran que la inconsistencia en la educación recibida de sus padres causa sus conductas criminales y disfuncionales para la sociedad. En inglés, la palabra pandilla es gang, y de allí la palabra gangster, y luego la palabra bankster.
Reasons Youth Join Gangs:
Lack of parental involvement. They seek a sense of family structure, belonging, and discipline provided by the gang.
Lack of positive role models.
Family history of gang involvement.
Peer pressure/coercion.
Protection from rival gangs or other persons or groups who threaten or bully them.
Respect and recognition from peers.
Pride for their neighborhood.
Revenge
Boredom
Fuente: Understanding Gang Involvement
No hay que inventar el agua tibia para encontrar una solución sobre el tema de los bancos, sólo basta ver lo que se recomienda con los niños:
- Firmeza
- Rutinas claras
- Reglas
- Hablar sólo lo necesario
- Ignorar la rabietas
- Opciones limitadas para el niño
- Retiro de privilegios
- Estimular la autonomía (que no dependa de ayudas de ningún tipo)
- Dedicar tiempo de calidad para enderezar el arbol torcido
Fuente: 11 maneras efectivas de disciplinar a un niño
¿Qué debe hacer el que aplica la disciplina?
- Elige tus prioridades
- Prepárate para una larga lucha
- Escríbete recordatorios
- Busca una buena ocasión
Hay una cosa en la que los expertos en disciplina infantil sí están de acuerdo: La clave está en que seamos consistentes. "Si vas a cambiar una sola cosa en tu forma de disciplinar a tu hijo, elige el ser más consistente", dice Sal Severe, autor del libro - Siete trucos para disciplinar con consistencia
Los banqueros ya están un poco crecidos, como los pandilleros. ¿Cómo disuadirles de su actividad de pandillero/bankster? Hay que supervisarle, regularle todo su tiempo y su vida.
Tips To Deter Youth From Becoming Gang Involved:
Establish open communication.
Talk to them, not at them, and be an active listener.
Establish rules, stay consistent, and follow through with discipline.
Respond, don't react to negative behavior.
Praise and encourage positive behavior.
Spend time with them and doing family activities.
Encourage them to participate in extracurricular activities. Attend them.
Be a positive role model.
Limit their time alone or unsupervised.
Know their friends and their families.
Fuente: Understanding Gang Involvement
Sólo mediante la disciplina consistente corriges al arbol torcido. ¿Es tiempo de que mamá (partido político en el gobierno) discipline al niño malcriado o al joven pandillero bancario, y cese de ceder a los chantajes emocionales y empujones físicos, o papá (ciudadano) tendrá que hacerlo?
