July 18th, 2012

The “Serious Questions to Answer” Game

The Labour shadow Treasury team are having some fun this morning throwing Osborne’s words back at him. Haughty Balls wannabe Chris Leslie has gone on the attack declaring: “Stephen Green has serious questions to answer over investigations into HSBC”. That turn of phrase sounds rather familiar…

Trade Minister Stephen Green was at HSBC while they were letting terrorists and international criminals use their banking services. Though revenge is being sought for Osborne’s Balls/Libor row, it’s not looking good for the BIS envoy.

If the truth and reconciliation game is going to continue though, Leslie might like to have a chat with his more talented and better placed shadow Treasury colleague Rachel Reeves. Reeves was a “business planner” at HBOS between 2006 and 2009. Right at the time when HBOS, as a business, was planning and undertaking their ill-fated £12bn merger with Lloyds TSB.

What did their bonus-earning “business planner” know about this disastrous deal?

What part did she play in ignoring the warnings?

Reeves has serious questions to answer…


  1. 1
    Not the BBC says:

    Reid and Condon involved in G4S reeves at HBOS …

    anyone else spotting a pattern?

  2. 2
    Owain Glyndwr says:

    Lets face it reeves was out of her brain on prescription meds most of the time

  3. 3
    concrete pump says:

    ‘Business planner’ is a bit ambiguous. I get the general gist, but what was she responsible for exactly?

    I’d look it up myself but there are clever people here and my finger hurts…

  4. 4
    Drone says:

    The problem with Rachel Reeves is that it doesn’t matter what she says, whether good or bad, as soon as she starts talking, her robotic monotone drone makes you lose the will to live.

  5. 5
    Disgruntled Sheffielder says:

    Yep and it ain’t Fair Isle

  6. 6
  7. 7
    Gordon Brown says:

    I did not have sexual relations with that man, comcrete pump

  8. 8
    Anonymous says:

    A member of the Labour Party, must be inherently thick.

  9. 9
    Steve Miliband says:

    Lord Green link to money laundering a bit tenuous at best. Labour, Liebour, Libor has a bit to go yet one senses

  10. 10
    the liblabcons are all in it together says:

    You don’t have to be a criminal to get a bank job.

    Full training provided.

  11. 11
    Trinny says:

    Holy crap. I once withdrew some cash from a cashpoint outside an HSBC. I might have inadvertently laundered some drug money. I must have serious questions to answer.

  12. 12
    Call me Dave says:

    There I’ve said it

  13. 13
    Ed Balls says:

    I think three or four years ago, people would have said my biggest weakness was that sometimes I was awkward on television, with my stammer, but I think they’d say that much less now.

  14. 14
    harryg says:

    cant be bothered to watch. who wins?

  15. 15
    Marco the magnificent says:

    Somebody who worked for HBOS should be congratulated for successfully hiding the scale of their bad debt exposure. On the other hand, whoever was supposed to be doing due diligence for Lloyds at the time of the merger should be shot.

  16. 16
    Desperate Dan says:

    When is the Treasury Select Committee going to give a mauling to Balls, Miliband Vadera, Brown and O’Donnell? Is a dead cert that they’ll say: “I’ve never heard of Libor”, “No-one told us anything”, “I can’t remember if we’ve ever met Mervyn King” “What is a bank?”.

  17. 17
    Quisling says:

    A more important question is – Who cares?

  18. 18
    Father Paul Stone says:

    This woman makes me sound exciting.

  19. 19
    RichTea says:

    Polly Toynbee – Companies House Records

    Director – Brighton Dome And Festival Ltd

    Number of companies in which a current directorship is held: 2
    Birth date: 27/12/1946
    Nationality: United Kingdom

  20. 20
    Nullbymouth says:

    Is he a chugger?

  21. 21
    RichTea says:

    thats her home address BYW!

  22. 22
  23. 23
    Anon Spokesperson says:

    Of course not ………they are both on the Square….funny handshakes…..rolled up

    trousers……leather aprons

    There will be no media interest what so ever……they look after there own……

  24. 24
    John Prescott was standing off-camera in his y-fronts says:

  25. 25
    Ricky Ricardo, descendant of David says:

    Rachel, joo gah some ethplainin’ to do!

  26. 26
    Gonk says:

    It doesn’t produce the “Balls” start a small regional war effect.
    But it does induce a certain self harm.

  27. 27
    Steve "shagger" Norris says:

    Rachel Reeves?…I would!

  28. 28
    RichTea says:

    Oh and such a good directyor and knows how to run a business
    Profits -£527,000 (2011), -£840,000 (2010) and -£8.3 million (2009)!

    what a brilliant business woman!

  29. 29
    Penfold says:

    So, was Green at HSBC’s subs in USA, Cayman Islands and Mexico, which are at the heart of the enquiries? Was he running the compliance, AML and KYC projects there? or in overall charge of those measures at H.Q.?


    Thought so, just another smear put out by the left, a tactic that they have plenty of previous for.

  30. 30
    ToonBob... says:

    Ms Reeves is such a Silly Billy !!

  31. 31
    grumpyoldmanuk says:


  32. 32
    Anon Voter says:

    Yes but her main address is the Palace in Tuscany, that way she can claim a lot
    more in expenses & may explain why Guardianista is losing the cost of 840 BBC TV Licences per day……….

  33. 33
    Boycie says:


  34. 34
    Loungelizard says:

    O’Donnell strikes me as being a total sleazeball, haul him before a court and force a few honest answers from him on a number of Labour’s cover ups.

  35. 35
    Penfold says:

    Was she part of Peter Cummings team, (HBOS’s former head of corporate lending).

    If so, she needs to be charged with reckless criminal enterprise leading to the loss of significant monies for bank shareholders in HBOS and Lloyds.

    If not, she needs to be shtumn, as having HBOS on your CV is not liable to add value to any pronouncement.

  36. 36
    idle says:

    There was no ‘planning’ for a merger with Lloyds. Up until late 2008, all HBOS did was continue to play russian roulette with their wholesale markets funding model, testing it unto destruction. Then Gaygordon, having realised that he saved the wrong bank when he took over Norther Wreck, did his famous arm-twisting trick with the clueless Victor Blank, who did about as much planning for the hasty merger with HBOS as I do with my Grand National bets.

  37. 37
    Double Tap says:

    Chris Leslie – was’nt he the one behind the postal voting scam in the last government? Anyone remember that?

  38. 38
  39. 39
  40. 40

    What ith a bank! Don’t be thilly DD – what ith a PRINTHIPAL? What ith an MP’th duty to the eletowate? Now they would be unantherable quethtionth!

  41. 41

    She has that lovely Swanley twang about her prattling.

  42. 42
    Mr Hasan says:

  43. 43

    They get extra points for that in the Labour Party … oh, as well as the extra votes.

  44. 44
    TPTB says:

    Don’t me an English schmuck. She’s kosher. She’s fireproof. Now jog on, anglo useless eater.

  45. 45
    Anonymous says:

    Adenoidal bitch.

  46. 46

    No. I can’t be arsed to watch it either.

    Whoever wins, we always lose.

  47. 47
    Woodie says:

    he is bitter isn’t he?

  48. 48

    Oy vey! Will no one think of the poor bankers!

  49. 49
    Cattle says:


  50. 50
    Gordoom Brown says:

    ..I’m writing all those down. This is get out of jail gold. Which reminds me. I never heard of gold either. Some sort of paint is it?

  51. 51

    I think it was like a bonding session that they would do.

    Let’s face it. The outcome was so fantastically humongously and devastatingly ghastly that even the most meticulous planning for that eventuality would not have got even close.

  52. 52
    Nullbymouth says:

    What a schmuck

  53. 53
    Gordoom Brown says:

    Hounded out.
    I know how that feels.

    Made me sad. Sad and furious. And a little bit sleepy.

  54. 54
    concrete pump says:

    Worried too…

  55. 55
    Stable lad says:

    I’m not that up on matters equine, is she still classed as a filly or a mare?

  56. 56
    British Wanker Bankers Spokesperson says:

    We would like to advise The South Koreans Financial Regulator has launched an official investigation into interest rate fixing of their CD’s Certificates of Deposit after a complaint was made by Mr Kim Yong Very Ill from the North

    We hope this will dispel the Left Wing Biased News Reporting that we are doing
    fcuk all to help export the UK out of this long reccession, which started in May 1997 & went on until May 2010.

    We’ve been celebrating for the last 2+ years & hope to return to the office at some point in the future once we have sobered up & got over our hang over.

    We will of course keep up updated on other BWB scams as when they are discovered by our regulator (friends) around the world.

  57. 57
    Knackers Yard says:

    Ill give you a fiver

  58. 58
    Gonk says:

    I wonder what his nickname was at school ?
    Merd, turd, or the more obvious shit bum

  59. 59
    Anonymous says:

    “Business Planner” sounds like a bit of a non-job.

    I can’t imagine she was important enough to be implicated in the activities that made HBOS go bust.

  60. 60
    skippy says:

    What fucken brain? she has the Labour parasite sitting where her brain should be, prolly caught it off some student activist whilst in school.

  61. 61
    Fish says:

    Looks like Liebour are going for the leaders of the Banks that Brown was unable to nationalise.

  62. 62
    Woodie says:

    agreed, the piece should be amended, as the truth of what happened in the Sir Hornby inspired “retail” world of HBOS is a lot worse.

    “we have to get lending going again ” what just like in 2005 and 2006 who are you kidding?

  63. 63
    Gordon Fcuking.McMental says:

    Your wrong they did not go bust, they just ran a little low on financial stimulus instruments, as Ed Bollox & I had to share just one counting beads board which was the direct result of those terrible Thatchers cuts in ’79 & all confirmed by our broadcasting arm aka BBC

    And don’t forget I should know I was at the Centre of all this Balls Up well just to the Left…………but Ed Bollox was mostly to blame for my decisions like when I announced before hand when I was going (giveaway) a large part of the UK Gold Reserves plus the date & this alone really has enriched Gold Market Traders beyond there wildest dreams.

    although now for some reason most people wish I was’nt at the Treasury at all …….can’t think why not….I was the best Chancellor there ever was having abolished boom but not the totally BUST side for generations to come!!!

    Let me say yet again it was really all Sue’s fault she told me Ed Bollox has one very sharp grey cell which he uses to accelerate his Blink Rate Per minute, this proves his grasp over all things money wise according to her.

    But Sue really proved to be just an active promoter of Bigots only……

  64. 64
    Ed Balls (Music Hall Comedian) says:

    The poor man’s Caroline Flint!

  65. 65
    Music Hall Comedian says:

    No offence mate but I prefer the title for Ed Balls as more of a “Music Hall Joke”
    Can you help me out on this one?

  66. 66
    Forkbender says:

    Mesage to LibLabConUkip parties do not employ ex senior bank officials or you might get more than you bargained for

  67. 67
    Baron Hogwash says:

    So Reevsy got into parliament after screwing up lloylds with the help of Gordon.

    And she knows nothing about libor rates, nor does Gordon, nor does Ballsy, Ned, Tucker and Merv ….

  68. 68
    New Town Toff, Edinburgh says:

    Yep, shaggable…………but thick as mince.

  69. 69
    Cool Story Bro says:

    This blog is now shamelessly pro-Tory. A shame.

  70. 70
    David says:

    Guido is way behind in this one as I posted comments about the inept performances of both the Labour and Conservative Treasury spokesmen both women both promoted way above their pay grade. The Labour one Reeves who worked as nothing useful prior to be a MP was employed as a business advisor by HBOS during the period when the bank was ripping people off for billions. Should she stay or should she go …. How she can stay in office with this in the public domain beggars belief

  71. 71
    Anonymous says:

    Nnnnnoo ththththey woulddddntttt.

  72. 72
    Anonymous says:

    This needs to be publicised at every opportunity.

  73. 73
    Frightened Inmate #2 says:

    For goodness sake Guido she was hardly at board level or, I suspect, anything close to it.

  74. 74
    Must get a pseudonym one day says:

    Rachel Reeves may indeed be more talented and better placed than Chris Leslie (not difficult), but which one of them is more woman ?

    Tricky call that.

  75. 75
    Anthony Blanche says:

    She should be sent to an Inquisition all of her own! What is a ‘business planner’ is it like a ‘party planner’? Your elite are so blatant in their contempt for you they have over the last 25 years created a little cosy world of the media/banks/politics that only they, their friends and family can gain access to. All three parties are really interchangable you are just left with a little show election every few years but no change really takes place. As an old degenerate Dago retunring to your once lovely land I can see the changes more clearly than you might. But I would have thought that the Cromwellian spirit would have movtivated a few by now to actually DO something.

    All elites are corrupt and arrogant, but this is usually tempered by a fear of the masses and their abilitiy to actually be a functioning ellite. There should also be a mechanism for your lower middle class to rise into the elite. It seems to me your elite has no fear, cannot function and has setout to destroy the lower middle class. Yet they still rule you!

    As I say I’ve been away for over 30 years so perhaps you like it this way? I’ve been attending some Tory party socials recently (they do like an old Dago like me with money) but to be frank I’m not inclined to give them any they re such greedy people! And so stupid!

    Still your countryside is still wonderful and the few villages that you have not packed with Online Marketing and Event Directors still worth seeing. I shall be visiting your two great Universities before I leave ( I had the honour to be sent down from both), to see if they are still populated with dirty old men and untrustworthy undergraduates!

  76. 76
    sue bigot says:

    absolutely right ‘arry. face like a fuckin’ moose, voice like a blocked drain, i mean only a complete arsh-hole joins the ladybore party anyway…

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