

Banking Action Network
369 posts

@BankReformUK
A unified voice and catalyst for banking and regulatory reform, restitution and justice. Exposing misconduct, malfeasance, collusion and criminality.




key findings from our @BBCPanorama Trapped By My Mortgage included a letter sent to Lord McFall by UKAR reassuring him Cerberus would offer new deals to customers, which the vulture fund then wriggled out of.. after the sale was complete.




@CarshaltonArt @efgbricklayer @Ian_Fraser @jameshurley @CYBGHungrStrike @smepathfinder @stevemiddi1 @Carlier_J87 @premnsikka @Nat_Worst @CB69513469 @christo52811409 @janea216 @KeeleyJoan @mayseggs @cjayanetti @Julia04352962 Just think about this, Alexandra Marks was a partner at Linklaters who were involved in Cerberus assignments,Addleshaw Goddard represent Cerberus in Promontoria enforcement,Addleshaw are paid advisors to the banks re BBRS whos costs are paid outside the service undisclosed,why?

![[mine] Art Gallery](https://pbs.twimg.com/profile_images/1140042229958041601/sb9QfHv3.jpg)






Scheme set up to provide compensation to victims of banking scandals has cost more than £23 million to establish, but is yet to issue a penny in redress to small business owners - (Another) cracking tale from @jameshurley thetimes.co.uk/article/small-…



![[mine] Art Gallery](https://pbs.twimg.com/profile_images/1140042229958041601/sb9QfHv3.jpg)

"If BBRS fulfils requirement to provide justice & fair compensation to SMEs, it will be money well spent. However, if it transpires banks are using the scheme as an expensive exercise in damage limitation, we'll be the first to call for a replacement" thetimes.co.uk/article/new-23…


@BBRSIneligible @TheBBRS @SamanthaBarrass @shandsmith @jameshurley @rachelwolcott @LindseyRogerson Is it true 98% of the complaints are ineligible?

#cerberus three headed dog that sits at the entrance of the gates of hell and stops the dead from leaving, they certainly chose the right name for their criminal outfit!