Bryan Hall

No idea how this account was created after I got a new phone. Musk was right about something.

[stephen middleton @stevemiddi1]

For anyone going to the Lord Sikka event on the Abuse of Insolvency tonight please see @BankConfidenti1 latest report on our the concerns over this. Kindly commented on by @johnmcdonnellMP @premnsikka @TransparencyTF @ianhtyler @MLorrM @BomberMorgan @EmilyBuchanan1 @mickmor16921994 @CarshaltonArt @efgbricklayer @james_glanville and others.

For anyone who has been affected by abuse from Insolvency Practitioners, LPA Receivers, Bankruptcy Trustees etc. you may find the cases and evidence interesting.
@RNBlake @labourlewis @andyburnham @NeilForPoole @IanByrneMP @jameshurley @andyverity @Ian_Fraser @Bloomgate
@janea216 @hungrybankrupt @Bloomgate @ArturNadol7566 @PropertyJedi @AlliMiddleton1

https://t.co/pdGPOZiEAX

[Bryan Hall @BryanHa21994160]

This is important especially if you run SME and want a loan, but it's also Important for every investor

[Transparency Task Force @TransparencyTF]

There is a STUNNINGLY SIGNIFICANT article in @thetimes today by their great Assistant Business Editor @jameshurley that makes reference to banking and derivatives expert Ian Tyler, @johnmcdonnellMP (leader of @appgonifandffs) and @IanByrneMP (leader of the @NowHillsborough campaign in Parliament.)

Why is @jameshurley's article so STUNNINGLY SIGNIFICANT?

Because it explains that City veteran Ian Tyler, one the country's top banking and derivatives experts, alleges that swaps came with undisclosed "hidden credit lines" - essentially large, undisclosed liabilities registered against borrowers that damaged businesses' credit ratings, caused breaches of loan covenants, and in many cases drove companies into insolvency.

You can think of them as being a bit like having a mortgage that you were never told you had - shocking I know, but true.

Ian Tyler states that hidden credit liabilities and their catastrophic consequences to thousands of UK SMEs (whereby as well as many businesses, livelihoods, and homes being lost there have also been suicides) were excluded from the compensation scheme to save banks billions, and that for over a year, he has been trying to get @TheFCA to give straight answers to straight questions about the scandal.

Ian Tyler rightly argues that if @TheFCA gave honest answers it would expose serious flaws in the regulator's position.

The article also goes on to explain that a cross-party group of MPs led by @johnmcdonnellMP is calling for a judge-led inquiry.

To my mind only those that don't want the full truth to get out into the open would prevent an inquiry happening. Otherwise why would they not want one?

The article ends by explaining that the Government (led by @Keir_Starmer at @10DowningStreet) has rejected the request for an inquiry. That rejection was delivered by City Minister @LucyRigby at the conclusion of a debate in @UKParliament that you can watch in full here:
https://t.co/SDVq8FHbIh.

During the debate @IanByrneMP likens this banking misconduct and regulatory failure scandal to the cover ups to do with the @NowHillsborough disaster and the #PostOffice #scandal.

I think he is spot on for doing exactly that because this scandal reeks of exactly the same kind of cover up as Hillsborough, Post Office, Contaminated Blood, Grenfell and so on.

Who thinks the UK Government led by @Keir_Starmer at @10DowningStreet should change his mind and give the victims of this scandal the inquiry they are calling for?

I certainly do, because "sunlight is the best disinfectant" and it seems there is a great deal of disinfecting to be done now that we know as explained in @jameshurley's excellent article THAT @TheFCA HAS EVEN REFUSED TO ANSWER IAN TYLER'S QUESTIONS DIRECTLY WHEN APPROACHED BY @thetimes!

Why is @TheFCA not answering those questions???

The STUNNINGLY SIGNIFICANT article is here: https://t.co/x7Au8RK04G

And there is also an archive version of it that I have found here: https://t.co/9INK7OGUKd

All the MPs who spoke up at/supported the debate about this banking and regulatory failure scandal should be applauded for doing so.

They are:

@johnmcdonnellMP
@IanByrneMP
@JimShannonMP
@NeilForPoole
@LibDemDavid
@BambosMP
@JoeMorrisMP
@AndyMcDonaldMP
@Steffanaquarone
@mpsusanmurray

And I suspect there will be many more MPs speaking up for the victims of similar banking/financial misconduct and catastrophic regulatory failure scandals in future debates.

If you want to understand all about this then watch the debate and read the incredibly informative report by @BankConfidenti1 that you can get to here: https://t.co/AJP9JVk9fD

And thank you for taking time to read my Tweet!

[Bryan Hall @BryanHa21994160]

@TransparencyTF @thetimes @jameshurley @johnmcdonnellMP @appgonifandffs @IanByrneMP @NowHillsborough If @TheFCA worked for consumers and SMEs this wouldn't be news but they work to keep the FSCS payments for compensation down. This has to stop, which is why a judicial review is needed. Watch the debate and you'll see why.

[Transparency Task Force @TransparencyTF]

It's fantastic that Parliament News [@ParlMagazine] has picked up on the importance of the debate that @johnmcdonnellMP led in Parliament last week on "Hidden Credit Liabilities and the Role of @TheFCA;" and that John has articulated in such a clear and compelling way what now needs to happen, and why.

For me personally, this is the most powerful part of John's commentry....

The Path Forward
The forthcoming meeting with City Minister Lucy Rigby [@LucyRigby] offers an opportunity to place evidence directly before Government. It should be approached in good faith – but good faith is not enough. What matters is whether the Government will accept the constitutional implications of what Parliament has now heard and is on the record, act correctly, in keeping with the Seven Principles of Public Life.

...but every word is well worth reading.

You can get to the full article through the link below.

- What do you think about what @johnmcdonnellMP states?

- What do you think @LucyRigby should do?

https://t.co/gmzuOEI61Y

@Steffanaquarone @IanByrneMP @AndyMcDonaldMP @JoeMorrisMP @BambosMP @LibDemDavid @NeilForPoole @JimShannonMP
@alexsobel @amcarmichaelMP @natalieben @SharonBowlesUK @BaronessKramer @becky_gittins @BobBlackman @CliveJonesMP @labourlewis @libdemdaisy @danny__kruger @helenmorganmp @LordJohnMann @premnsikka @BlaenauGwentMP @RuthNewportWest @SarahCoombesWB @SarahGreenLD @sarahjolney1 @Siobhain_Mc @SuellaBraverman @mpsusanmurray @ToniaAntoniazzi

[Bryan Hall @BryanHa21994160]

@TransparencyTF @ParlMagazine @johnmcdonnellMP @TheFCA Great work by the APPG and by John McDonnell. City Minister @LucyRigby should digest the report and get the government to take action. If nothing changes we will continue to have more financial scandals costing consumers/savers/investors large losses and damaging UK reputation

[Bryan Hall @BryanHa21994160]

FCA needs to protect consumers instead of protecting financial institutions

[Transparency Task Force @TransparencyTF]

🗞️ FCA failed to investigate ‘credible’ evidence of fraud, claims APPG 👇

https://t.co/9yZSmBuLjC

[Transparency Task Force @TransparencyTF]

🗞️ MPs demand FCA inquiry over hidden credit liabilities claims 👇

https://t.co/9quf4oB6D7

@mmtouray
@_moneymarketing

[Bryan Hall @BryanHa21994160]

This is really shocking. SMEs treated terribly. SMEs do not understand derivatives, they understand their businesses and want loans that have straightforward terms. The FCA is wrong and is colluding with banks to reduce compensation. This has to stop

[Transparency Task Force @TransparencyTF]

We are very grateful to @NeilForPoole for contributing so helpfully and impressively to the debate on "Hidden Credit Liabilities and the role of @TheFCA" that took place in Parliament yesterday.

You can watch Neil’s speech here:
https://t.co/uvT7egHURg

You can watch the debate in full here:
https://t.co/spPmqzLxrm

And there is a detailed report about the issues raised by the bank staff whistleblower service @BankConfidenti1 here: https://t.co/AJP9JVk9fD

[Transparency Task Force @TransparencyTF]

We are very grateful to @AndyMcDonaldMP for contributing so impressively to the debate on "Hidden Credit Liabilities and the role of @TheFCA" that took place in Parliament yesterday.

You can watch Andy’s speech here: https://t.co/YNA2OsN7wc

You can watch the debate in full here:
https://t.co/spPmqzLxrm

And there is an excellent report about the issues covered in the debate by the bank staff whistleblower service @BankConfidenti1 here: https://t.co/AJP9JVk9fD

[Ark Pension Scandal @ArkScandal]

#NotTaxAvoiders #HMRC

[Bryan Hall @BryanHa21994160]

@TransparencyTF Thanks for these links! Watch these especially if you run an SME and need a loan. Avoid anything you don't understand!

[Bryan Hall @BryanHa21994160]

Well worth watching these to understand whats wrong with our finance sector. And if you are an SME owner - what to watch out for and how you should avoid any loan which offers anything you don't understand, like derivatives, linked to your loan.

[Transparency Task Force @TransparencyTF]

Hi all, if you want to understand what the term "RIPPING SOMEONE'S FACE OFF" means and why it is hyper relevant to the debate in Parliament on Tuesday morning, watch Episode 4 of "Money, Wall Street and Power" which is available for you free to see on You Tube.

Here are some extracts:

"...traders are incentivised to get the deals done even if it's at the customer's expense. It was phrased 'RIPPING SOMEONES FACE OFF that was used on the trading floor to describe when you sold something to a client who didn't understand it and you were able to extract a massive fee because they didn't understand it and the idea was that this was a good thing because what you were doing was making more money for the bank...

...to maximise profits banks want to do business where there is less regulation...

...beginning in the 90s many American banks found London...

...the key risk taking activities were in London - they were outside the purview of American regulators - hundreds of young bankers moved here from Wall Street to pursue careers in derivative trading as the economy boomed...

...teams of investment bankers hit the road; they are called investment bankers but they were effectively salesman - their job is to go out and sell the stuff that bank is creating just in the same way a pharmaceuticals company would have a very large salesforce who go around selling their latest version of whatever the particular drug of the moment is...

...the bankers will find the type of client that doesn't understand the product in order to sell the product that the client shouldn't be buying..."

Episode 4 is available for you here:
https://t.co/TyBIWYVVNG

But if you have time to watch them before 9:30am on Tuesday 14th April, I'd suggest watching all four episodes, particularly episode 1 because it does a great job of explaining the history and development of derivatives and how they were used by banks as 'weaponised opacity' (my phrase); and episode 4 because it explains what was going on in the UK that led banks to want to sell what was in effect financial poison disguised as wine to their business owner customers.

Here they all are in order:

Episode 1: https://t.co/dnHWvhyJSj
Episode 2: https://t.co/QWSac7GwZm
Episode 3: https://t.co/RI3ECaE4bN
Episode 4: https://t.co/TyBIWYVVNG

All in all, this excellent documentary series does a great job of explaining the underlying incentives and regulatory dynamic that has been at play, in particular it helps explain:

1) What banks in the UK did (cheat and steal)
2) Who they did it to (owners of SMEs)
3) Why they did it (money)

Please do watch this remarkably informative and highly relevant documentary series and share what you think.

All the details needed for Tuesday morning's debate in Parliament being led by @johnmcdonnellMP are available for you at Item 1 in this week's Transparency Times, see here: https://t.co/pApan2AO6T

[Bryan Hall @BryanHa21994160]

This is really important to all UK savers and investors as doing nothing is not an option otherwise we will all lose out.

[Transparency Task Force @TransparencyTF]

Ahead of Tuesday's groundbreaking debate being led by @johnmcdonnellMP, Chair of @appgonifandffs, there is an excellent opportunity to fully understand the underlying issues at the heart of the scandal that Tuesday's debate on "Hidden Credit Liabilities and the Role of @TheFCA" will help to expose.

Put simply, you should invest the time to properly read the report by @BankConfidenti1 because it provides a highly detailed and very well researched body of evidence that tells you all you need to know about:

1) What the banks did (cheat their business owner customers and then steal from them)
2) Why they did it (money)
3) Who they did to to (SMEs, the backbone of the UK economy)

To my mind, it's completely unsurprising that growth in the UK economy has flatlined for decades, because we have a whole generation of business owners who no longer have the thriving businesses they once owned, and know the banks can't be trusted.

And in many ways, even worse than the conduct of the banks has been the conduct of @TheFCA (and before it the FSA). In short, the conduct regulators have responded to evidence of serious fraud with what could most politely be described as 'wilful blindness' - so much so that all these years later the innocent victims have still not had the justice and redress they deserve.

As a result, many entrepreneurs have lost their livelihoods, businesses, homes, wellbeing and in some particularly sad cases they have even lost the will to live - literally.

If you doubt anything I am stating go ahead and read the @BankConfidenti1 report, it is available for you here: https://t.co/AJP9JVk9fD

Please do invest the time to study that report ahead of the debate on Tuesday 14th January at 9:30AM; be that in person in the public gallery of Westminster Hall (I'll see you there) or through Parliament TV.

Best wishes to all the MPs speaking up for their harmed constituents.

And best wishes too to all who have helped to bring about the debate - it's been a significant step forward toward justice.

The big question now of course is whether the responding Minister (quite possibly @LucyRigby, MP for Northampton North and the Economic Secretary to @hmtreasury) decides to protect the banks and the regulator, or the citizens they have harmed.

For a quick overview of what's at stake watch this: https://t.co/L6OeWDej6R

[Ark Pension Scandal @ArkScandal]

#NotTaxAvoiders #HMRC

[Bryan Hall @BryanHa21994160]

This is important if you care about any money you invest in the UK through the financial institutions in the UK. How can it take 9+ years for a report to be published. When it finally is published it needs to ge full and unredacted. Otherwise it'll be a cover up

[Transparency Task Force @TransparencyTF]

IMPORTANT! PLEASE WATCH THIS!

The clip below takes you to an important interaction in the @UKHouseofLords just now, where Lord @premnsikka rightly expresses his frustration at how unacceptably long it is taking for the Dobbs Review into @LloydsBank's handling of the HBOS scandal to be published; and his understandable concerns that when it is finally published it may be heavily redacted.

Fortunately, several other Peers express support for his sentiments including Baroness Kramer @BaronessKramer and Baroness Neville-Rolfe - @LNevilleRolfe, Lord Tyrie, Lord Davies of Brixton and others.

What do you think of the points they all raised?

Would publishing a redacted version be a cover up?

What do you think of the responses given by Financial Secretary to the Treasury, Lord Livermore @SpenceLivermore ?

And what do you think of the conduct of @LloydsBank and @TheFCA in relation to this whole scandal?

Also, thank goodness for the incredible work of @StansfeldPCC and his colleagues without whom the bad bankers would not have been prosecuted.

HERE'S THE CLIP TO WATCH: https://t.co/262YyNy8d8

@TransparencyTF has also been speaking out abut this issue. Please see our letter to @Meg_HillierMP, Chair of @CommonsTreasury here https://t.co/IgMbQzIHA8 and the response we received from Dame Meg here https://t.co/P1ZQk7Vkag

@johnmcdonnellMP @SharonBowlesUK @LordKirkhope @LordJohnMann @SarahLudford @natalieben @simon_haskel @BankConfidenti1 @Carlier_J87 @appgonifandffs @IFSAPPG @taxinparliament @APPGpensionscam @APPGMortgage @IFSAPPG @kevinhollinrake @vincecable @jameshurley @AndyMcDonaldMP @IanByrneMP @ianhtyler @andyverity @EmilyBuchanan1

[Bryan Hall @BryanHa21994160]

This is very important as hundreds of thousands of savers/investors/consumers inculing me, have lost £millions over the years and the regulator has been asleep and favours the institutions that pay a levy rather than protecting the individuals who have lost money.

[stephen middleton @stevemiddi1]

⁦@johnmcdonnellMP⁩ application resulted in Westminster Hall Debate 9:30 Tuesday 14 April on “Hidden Credit Lines & the Role of ⁦@TheFCA⁩ “ supported by ⁦@amcarmichaelMP⁩ ⁦@premnsikka⁩ ⁦@appgonifandffs⁩ - will ⁦@TheFCA⁩ cover up now be exposed?

[Bryan Hall @BryanHa21994160]

This is really important! Hundreds of thousands of consumers have been affected and their pensions and other investments have been massively reduced as a result of decisions by the FCA and others. The FCA looks after the institutions not the consumer - this has to change

[Transparency Task Force @TransparencyTF]

It's great to see that OVER A MILLION PEOPLE are interested in the great speech by @johnmcdonnellMP seeking a debate on "Hidden Credit Lines and the Role of @TheFCA." This is clearly a HUGE PUBLIC INTEREST ISSUE. A huge well done to all involved, particularly @stevemiddi1 and his colleagues at @BankConfidenti1. If you want to know why this debate (which thankfully @BobBlackman's @CommonsBBCom approved) is so important see this report, and note the powerful and righteous endorsement by the superb @normanlamb: https://t.co/AJP9JVk9fD. If you want to know about upcoming free-to-attend meetings in @UKParliament and elsewhere (including online) about all this please make contact through https://t.co/cSqXhlcNBl. . To my mind the upcoming debate deserves all the support it can get from inside and outside Parliament. @DaviesofBrixton; @amcarmichaelMP; @BlaenauGwentMP; @LordJohnMann; @JimShannonMP; @labourlewis; @premnsikka

[Bryan Hall @BryanHa21994160]

@TransparencyTF @johnmcdonnellMP @TheFCA @stevemiddi1 This is really important! Hundreds of thousands of consumers have been affected and their pensions and other investments have been massively reduced as a result of decisions by the FCA and others. The FCA looks after the institutions not the consumer - this has to change

[stephen middleton @stevemiddi1]

@BankConfidenti1 @appgonifandffs @MLorrM @andyverity @Ian_Fraser @nw_nicholas @elonmusk @efgbricklayer @jameshurley @premnsikka @CarshaltonArt @TransparencyTF @firstkeano Not just hidden credit lines, we prove that @bankofengland Execs, @theFCA had evidence of criminality and intentional destruction & asset theft @NatWestGroup in 2017 before stating the opposite in the press @jamehurley @andyverity @appgonifandffs

[CALL TO ACTIVISM @CalltoActivism]

A Trump supporter was seated next to an older woman on an airplane and he turned to her and said, “Do you want to talk? Flights go quicker if you strike up a conversation with your fellow passenger.”

The old woman, who had just started to read her book, replied to the total stranger:

“What would you want to talk about?”

“Oh, I don’t know,” said the man. “How about how they stole the election in 2020 and Donald Trump should be president.”

“Okay,” she said. “Those could be interesting topics but let me ask you a question first. A horse, a cow, and a deer all eat the same stuff – grass. Yet a deer excretes little pellets, while a cow turns out a flat patty, but a horse produces clumps. Why do you suppose that is?”

The man, visibly surprised by the old woman’s, thinks about it and says, “Hmmm, I have no idea.”

To which the old woman replies, “Do you really feel qualified to discuss politics, when you don’t know shit?”