Seumas Gallacher Uncovers the Global Financial Markets “Con Trick”

Mac Logan and I see eye to eye on the mess the WURLD’s financiers have landed us in…

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Good for the Soul?

Seumas Gallagher This is a guest post by best selling author Seumas Gallacher. He’s worth a read. Click on the photos for a link to his site.

Let me ’fess up, right out of the blocks, I worked in the finance and banking industry for the major part of my professional career. I’m aware I may sound like a ‘bleeding deacon’ with some of my ensuing comments, but who cares… I’ll tell it as I feel it and see it.

Outrageous

My view of the global banking industry over the past ten to fifteen years moved from simple embarrassment to downright outrage. In the early 1960s when I entered a Scottish bank as an apprentice bank clerk, things were radically different: getting a personal loan of ten pounds sterling entailed a whole series of tough questions about the ability to pay back. Yet when money was deposited to any…

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