Why not set up our own bank?  I'm sure we have the mathematical ability.

On 21 October 2013 11:41, Jeff Evans <[log in to unmask]> wrote:
> Peter Latarche's original message made me wonder what we "should" have been doing, as individual and as institutional (Radstats, etc.) customers, if the Coop had "mobilised us", earlier.
>
> For example, should we be pressing the Coop to resist the hedge funds' demands for equity? Could the Bank do so?
> Jeff Evans
> -----Original Message-----
> From: email list for Radical Statistics [mailto:[log in to unmask]] On Behalf Of BYRNE D.S.
> Sent: 21 October 2013 11:25
> To: [log in to unmask]
> Subject: Re: An impending statistic
>
> Could be if it can manage it but as to beating up the hedge funds the big money will be the Labour local authorities which bank with the co-op.
>
> David Byrne
>
> ________________________________________
> From: email list for Radical Statistics [[log in to unmask]] on behalf of Wells, Julian [[log in to unmask]]
> Sent: 21 October 2013 11:22
> To: [log in to unmask]
> Subject: Re: An impending statistic
>
> Unity Trust Bank? (http://www.unity.co.uk/)
>
> Julian
>
> -----Original Message-----
> From: email list for Radical Statistics [mailto:[log in to unmask]] On Behalf Of Paul Bivand
> Sent: 21 October 2013 11:29
> To: [log in to unmask]
> Subject: Re: [RADSTATS] An impending statistic
>
> This sounds like someone should write a Guardian Comment is Free piece.
>
> Given that most 'ethical' customers will be Guardian readers.
>
> Gently pointing out to the hedge funds that the ethical customer base (which may produce largish balances) would disappear from a hedge fund bank to any other bank:
>
> Leaving them with the bad debts from Britannia.
>
> I presume the trade unions are in the same boat about reconsidering their use of the Co-op Bank given impending changes.
>
> Paul
>
> ---------------------------------------------------------
> Paul Bivand
> Associate Director of Analysis and Statistics Direct Line: 020 7840 8335
>
> Inclusion
> 3rd floor, 89 Albert Embankment, London SE1 7TP
> Tel: 020 7582 7221
> Fax: 020 7582 6391
> Inclusion website www.cesi.org.uk
>
> See Inclusion's www.indusdelta.org.uk for the latest news and opinions in welfare to work
>
> Consider the environment - do you really need to print this email?
>
> The contents of this e-mail and any attachment(s) are intended solely for the use of the addressee. If you are not the intended recipient please return the e-mail to the sender and delete from your mailbox.
>
> The Centre for Economic & Social Inclusion is a company limited by guarantee. Registered in England & Wales number 2458694. Registered address: 89 Albert Embankment, London SE1 7TP
>
>
> -----Original Message-----
> From: email list for Radical Statistics [mailto:[log in to unmask]] On Behalf Of Kornbrot, Diana
> Sent: 21 October 2013 11:13
> To: [log in to unmask]
> Subject: Re: An impending statistic
>
> So where do YOU or other radstats members suggest for ethical banking with some subscriber control?
> Should radstats shift, should us individual members shift?
> Best
>
> Diana
>
>
> On 21/10/2013 09:51, "Peter Latarche" <[log in to unmask]> wrote:
>
>
>
>         From one of your retired administrators.
>
>         Rad Stats has banked with the Coop forever.  The 2009 reverse takeover by  Britannia building society brought a ton of bad loans on to the books.
>
>         Most of the black hole debt has been bought by Hedge Funds.  They are refusing a restructuring plan put up by the Bank in favour of a swap of debt for equity.
>
>         That means the Coop loses control of the Bank.  Demutualised and no more "ethical policies".
>
>         The Coop seems so atrophied that it failed to mobilise the membership in its defence.
>
>         The Bank has been one of those small logs you hang onto in the flood of greed driven finance capital.
>
>         Just another statistic!
>
>         Pete Latarche
>         ****************************************************** Please note that if you press the 'Reply' button your message will go only to the sender of this message. If you want to reply to the whole list, use your mailer's 'Reply-to-All' button to send your message automatically to [log in to unmask] Disclaimer: The messages sent to this list are the views of the sender and cannot be assumed to be representative of the range of views held by subscribers to the Radical Statistics Group. To find out more about Radical Statistics and its aims and activities and read current and past issues of our newsletter you are invited to visit our web site www.radstats.org.uk. *******************************************************
>
>
>
>
> ________________________________
>
> Professor Diana Kornbrot
> email: : [log in to unmask]
> web:    http://dianakornbrot.wordpress.com/
>             http://go.herts.ac.uk/diana_kornbrot
> Work
> Department of Psychology
> School of Life and Medical Sciences
> University of Hertfordshire
> College Lane, Hatfield, Hertfordshire AL10 9AB, UK
> voice:   +44 (0) 170 728 4626
> Home
> 19 Elmhurst Avenue
> London N2 0LT, UK
> voice:   +44 (0) 208 444 2081
> mobile: +44 (0) 740 318 1612
>
> ****************************************************** Please note that if you press the 'Reply' button your message will go only to the sender of this message. If you want to reply to the whole list, use your mailer's 'Reply-to-All' button to send your message automatically to [log in to unmask] Disclaimer: The messages sent to this list are the views of the sender and cannot be assumed to be representative of the range of views held by subscribers to the Radical Statistics Group. To find out more about Radical Statistics and its aims and activities and read current and past issues of our newsletter you are invited to visit our web site www.radstats.org.uk. *******************************************************
>
> ******************************************************
> Please note that if you press the 'Reply' button your message will go only to the sender of this message.
> If you want to reply to the whole list, use your mailer's 'Reply-to-All' button to send your message automatically to [log in to unmask]
> Disclaimer: The messages sent to this list are the views of the sender and cannot be assumed to be representative of the range of views held by subscribers to the Radical Statistics Group. To find out more about Radical Statistics and its aims and activities and read current and past issues of our newsletter you are invited to visit our web site www.radstats.org.uk.
> *******************************************************
>
> This email has been scanned for all viruses by the MessageLabs Email Security System.
>
> This email has been scanned for all viruses by the MessageLabs Email Security System.
>
> ******************************************************
> Please note that if you press the 'Reply' button your message will go only to the sender of this message.
> If you want to reply to the whole list, use your mailer's 'Reply-to-All' button to send your message automatically to [log in to unmask]
> Disclaimer: The messages sent to this list are the views of the sender and cannot be assumed to be representative of the range of views held by subscribers to the Radical Statistics Group. To find out more about Radical Statistics and its aims and activities and read current and past issues of our newsletter you are invited to visit our web site www.radstats.org.uk.
> *******************************************************
> ******************************************************
> Please note that if you press the 'Reply' button your message will go only to the sender of this message.
> If you want to reply to the whole list, use your mailer's 'Reply-to-All' button to send your message automatically to [log in to unmask]
> Disclaimer: The messages sent to this list are the views of the sender and cannot be assumed to be representative of the range of views held by subscribers to the Radical Statistics Group. To find out more about Radical Statistics and its aims and activities and read current and past issues of our newsletter you are invited to visit our web site www.radstats.org.uk.
> *******************************************************
>
>
>
> ---------------------------------------------------------------------------
>
>
> Please note that Middlesex University's preferred way of receiving all correspondence is via email in line with our Environmental Policy. All incoming post to Middlesex University is opened and scanned by our digital document handler, CDS, and then emailed to the recipient.
>
> If you do not want your correspondence to Middlesex University processed in this way please email the recipient directly. Parcels, couriered items and recorded delivery items will not be opened or scanned by CDS.  There are items which are "exceptions" which will be opened by CDS but will not be scanned a full list of these can be obtained by contacting the University.
>
> ******************************************************
> Please note that if you press the 'Reply' button your
> message will go only to the sender of this message.
> If you want to reply to the whole list, use your mailer's
> 'Reply-to-All' button to send your message automatically
> to [log in to unmask]
> Disclaimer: The messages sent to this list are the views of the sender and cannot be assumed to be representative of the range of views held by subscribers to the Radical Statistics Group. To find out more about Radical Statistics and its aims and activities and read current and past issues of our newsletter you are invited to visit our web site www.radstats.org.uk.
> *******************************************************

******************************************************
Please note that if you press the 'Reply' button your
message will go only to the sender of this message.
If you want to reply to the whole list, use your mailer's
'Reply-to-All' button to send your message automatically
to [log in to unmask]
Disclaimer: The messages sent to this list are the views of the sender and cannot be assumed to be representative of the range of views held by subscribers to the Radical Statistics Group. To find out more about Radical Statistics and its aims and activities and read current and past issues of our newsletter you are invited to visit our web site www.radstats.org.uk.
*******************************************************