Reply to post: Raid on COOP

Co-op Bank's shonky IT in spotlight as delayed probe given go-ahead

Anonymous Coward
Anonymous Coward

Raid on COOP

Still waiting for some idea of who the COOP's money went to and why it wasn't recoverable, also what happened to the COOP's incompetence insurance? Money doesn't just disappear, it is still clinking in the thieves pockets. This isn't the US where they can get away with fraudiently selling bad loans to international investors as premium investments and then say "not our problem".

This whole thing smells worse than the Tory party selling the TSB (which they didn't own), in any other job a fk up of this order would result in time in prison but in finance the law is who you know

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