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Crisis caused by Drug-crazed Bankers says Drugs Tsar

 
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scienceplease 2
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PostPosted: Mon Apr 15, 2013 8:54 am    Post subject: Crisis caused by Drug-crazed Bankers says Drugs Tsar Reply with quote

Quote:
Financial crisis caused by too many bankers taking cocaine, says former drugs tsar
David Nutt, the former Government drugs tsar sacked after claiming that horse riding was as safe as taking ecstasy, has said that the banking crisis was caused by too many workers taking cocaine.


http://www.telegraph.co.uk/finance/financialcrisis/9993266/Financial-c risis-caused-by-too-many-bankers-taking-cocaine-says-former-drugs-tsar .html

Quote:
Prof Nutt said that too many bankers who took the drug were “overconfident” and so “took more risks” and said that not only did it lead to the current crisis in this country, but also the 1995 collapse of Barings bank.

He said cocaine was perfect for their "culture of excitement and drive and more and more and more", adding: “Bankers use cocaine and got us into this terrible mess. It is a 'more' drug."

Prof Nutt is not a stranger to making controversial claims about drugs. His latest attack is on the Government for “absurd” and “insane” laws dealing with magic mushrooms, ecstasy and cannabis, which he said were hindering medical research because regulations meant one of the ingredients - psilocybin, which is used to treat depression - was so hard to get hold of.

He was sacked as the Government’s most senior drugs advisor in 2009.


In related news...

http://www.telegraph.co.uk/news/uknews/4731670/Banker-died-in-front-of -model-girlfriend-after-cocaine-binge.html


Banker died in front of model girlfriend after cocaine binge
Quote:
A millionaire banker died in front of his model girlfriend after binging on cocaine at his flat in Mayfair, London.

Melvin Thomas Sabour, 44, an American who was managing director of AKN Investments, began convulsing after he snorted the Class A drug on Valentine's Day...

His partner, model Kyara Decker, 28, had gone to meet friends, including model Sophie Anderton, at a nightclub.

When she returned, she found her boyfriend high on cocaine and tried to calm him down but he stopped breathing.
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scienceplease 2
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PostPosted: Tue Apr 16, 2013 7:11 am    Post subject: Reply with quote

More info here:

http://www.guardian.co.uk/business/shortcuts/2013/apr/15/cocaine-banke rs-global-financial-crisis

The comments section is quite enlightening... eg

Quote:
NewLabourWeary

16 April 2013 7:39am

Whilst working at JP Morgan it was very common to encounter colleagues who had been snorting cocaine. This was part of the culture of the bank.


Quote:
FerventPixel

16 April 2013 6:44am

I was moderated several times in the past for daring to suggest that The City was being fuelled by stimulants.

But it's an open secret for anybody who wants to take a look (including, strangely, the police).


etc
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scienceplease 2
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PostPosted: Tue Nov 12, 2013 10:38 am    Post subject: Reply with quote

Who more drug crazed than the George Osbourne?!

Quote:
George Osborne’s dominatrix friend names her former clients
Natalie Rowe, the dominatrix pictured with George Osborne, names the Conservative minister and the famous actor who were among her clients
by Tim Walker. Edited by Richard Eden
7:30AM GMT 09 Nov 2013

When Natalie Rowe’s autobiography, Chief Whip – Memoirs of a Dominatrix, was released last month, her publisher, Thistle, heeded its lawyers’ demands to excise the names of her clients.

The former friend of George Osborne had no such inhibitions, however, when she was interviewed by a radio station this week.

Rowe named the Conservative former minister who allegedly used her services. She also disclosed the alleged identity of the actor, a household name, who was among her clients.

The dashing thespian, who is married and now in his sixties, has appeared in some of television’s most popular drama series.

In the interview on Wednesday night with Talk Radio Europe, an English-language station which is based in Andalusia, Spain, Rowe made clear that the Tory minister was not George Osborne, who was, memorably, photographed with her in a picture published by a tabloid newspaper in 2005 under the headline “Top Tory, coke and the hooker”.

She did, however, make a series of potentially libellous claims about the Chancellor, who was a friend of William Sinclair, the father of her son.

Two days after Mandrake disclosed in September that Rowe was in advanced negotiations with publishers about her memoirs, her home in Chelsea was raided by the police.

Up to 12 Drugs Squad officers armed with a battering ram burst into her flat in a dawn swoop, claiming that they were acting on a tip-off from a member of the public.

However, no drugs were found in the two-hour search, during which, Rowe claims, she was threatened with being handcuffed, and had questions asked about her book.


http://www.telegraph.co.uk/news/politics/10436984/George-Osbornes-domi natrix-friend-lets-rip.html

Who is William Sinclair? Rolling Eyes
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PostPosted: Mon Nov 18, 2013 10:28 pm    Post subject: Reply with quote

A former Lloyds banker was caught with $15 million worth of cocaine on his yacht

via Boat International

Back in 2007 Trevor Collenette, a retired Lloyds banker, was caught with £8 million worth (that's over 450 lbs) of Cocaine aboard a yacht he was "crewing," reported the Evening Standard.

The drugs were apparently so well-hidden that they were overlooked during a routine investigation when the vessel left Portugal.

Collenette maintains that he was set up, but there has yet to be any evidence supporting his story.

Source: Evening Standard
http://www.standard.co.uk/news/banker-caught-smuggling-8m-of-cocaine-o n-yacht-6592326.html


Read more: http://www.businessinsider.com/wall-street-cocaine-stories-2012-7?op=1 #ixzz2l2TV6Pjt

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