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Old 24-04-2017, 14:29   #39
1andrew1
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Re: European Elections 2017

Quote:
Originally Posted by pip08456 View Post
Consider this, there's a political party which aims to upset the establishment elite.

They apply for funds from the banks (establishment elite) and find they can't get them.

Where do you expect them to go?

Wake up Andrew. Russian money is being invested throughout the world.
Why do I need to wake up? I just posted a link that supported Damien's statement concerning Russian funding.
Commercial banks are concerned with two things when they lend money:
1) Financial risk - will they get it back? (If they don't it reduces their profits.)
2) Reputational risk - will the bank's reputation be damaged (which could result in a loss of business from other customers and therefore a reduction in profits.)
Similarly, a political party that borrows from a bank based in a country like Russia needs to think about the reputational damage caused to the party by such a loan.
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