RE: Worth a watch if you haven't already done so!28 Feb 2021 11:59
Hi Mr Bond,
Hope all is well with you in Spain, lot's of Brit's think it was unfair the way that Expats were nt given the opportunity to vote in the (B) referendum, really any UK passport holder should have been eligible considering how much the outcome may affect them.
Anyway, yes sorry I digressed, Andrew really is a decent chap and although I won't disclose the big trading bank concerned Andrew had a top job involved with commodity trading , but over a period he had become increasingly troubled about how the livelihoods of whole communities in various parts of the world were detrimentally affected, even destroyed by some of the trading practices/instruments used that made huge profits for the trading banks and bonuses for their traders.
He tried to make his manegment seniors realise that the bank could still be making good profits (albeit slightly less initially) by trading differently, but in ways that would also help support the local communities livelihoods, rather than in many cases making their lives much worse.
Although the attitude of his bank was that if they didn't trade as they did then they would lose out to other banks trading arms so nothing changed.
After this on one particular morning some trading positions had been taken in silver and by the afternoon these trades had made huge profits by smashing down the silver prices which unfortunately became so low that several Chilean mines would be forced to close or be moth balled making their workers unemployed.
So although the trading desk was celebrating Andrew packed his case and walked out vowing to expose the manipulation that was going on,the rest is history as we know!
Andrew doesn't say a great deal about the enemies he has made, but he has paid a heavy price over the years for going against the system, also a few years ago as Andrew and his wife were walking along a relatively quiet street they were both knocked down by a car that had mounted the pavement and then sped off without stopping, of course that may have been a coincidence because the car was stolen and the driver was never traced.
Thankfully Andrew and his wife both recovered and he carries on trying to make others aware of the ongoing unfair market manipulation.
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