8 suicides reported over the weekend - are banks the cause?

[poolfan81]

Just after listening to rte radio 1 drivetime

Senator was on discussing the reported 8 suicides over this weekend alone

She was saying that the debt collection departments within banks are putting undue pressure and harrassment on people to pay back debts

It is a criminal offence to put undue harrassment on people

These banks have some neck - they lent out wrecklessly, we bailed the out and now they are putting so much pressure on people its leading to them taking their lives

When you add in the actual money pumped into the banks, then add in the social devistation caused by the banks - its a shcoking figure

They are an utter disgrace and those employees ringing up people should hang their heads in shame

[ruserious]

It's terribe that the media do not report these deaths.

[PAD1OH]

They are an utter disgrace and those employees ringing up people should hang their heads in shame

Every suicide is a tragedy but blaming employees doing their job is plain wrong.

Whoever the Senator was should have thought twice about making causal links between the banks and people committing suicide - even if there he/she had evidence that debt was a contributory factor we need to be more careful about how we discuss suicide.

[Panopticon]

She was saying that the debt collection departments within banks are putting undue pressure and harrassment on people to pay back debts

It is a criminal offence to put undue harrassment on people

I presume she has gone to the DPP so.

The problem with politicians is that they use language very loosely, in a way that gets votes from people who only understand the real world very partially, and who are therefore most likely to be swing voters.

They are an utter disgrace and those employees ringing up people should hang their heads in shame

If you believe people should not themselves have to repay loans, that is your prerogative, as it is to pay the loans for them. Someone, however, must pay. If not the person who borrowed recklessly, then the taxpayer.

[gerhard dengler]

Did all eight people owe the bank money? Were they in arrears to those banks?

I think that this should be starting point for discussing these suicides?

(I didn't hear the interview with the politician)

[EUrJokingMeRight]

There were about 190 road deaths in Ireland in 2011 and about 500 suicides.

Insurance payouts for fatal road traffic accidents hurt the bottom line of the big insurance companies.
Why does suicide get less resources assigned to it than enforcement of the carriageways?

The cynic in me suspects because there is less revenue involved.

[fiobi]

Every suicide is a tragedy but blaming employees doing their job is plain wrong.

Whoever the Senator was should have thought twice about making causal links between the banks and people committing suicide - even if there he/she had evidence that debt was a contributory factor we need to be more careful about how we discuss suicide.

If the employee was doing their job in the first place excessive amounts of money would not have been lent out!

I have had to deal with these people and they are scum. The threats that they make is unreal and they are the very same people that gave out the loans in the first place. They couldnt shovel enough of it at people. They independently valued properties when loans were being taken out but they cannot be held responsible for getting it wrong, its only the person borrowing the money that is chased.

Where is the moral hazard for bank employees whose salary and bonuses were based on boom time lending that they sanctioned. Why have they not had the same paycuts as the rest of the private and public sectors. They really are the protected class!

[BlackLion]

Banks are indirectly responible but Ireland always had suicides.

[poolfan81]

Every suicide is a tragedy but blaming employees doing their job is plain wrong.

Whoever the Senator was should have thought twice about making causal links between the banks and people committing suicide - even if there he/she had evidence that debt was a contributory factor we need to be more careful about how we discuss suicide.

I think the point she was making was that they werent doing their "jobs"

Their job is not to put undue pressure on people

[Des Quirell]

post hoc ergo procter hoc.