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Panorama The Money Trap How The Banks Lure You Into Debt (02 July 2006) [TVRip (XviD)]

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Title: Panorama - The Money Trap - How The Banks Lure You Into Debt
Channel Transmitted: BBC One
Date: 02 July 2006
Source: TVRip
Format: AVI (XviD)
Category: Special Interest

The Royal Bank of Scotland is to be investigated by the Banking Code Standards Board after a probe by tomorrow night's Panorama into debt-related suicides.
Panorama: The Money Trap (Sunday 2 July 2006, 10.15pm, BBC ONE) examines the case of Richard Cullen, a 65-year-old mechanic from Wiltshire, who killed himself after building up more than £130,000 of credit card debts. When Mr Cullen died he had 22 credit cards with several different lenders.
The programme reveals how Richard Cullen owed the Royal Bank of Scotland more than £35,000 through four different credit cards, although his annual income was just £15,000.
In November 2004, two weeks after being chased for arrears on his Mint card (operated by RBS), his credit limit on his Tesco Personal Finance card (also run by RBS) was increased by £1,000 to £7,700.
In January 2005 he was found dead in his garage through inhaling exhaust fumes.
Mr Cullen's four credit cards generated RBS more than £4,300 in interest and charges in the last year of his life – almost a third of his annual income.[...]

Whistleblower break the banking industry's code of silence. She says that high street bank lending practices put profits before customers at every given opportunity in order to push borrowing. She is a key decision maker with one of the main high street banks.

[url]http://news.bbc.co.uk/2/hi/programmes/panorama/5129514.stm[/url]

More info:
[url]http://news.bbc.co.uk/1/hi/programmes/panorama/5142492.stm[/url]
[url]http://news.bbc.co.uk/1/hi/programmes/panorama/5155848.stm[/url]
[url]http://www.bbc.co.uk/pressoffice/pressreleases/stories/2006/07_july/01/panorama.shtml[/url]
[url]http://www.debtopedia.com/debtfree/credit-card-debt/the-insidious-nature-of-credit-card-debt.php[/url]

Movie
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File Name: How The Banks Lure You Into Debt.avi
File Size: 307 MB (315,276 KB / 322,842,624 bytes)
Valid: Yes [AVI]
Duration: 00:39:43.880
Movie complete: Yes

Video
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Resolution: 720x404
Aspect Ratio: 1.782 (~16:9)
Codec: XviD MPEG-4 (XviD 1.1.0 Final)
FPS: 25,000
BitRate: 955 Kbps
Quality Factor: 0,130 b/px

Audio
-----------------------------------------------
Codec: 0x0055 MPEG-1 Layer 3 CBR
Number of channels: 2 (Joint Stereo)
Sample Rate: 48000 Hz
BitRate: 128 Kbps

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