Friday, September 19, 2008

Go into banking, my child

Banking is the trade to be in. You can make lots of mistakes, take lots of bonuses while you make them, and then the government comes along with a big truck, loads up all your mistakes in it and takes the mistakes off to a big sort of septic tank for storage.

What a great trade to be in!

One interesting comment came in a BBC piece about Lloyds TSB. They said that Lloyds TSB is in a fairly good state because their boss is fairly old-fashioned and got a bit stubborn on the subject of lending. He insisted that if the bank was going to lend money to anyone, they ought to be reasonably sure that the borrower had the ability to pay the money back.

Crikey! That's original!

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