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Entries in finance (1)

Tuesday
Feb102009

Oh, yes, competition... forgot about that

Banks again.

Four of the idiots were up before the beak today. Sir Fred Pisspot, Sir Tom Dickhead, Andy Pratt and Lord I Know Nothing About Banking But The Lunches Were Awfully Good appeared before a Commons committee to explain how they were very sorry, but it really wasn't their fault as they didn't know anything about banking and anyway it all came from America.

By the by, I really can't be bothered with them. As indeed should you not be, as the solution to the problem of the banks is simple. People have forgotten about the mechanism of competition.

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