The City

[snaw]

The British economy is currently losing 100 Billion a year due to the mismanagement by Labour. This means that nearly 4 million will be officially unemployed in 2010 and many more people will lose their houses and become destitute. Perhaps we should be organising protest bus trips to the homes of Brown etc. Of course, the questions arises as to which home to choose !!

You've a wicked sense of humour there CB. Ever think about doing stand up?

[sasguru]

Yes (meaning insurers) and that was actually forward looking organisation in its time, kudos for that - however stuff that happened in the last 20 years has been very successful in undoing the achievements of financial industry in the UK.

What about the non-achievements of unemployed, mediocre Russian programmers living in bedsits in Brum?

[BrilloPad]

Perhaps we should be organising protest bus trips to the homes of Brown etc. Of course, the questions arises as to which home to choose !!

If you fancy being kettled for 9 hours it sounds great fun.

[AtW]

What about the non-achievements of unemployed, mediocre Russian programmers living in bedsits in Brum?

Perhaps not much, but the critical difference here is that I don't **** up other people - I didn't take their pensions etc and lost whem gambling while paying myself ridiculous bonuses.

I suppose this "subtle" difference is a bit too hard to comprehend for a City worker like you

[snaw]

Perhaps not much, but the critical difference here is that I don't **** up other people - I didn't take their pensions etc and lost whem gambling while paying myself ridiculous bonuses.

I suppose this "subtle" difference is a bit too hard to comprehend for a City worker like you

I only ever have pot noodles and have never bothered another living soul (Human anyway).

[sasguru]

Perhaps not much, but the critical difference here is that I don't **** up other people - I didn't take their pensions etc and lost whem gambling while paying myself ridiculous bonuses.

I suppose this "subtle" difference is a bit too hard to comprehend for a City worker like you

Well I'm glad your post implies you agree with "non-achievements of unemployed, mediocre Russian programmers living in bedsits in Brum".

The first step is acknowledge your failings. Then you can fix them.

[AtW]

Well I'm glad your post implies you agree with "non-achievements of unemployed, mediocre Russian programmers living in bedsits in Brum". The first step is acknowledge your failings. Then you can fix them.

I don't acknowledge anything - there is no point since the gravity of offence committed in the City is so huge: all that was needed for me to point out is that I am in no way involved in ripping people off and ****ing up their life savings only to enrich myself - it's 100% something that I did not do.

Just resisting the greed and avoiding taking part in this scam is the achievement in itself.

[BrilloPad]

I don't acknowledge anything - there is no point since the gravity of offence committed in the City is so huge: all that was needed for me to point out is that I am in no way involved in ripping people off and ****ing up their life savings only to enrich myself - it's 100% something that I did not do.

Just resisting the greed and avoiding taking part in this scam is the achievement in itself.

So everyone in the city is ripping people off?

Would you like to close down the city (and therefore banks) and go back to barter or something?

[sasguru]

...- it's 100% something that I did not do.

.

Ah good. Another item to add to the huge list of things you haven't done.

[AtW]

So everyone in the city is ripping people off?

It's never everyone, however the City as "financial entity" is now tarnished considerably.

Would you like to close down the city (and therefore banks) and go back to barter or something?

Banks should do simple things and charge for them reasonable fee: sending money around, taking deposits for safe keeping and investing them into something liquid and safe (gilts).

Companies that put money into derivatives, CDTs, etc should have a BIG sign "CASINO" put on them and never be able to take deposits or have liabilities more than they have cash deposited in a proper bank.