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Why should Credit Agricole (Agrocultural Credit?) even have "investment banking" which I am sure wasn't investing (ie farms, tools for them etc) into agroculture?
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Originally posted by AtW View PostWhy should Credit Agricole (Agrocultural Credit?) even have "investment banking" which I am sure wasn't investing (ie farms, tools for them etc) into agroculture?
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I guess it's no different to Royal Bank of Scotland investing in subprime tulip on a far away continent.Originally posted by Churchill View Post
The moment it started going wrong when those banks engaged into things they were not meant for in the first place - the main reason is of course higher margins in "investment banking".Comment
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WCSOriginally posted by Churchill View Post
"Experience hath shewn, that even under the best forms of government those entrusted with power have, in time, and by slow operations, perverted it into tyranny. "
Thomas JeffersonComment
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Wasn't CA the French bank that was rumoured to have nearly gone bust last week?...my quagmire of greed....my cesspit of laziness and unfairness....all I am doing is sticking two fingers up at nurses, doctors and other hard working employed professionals...
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s losing their jobs.
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