Thursday, Oct 23, 2008
Business failures inevitable, say banks
FT.com: Business failures inevitable, say banks
But the British Bankers’ Association, the industry group, said “commercial realities” made it “inevitable that some businesses will not survive” the recession.
There simply is nothing that needs to be added to this article; the bankers now "safe". (well they think they are but lets just leave it there for now) ... now get down to the real business of ensuring everybody else has to play by the "rules" and go to the wall if necessary.
.... as aided and abetted by the government.
Other people are running businesses that cannot survive the environment you understand.. so they must go out in the cold.
Posted by whiteknight @ 10:20 PM (594 views) Add Comment
9 Comments
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1. mark wadsworth said...
"Bank failures inevitable, say businesses"
2. renting2 said...
Good one whiteknight. This is the sort of s**t that the general public are heartily sick of (but not yet willing to fight against).
3. harold said...
Brings a whole new meaning to I'm all right Jack. Every small businessman/women that goes bust should be given a new suit and offered the option of replacing a banker at their local high street branch.
4. whiteknight said...
"but not yet willing to fight against"
I heard of a business once that some people said was ahead of its time.
Turned out it wasn't and it is settling in just fine.
5. str 2007 said...
Mark
How did you manage to put that post on there?
You should have been on the tube at 10.30pm.
6. str 2007 said...
I demand an explanation
7. debtfree said...
str 2007...
in response to your questions regarding an old post.
2002
£206
50%
nosey :o)
8. str 2007 said...
Well you were the early bird that caught the worm,
Maybe a bit too early and weighted if you were honest.
And was that a mixture or have you got one main place and type you keep ?
9. mark wadsworth said...
@ STR2007, I set off 9.30ish, got home an hour later.