Saturday, Jan 17, 2009
Take your time, there's no rush.
FT: Brown orders Britain’s banks to come clean
With speculation growing that the government will be forced to stage another bank rescue, the prime minister told the Financial Times he had been urging the banks for almost a year to write down their bad assets.
Posted by gardeniadotnet @ 09:10 AM (527 views) Add Comment
6 Comments
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1. gardeniadotnet said...
Any bank with nothing to hide would have come clean about their bad assets when first asked, at the beginning of last year.
Who's fooling who here?
2. quiet guy said...
Perhaps too much honesty would be too much of a shock for the government, the public and the bankers who are responsible? Like the mad auntie in the attic or a bit of incest - some things just aren't talked about in polite conversation.
I'd guess that those responsible need to fool themselves as much as anybody else.
Reminds me of one of your previous posts:
http://www.housepricecrash.co.uk/newsblog/2008/11/blog-an-addition-to-the-conspiracy-v-stupidity-debate-19917.php
3. troy said...
Whatever this new phase of 'bank' bailout takes it seems destined to turn Calleman's theory of the evolution of consciousness on its head.
According to Calleman we are supposed to be entering the period of Ethics over Power.
Clearly we are witnessing the opposite. Or perhaps it isn't so clear?
Perhaps this isn't really happening.
s2r1, malct, p4ac any ideas?
4. sneaker said...
SHOULD WE, THE PUBLIC, ORDER BROWN TO COME CLEAN?
Specifically about how much he knows about adding up, economics and Messianism.
5. Crunchy said...
number 4, NWDisorder.
Brown wrong again.
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