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rolf

Can You Bank On Me?

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anyone else watching it?

Documentary following two ex-bankers who, until recently, earned huge salaries and enjoyed all the trappings of a high-flying lifestyle. The bankers spend a week working with a struggling business that has been on the receiving end of the credit crunch. The pair, one banker who was made redundant and another that resigned, see first hand the human cost of economic meltdown.

Griselda, 31, spent years working as an analyst in hedge funds and banks. She was made redundant in November 2008. Griselda is appointed to work with the self-described Queen of Blackpool, Pat Mancini, MBE, at the 107-room Queens Hotel. Like many businesses in Blackpool, the Queens has struggled for business in recent years and the credit crunch has delivered what Pat fears may be the killer blow.

At the hotel, Griselda learns the ropes from the ground floor up, working in the housekeeping department, the restaurant, the kitchen and the bar. But can she come up with a corporate hospitality plan to help save the Queens?

Amit, 28, worked as a senior analyst for a large bank. He specialised in providing debt and equity to real estate-backed deals and resigned after feeling unchallenged when the credit crunch stopped his bank doing big-money, high-risk deals.

Amit spends a week working in the picturesque village of Weobley, surrounded by the rolling hills at the Dairy House. This small organic dairy produce company supplies local stores and supermarkets with handmade yoghurt, cheesecake, curd cheese, cream and butter.

Amit mucks in at the Dairy House, getting up at the crack of dawn to milk the cows and make products in the small factory. But can he use his business experience to convince a group of entrepreneurs to invest some much-needed cash in the Dairy House?

Edited by rolf

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Already can't stand this posh toff Griselda though she's right about people on stupid mortgages and credit cards being as wreckless as "the bankers".

The dude seems to have a level head. 10,000 a head meal? Jeez!

Anyway, I think the bankers may succeed simply because they have some basic financial understanding that most of the public lack, plus a bit of intelligence anyway. They may lack real world application though.

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That assistant manager is rough as ******, no doubt, not just common as muck.

Yeh I'm starting to feel sorry for the banker girl. Maybe that's the idea!

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Seems that the ordinary folk are doing everything to try to show up "the bankers". These sheeple try but they can't, because bankers aren't other-world people. In the main, they're actually well rounded individuals.

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Basically these people are bitter and jealous of the bankers. They are complete sheeple without any ambition to break the mould.

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Basically these people are bitter and jealous of the bankers. They are complete sheeple without any ambition to break the mould.

They are just poor and not that bright. The dairy business has some hope with relatively small investment, but the hotel loks like a money pit, they should become social housing, would probably earn more than selling rooms to pensioners for peanuts with breakfast and dinner included.

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Griselda has it spot on IMO. The lack of responsibility from individuals in this country is quite disgusting IMO.

I was forced to take a £4k credit card. What a load of tosh. They had to in order to survive. No - you had to in order to get that 42 inch widescreen and to support your 200 fags a week habit.

Farmers seem to have a bit more savvy. But again - they are running a business with absolutely no money set aside for tough times. Living week to week. Overdraft reduced = business up shit creek. Does nobody in this country have a ******ing clue ?

I also love the continued labelling of 'bankers' as chumps working in the 'City' earning 6 figure sums and dining out on 10k meals.

Most 'bankers' in this country earn about 15k per year working as a teller in your local branch of Natwest.

PS - I am not bankers biggest fans.

Edited by ccc

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I think that the bankers proved them wrong. The farmers were not common anyway, sounded middle class villagers to me, not thickos. The workers for the hotel are stuck in the stone age, they need to change. Businesses like those that were nice slow places to work and not aggressive at all will fold and have folded e.g. Woolworths.

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Am I talking to myself or is anyone else watching this? ;)

I watched a bit of it ... I liked the bit where the staff were being slated for having and using credit cards to live on.

"but everyone does it" just deserves a slap.

:)

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You can blame the bankers for the credit crunch, but its also true that many people and companies owe their existence to the bankers for ramping up the credit. There wouldn't be an demand for organic food if it wasn't the the bankers inflating the economy.

Its like a junkie getting mad at their dealer for stunning out of drugs.

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The obvious banker solution for both businesses was a taxpayer bailout.

But for some reason the ex-bankers didn't suggest that for the type of business they were considering :rolleyes: .

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Turned into a nice advert for the unemployed bankers. Amit is now starting a business to help small businesses raise cash. Posh girl is off to China to learn mandarin.

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Everyone came out of this program quite well except the employees of the hotel who are so blinkered and lacking in any intelligence, ambition and drive that they frankly deserve to fail. The hotel was a relic of another age catering for a dying generation. The staff was for the most part chippy and ignorant with absolutely no ideas or interest in improving their lot.

The farmers were obviously not short of a few quid so I found their initial criticism of Amit a little disingenuous however they quickly came round and appreciated what he had to offer. I wonder how many of them have been receiving subsidies for their core farming business and whether they appreciate that organic farming and the increased profits it brings would not exist of it were not for the runaway economy of the past decade?

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The farmers all had nice enough houses, nice new discovery as well, they'd been living beyoned their means - why not get new machinery rather than a new disco?

The bankers came out of it alright but the girl came up with some crackers, re: the minimum wage, is that £100 per day of per week?

Don't forget it was broadcast by the BBC and probably paid for by Bar Cap and their chums to make them out in a better like.

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Typical for the BBC when one of the workers disclosed she was having to work well into her old age as her private penson fund had collapsed and closed to new business a good few years ago (Equitable Life??) the BBC commentator glossed over and summarised her pension situation as being due to the recession.

Not a little misleading and of course no mention of any contribution from a crooked financial system.

Edited by billybong

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Guest X-QUORK

Breaking news...

Junkies blame dealers for being in a mess, meanwhile dealers laugh at the junkies for their lack of self-control.

More later.

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The Queens hotel was featured in a TV series a few years ago. The same staff etc nothing seams to have changed. The show was about how difficult it was to run the hotel and make a profit.

Obviously nothing learnt from their first 15 minutes of fame. :unsure:

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