Tuesday, December 4, 2007

A big boy did it and ran away Mum !

Top bankers deny credit failure

Leading bankers denied that they contributed to the credit crunch. Read it for yourself. It takes some beating and some believing.

Posted by yorkshireman @ 11:01 AM (840 views)
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4 thoughts on “A big boy did it and ran away Mum !

  • The UK is a joke in terms of democracy. While the US seek to prosecute and legislate (even if it is to set an example, such as Enron) violations of the law, it seems that the most you will face in the UK is a uncomfortable couple of hours in front of a Commons committee. If it gets to the point where you may have to resign, you will retire as one of the richest people in the country.

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  • If we have any backbone in this country, we would be protesting, removing our money from these institutions, anything.

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  • it_is_going_with_a_bang says:

    “It seems you are flying in the face of reality”

    A very English way of calling someone a liar!!!
    Having said that – the phrase sums up the whole “Houseprices are going to go up forever” mentality!

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  • Ewwwww.

    Can I just point out that this very same blame game was played out in Congress just before subprime started to take its grip on the economy. A lot of finger pointing before the crap really hits the fan.

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