The TV is crawling with Smug-Fuckers today!

They are everwhere in the banking industry.

Millions of them, just milling around with smug-fuck faces and smug-fuck rhetoric. Bankers! F*cking bankers!

I forget the influence I have on World markets and Governments in general.

Just waiting to have my breakfast meeting phone-calls with Sarkozy and Merkel at the moment.

I don’t think it was all Gordie’s idea from what Angele texted me this morning!

Putin is livid! Wouldn’t get off the phone last night - rattling my ear.

Coz we will be off to Iran sooner than we think and that will make Afghanistan and Iraq look like s fucking picnic in the park!

I’ve got Georgia on my mind - Michael Bolton in my heart.

I hope GB listens and brings our troops home asap, not only to save their lives, but to
save on the Ministry of Defence Budget so that the next time we get involved , the
troops will be well equiped.

We can leave hanging, drawing and quartering him until after we’ve got our hands on the loot…

Given that the last hoo-ha was in 1990 he should have got off his arse and made some plans in the last few years and stopped the ridiculous lending. Nobody is making any more land - except in the Netherlands and Saudi Arabia - so as the land price increases and the first-time buyers try to find a home to own - we now end up in a proper pickle.

And he is the biggest and greenest Gherkin in the vinegary malt.

Gordie - I am so disappointed with you. Stop telling us that it’s the impact of the rest of the World that’s to blame.

It’s the fault of the Labour Government - full stop!

If your”e gonna sing a Spike Milligan ditty, at least get the title right!!!LOL

I am tempted to note Colin Powell’s comments on the Iraq war; you broke it, you fix it.

We will have to hope the Chinese feel a bit differently about Britain since Gordie’s plan seems at least to be a plan, which is more than can be said for the US.

The problem is that in a world with joined up financial markets a lot of us end up having to fix it…

On Channel 4 News just now a report that the Chinese are not keen to lend money,
one Chinese Businessman said “why should we lend America money which may never be repaid? They got themselves in this mess and I think they should find a way to
get out of it

Iran doesn’t actually have that much money, though some of the other Gulf States do, so if we want their money we are going to have to remember the old adage that he who pays the piper calls the tune. Yet another of those harsh realities which appear to have eluded a lot of people.

China’s Sovereign Fund is pretty big…

No, Gordie isn’t giving Scotland everything they want.

What Scotland, or to be more precise, the chairmen and chief executives of both banks, wanted, was lots of dosh with no strings.

They didn’t get it. We get share capital in return for our money and the chairmen and chief executives of both banks, usually referred to as the Scottish Mafia, are to go, without any of their vast platinum parachutes. Rumour has it that they took a lot of convincing on that one, but finally saw the light.

The much vaunted humiliation of the RBS having a non-Scot at the helm has come true, but it’s submerged in the humiliation of the bank failing. You, me and the rest of joe public now own the majority of the shares in RBS and a hefty chunk of HBOS.

The world has discovered that a distinguished career in the pharmaceutical industry doesn’t qualify you to lead a bank, and the senior directors have discovered that they will get no cash bonuses this year, with any future bonuses to be paid in the form of shares.

RBS and Lloyds TSB/HBOS will return mortgage and small-business lending to 2007 levels, which is a lot more than they are currently lending.

If you need a mortgage, or are a small business, it’s good news. Of course, Fully Secured Bank Funding Pigeon may be a bit pissed off because they won’t be lending him vast sums of money to play in the financial markets with, but hey! you have to go with the flow…

Nobody knows whether it is going to work or not, but at the moment it looks like the only game in town. We will have to wait a while and see whether Gordie and England’s Darling really do save the world…

In 1997 Bank lending was 32% now it is 171%

Notice how GB slipped in the fact that this new borrowing would be partly funded by
the Sovereign Bank, isn”t this the Middle East account for all the rich Sheiks who have
money to invest? No wonder they are laughing at us, saying it”s God”s judgement.

I remember ages ago reading a book which predicted that there is no need for War,
Economics will rule the World.

That’s why there’s a High End Strippers Index as well as a High End Girlfriend Index.

And I have no doubt whatsoever that the banks will try to do that, but if they are efficiently regulated they will have a lot more difficulty in playing Russian Roulette where the world gets the bullet, not them…

An ex Trader being interviewed this afternoon attested to the “generosity” of Banks
when a good Deal was made, and the person who made it was given a green card.
He said, after 6 months, he clinched a good deal and was given the green card.There
were 15 of his workmates who went on a binge with this card and spent £16,000 on a
night out!!!!!!!! This is as much as a Years Wages for a lot of people.

Of course, there is excellent historical precedent in executing bankers if things go wrong; if my memory serves me I think it was Pisa, back in the 12th century, which took a firm view on regulating the financial markets…

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M&A
Artemis
It’s a delightful name but I have no desire to have the Wrath of God, Nemesis of Al Capone, and occasional substitute for Siva, Destroyer of Worlds, called down on this site.
The next thing that would happen would be that someone would claim that the Inland Revenue and Customs had made an official statement re bankers and blood, and then it would go sadly downhill from there…