THE Northern Rock bank is in dire straits.
And the chairman of Newcastle-based outfit has told a shareholders meeting that the stricken bank can still be saved.
Says Bryan Sanderson, “with your support we can set the company on the road to recovery”.
Hurrah.
But this is not gaming. This is serious money. Risks? Pah! This is all about security.
As Sanderson says, the bank could not engage in “high-stakes” poker with the Government and the Bank of England, which stepped in to support it when it was hit by the credit crunch in September.
Poker and banking? Who would you bet on?
Pretend to be banker and play the slots…
Posted: 16th, January 2008 | In: Poker And Casino, Twitterings Comment (1) | Follow the Comments on our RSS feed: RSS 2.0 | TrackBack | Permalink
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January 16th, 2008 at 2:34 pm
The difficulty with bankers is that they really don’t like to admit that what they engage in is gambling; that’s why they are so bad at it…