The Virtual Pub
Come Inside... => Saloon Bar => Topic started by: Pastis on May 14, 2008, 12:18:03 PM
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Here we go...
Speaking about the problems in the global financial markets, Mr King said that financial organisations and banks were in the process of rethinking how they operate.
"In some ways we're only beginning to see the difficulties that have faced banks feed through now to conditions in the credit markets for companies and for households," he said. "We are reverting to a more sensible and prudent approach to lending and borrowing," he added.
And the reality of this...
The global credit crunch is claiming more than 300 jobs a week in the City.
Some of the highest-paid executives in the Square Mile and Canary Wharf have been sacked as the world's financial markets go into paralysis. A total of 6,500 people will be axed by next month but more than 4,000 have already gone, according to analysis by the Evening Standard.
Swervin' Mervyn with the silver tongue ;)
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Here we go...
Speaking about the problems in the global financial markets, Mr King said that financial organisations and banks were in the process of rethinking how they operate.
"In some ways we're only beginning to see the difficulties that have faced banks feed through now to conditions in the credit markets for companies and for households," he said. "We are reverting to a more sensible and prudent approach to lending and borrowing," he added.
And the reality of this...
The global credit crunch is claiming more than 300 jobs a week in the City.
Some of the highest-paid executives in the Square Mile and Canary Wharf have been sacked as the world's financial markets go into paralysis. A total of 6,500 people will be axed by next month but more than 4,000 have already gone, according to analysis by the Evening Standard.
Swervin' Mervyn with the silver tongue ;)
I thought Mervyn was starting the process of pointing the finger elsewhere as he sees the tital wave of shite heading towards him?
He knows it is going to be real bad and his only chance is to start to put... um Gordon in the frame. lol:
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To be fair he doesnt have to put Gordon in the frame. Anyone with half a brain can see that MacBeth Brown is the moron who as led us to this godawful state.
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Ah... but it's called political snooker.
Mervyn has to make sure he doesn't go in - off when the electorate pots Brown into the Bottom Left pocket ;)
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Ah... but it's called political snooker.
Mervyn has to make sure he doesn't go in - off when the electorate pots Brown into the Bottom Left pocket ;)
Correct… well those were my thoughts when I heard him on the wireless this morning anyway.