The Anonymous Widower

“Banking Will Be The Mining Industry of the Nineties”

My old friend and bank manager, David,  said that quote about 1995 or so. At the time he had just been promoted to Business Banking Director of Lloyds Bank.  One day, I’ll tell everybody about the rest of that lunch, but I suspect that some of the guilty are still involved in banking.

What I would say,  and I know others will agree, although one has now joined David as one of the Devil’s right hand men, is that there never ever was another bank manager who was as good as David, when it came to guiding and nurturing companies from inception to stardom.  In some ways though, he was a rogue.  But he was always a rogue on the side of the angels.

He had seen banks at all levels and knew that they were massively overstaffed and that the only way in his view they could survive and prosper was by cutting out the deadwood.  He told me that what had happened to the miners would happen again to workers in the banking industry.

And then yesterday, Lloyds announced a lot of job losses.

So David was eventually right, but he had seen the writing on the wall all those years ago.

July 1, 2011 Posted by | Finance, News | | 2 Comments

An Unusual British Export to America

It has been said many times to me by American friends that roundabouts don’t work.  But then American driving rules are a bit strange, with the four-way stop something that you never see in Europe. So it was a surprise to see this article on the BBC web site.

I just wonder though how Americans would get on with some of the European experiments of completely clutter-free streets, with no signs and barriers. Apparently, it’s being tried in Ipswich.  I should look next time I go to the football.

July 1, 2011 Posted by | Transport/Travel | , , | Leave a comment

CyberCriminals Up The Stakes with New TDL-4 Botnet

According to this report on the BBC, an indestructable botnet called TDL-4 has been created. There’s another report on the BCS web site here.

If you read the BBC article, it would appear that the UK is quite infected, but that the botnet comes from porn and pirated film sites. So be sure what you look at!

July 1, 2011 Posted by | Computing | , | Leave a comment