David Would Not Be Amused
My friend, David, finished his career as the Business banking Director of Lloyds Bank.
He was a proper banker, although he was a bit of a rogue. But one on the side of the bank and his clients!
So when I read in the Telegraph, about the dreadful mess Lloyds is now in, after the takeover of HBOS, I wonder what he would have thought of the fiasco.
I know some of the things he did to sort out serious problems and I know he would not have been amused. I suspect that Prudence would not be on his Christmas card list.
The Anonymous Widower 
Look up http://wikipedia.org/wiki/Derivative (finance) . . . Gambling with other people’s money ??? or what ???
The Banking system also has to cope with Money Market Rogues & Poncie Schemes PLUS the added Programmed Trading taking place in Milli Seconds . . .
There is a need for Daisy4All to help the Self Funded Superannuant & Small Business to be able to Track & Analyse their Problems / Outcomes . . . (when typing is OK again)
Banking / Funding / Interest Rates / Risks in the Technology Age is hard to Picture & Compare one period against another or against a baseline . . . Daisy4All should be developed to Help People track their financially Health & Well-being . . . Also EARLY WARNINGS
Comment by Steam Lover | January 1, 2012 |