A New Bank? – it’s about time!

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I am amazed that nobody seems to have taken up the idea of creating a new bank – we all agree that the combination of – President Clinton’s mortgage free for all, Wall Street’s greed in thinly slicing up bad debts to make them even worse, plus Brown’s fatal attraction of spending taxpayers money in exactly the wrong places – has caused a terminal and possibly incurable problem for existing banks. The toxic past will not be easily cleaned out, certainly not by retiring flowers like Obama and Brown, nor I suspect by the current breed of bank “professionals” too scared to come clean. Continue Reading »

Management and Business

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Making Banks safe again

Cincopa video hosting solution for your website. Another great product from Cincopa Send Files.

Being over 60 has it’s advantages – I remember when taking my pocket money to the Savings Bank and seeing the handwritten note in my savings book stating “paid in 10 shillings” made me feel good and pleased that I had managed to put hard to come by cash away for a rainy day. Continue Reading »

Management and Business

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