"Diamond Deals" aren't for ever someone's spit out their "Catarrh"

[Colemans Left Hook]

remember this well was it a low of 23 pence or 26 pence barclays shares dropped to .. there was an alleged  "funny smell" about in the square mile at the time

better late then never (just)


http://www.bbc.co.uk/news/business-40338220

 

now think you should all read this 2008 post from the Lancashire post and draw your own conclusions (remembering the golden rule of accounts "when asking the question what is 1+1" answer what do you want it to equal?

http://www.lep.co.uk/news/opinion/joke-s-on-us-in-market-meltdown-1-161445

"It's amazing what you can learn from old jokes. For instance, have you heard the one about the three antique dealers who get shipwrecked on a desert island?

The ship goes down and the three men drag themselves up on to the beach. The only other thing to survive the wreck is an old chair... yet all three antique dealers still manage to make a very nice living from selling that one chair back and forth to one another.


OK, it's not very funny and, like the chair, that joke's an antique. In fact, the funniest thing about that joke is that the banking system has used it as a business model over the last few years - trading among themselves, lending one another money with nothing much to act as security, and yet somehow making a very nice living indeed.

Now things have turned so sour they make sucking a lemon seem sweet.

It's as if someone had taken the antique dealers' chair and tossed it on the fire - and we're all waiting for the smoke to clear."

 



inter company lending is one thing involving the holding company but  rule are rules chaps (as in payments)