Tuesday, March 08, 2011

The Daily Mash makes sense - makes more sense, anyway, than most media outlets and most politicians - on the subject of banks:

Julian Cook, from Donnelly-McPartlin, said: "I will cheerfully give a weeks' wages to the first internet Paxman complaining about our bonus system that can even vaguely explain what it is we do for a living.

"Bob Diamond earned his bonus by maximising Barclay's equity differential market by a factor of six whilst ensuring their contingent capital base stayed under 2.3% Or have I just made all of that up? You haven't the faintest idea, have you?"

And, more importantly:

But Cook stressed: "Arsing off about the capitalist system is rather like a fish complaining about the preponderance of water in its life.

"Unless,of course, you're somehow venting your dreary, uninformed fury on the internet via a computer made from twigs by a worker's collective.

"And complaining that bankers are obsessed with making money is like saying lions are obsessed with eating gazelles.

"Perhaps you'd prefer us to sit around weaving fair trade wicker baskets and then use the profits from that to lend you cheap money so you can buy all those things you simply have to have."

He added: "We could try communism but then Bob Diamond would earn millions from being in the politburo, only you'd know nothing about it because the newspaper
has just the one story and it's about how fucking great your community tractor is.

"You could try complaining, just like you are now, but then someone who works for Bob Diamond would shoot you in the face."

Well, quite.

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1 Comments:

At 9:54 am , Anonymous Dissertation said...

Details are really useful and specially about the Diamond earned his bonus by maximizing Barclay's equity differential market,is a right and true news to read,because the market and the demand is really huge and good,so that is the reason for that,otherwise the details have great peace of originality and gives great sort of knowledge.

 

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