Sunday, April 13, 2008

IT'S BEEN A HILARIOUS WEEK FOR THE BANKERS

First the MPC cut the BoE rate, so they raised theirs, laughing their heads off.

And today, they had another opportunity to laugh their heads off, this time at the London Marathon. Tens of thousands of people training very hard all year to raise a few hundred, maybe a few thousand pounds for a charity, when all the bankers have to do is get their chauffeur to drive them down to London from their mansion in Oxfordshire or Surrey in their luxury executive car, enter a few numbers into their bank's computer system, and then distribute that 'money' to all the charities nominated by today's runners.

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