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The bankers haven’t learnt that greed is good . . . for nothing
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10-3-2009 11:17 PM
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/acd4dc5c-12ef-4ccd-b231-3efd44eef6ff/251CA2A7-ABDD-4F7B-BBAB-8BE0F71E834C/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.timesonline.co.uk/tol/comment/columnists/rod_liddle/article6860186.ece" href="http://www.timesonline.co.uk/tol/comment/columnists/rod_liddle/article6860186.ece" style="font-size: 11px;">www.timesonline.co.uk</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.timesonline.co.uk/tol/comment/columnists/rod_liddle/article6860186.ece"><DIV class="small color-666"> October 4, 2009 </DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.timesonline.co.uk/tol/comment/columnists/rod_liddle/article6860186.ece"><H1 class="heading">The bankers haven’t learnt that greed is good . . . for nothing</H1></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.timesonline.co.uk/tol/comment/columnists/rod_liddle/article6860186.ece"><DIV class="article-author"> <SPAN class="small"></SPAN><SPAN class="byline"> Rod Liddle </SPAN> <DIV class="clear"></DIV> </DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.timesonline.co.uk/tol/comment/columnists/rod_liddle/article6860186.ece"><P> Nothing has changed. The economic crisis of last year is still seeing people put out of work — poor people, natch — but the next boom is being feverishly pumped up right now, on the same grounds as before. Nothing has changed — all that stuff about greater regulation, prudence, stability, financial propriety and a cap on extravagant bonuses? Bankers wandering around looking hurt and contrite and wondering if they should maybe open a donkey sanctuary in Suffolk instead of bankrupting the nation? </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.timesonline.co.uk/tol/comment/columnists/rod_liddle/article6860186.ece">Adam Applegarth, for example, was named as one of the 25 people responsible for the financial meltdown of last year. The former chief executive officer of Northern Rock helped drag a respectable and primarily local lending institution into financial annihilation</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.timesonline.co.uk/tol/comment/columnists/rod_liddle/article6860186.ece">I wonder, though, if you added up the cost of the crimes of every prisoner in this country whether the total would come to anywhere near £27 billion.</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/251CA2A7-ABDD-4F7B-BBAB-8BE0F71E834C/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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