tag:blogger.com,1999:blog-23400750.post2112209953705729449..comments2023-11-03T11:32:01.540+00:00Comments on Thought Experiments : The Blog: More Bloody BankersBryan Appleyardhttp://www.blogger.com/profile/08276787058430388582noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-23400750.post-17679014151255339112009-02-08T22:18:00.000+00:002009-02-08T22:18:00.000+00:00Luis, thank you for the reference to Dillow, that ...Luis, thank you for the reference to Dillow, that took me on to Falkenstein and Kwak. Great names! There has to be truth in the picture painted there. I'd like to feel that there are some corrections the market can also make, in time. But I'm not smart enough to figure that all out right off the bat.<BR/><BR/>I still think some areas of banking are a special case, due to the easy money to be madeRichard Drakehttps://www.blogger.com/profile/10005416556432927671noreply@blogger.comtag:blogger.com,1999:blog-23400750.post-71590884228365855042009-02-08T22:09:00.000+00:002009-02-08T22:09:00.000+00:00This comment has been removed by the author.Richard Drakehttps://www.blogger.com/profile/10005416556432927671noreply@blogger.comtag:blogger.com,1999:blog-23400750.post-68962393104487095252009-02-08T17:46:00.000+00:002009-02-08T17:46:00.000+00:00Chris Dillow nails it for me. We should be talking...<A HREF="http://stumblingandmumbling.typepad.com/stumbling_and_mumbling/2009/02/bonuses-power-and-inequality.html" REL="nofollow">Chris Dillow</A> nails it for me. We should be talking about why there's so much money being made in banking in the first place, and why individual bankers have the power to direct it in their direction. Mucking about with legislation to cap salaries is going to fail, Luis Enriquehttps://www.blogger.com/profile/09373244720653497312noreply@blogger.comtag:blogger.com,1999:blog-23400750.post-67414132892078826822009-02-08T17:20:00.000+00:002009-02-08T17:20:00.000+00:00Ok, but don't forget that the US "cap" is actually...Ok, but don't forget that the US "cap" is actually so porous in the detail that you can bet your grandmother's left hand that people will find a way around it. There's no way that someone in that position will have to make do with 500K. No way.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-23400750.post-7159357562178660392009-02-08T16:37:00.000+00:002009-02-08T16:37:00.000+00:00Thanks Luis Enrique for "trying to think and write...Thanks Luis Enrique for "trying to think and write accurately" about the crisis and succeeding more than most.<BR/><BR/>The highly related question from passer by about where all the journalists spouting furiously now were as the crisis developed was most honestly answered, for me, at <I>Predicting the Crash</I>, a panel discussion at the Frontline Club on 6th November. The video is third item Richard Drakehttps://www.blogger.com/profile/10005416556432927671noreply@blogger.comtag:blogger.com,1999:blog-23400750.post-68537057108005435832009-02-08T13:21:00.000+00:002009-02-08T13:21:00.000+00:00"nothing to do with us" In a way Malty they are ri..."nothing to do with us" In a way Malty they are right, afterall they dont run actual economies.<BR/><BR/>Even if there banks the are supposed to be running are in fact bigger than most real economies.<BR/><BR/>Its the deserved bit I fret over. I wonder if Fred will turn hero(ish) and dish the dirt on his mate Gord and his mad stewardship over HMS Broken. should be fun whichever way he plays it.<Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-23400750.post-22870451276447474322009-02-08T12:59:00.000+00:002009-02-08T12:59:00.000+00:00Well then boys and girls I did my very best on you...Well then boys and girls I did my very best on your behalf, last Friday morning driving into Edinburgh. Who did I pull up alongside, no other than Sir Fred in a brand new Rangy Rover thingy, at least it looked like him, that would be a paedophile caught sniffing a saddle, apologies to the driver if it wasn't, for my disgraceful act and I will pay to have the mess removed.<BR/><BR/>By the way, ourmaltyhttps://www.blogger.com/profile/02936465848907794425noreply@blogger.comtag:blogger.com,1999:blog-23400750.post-61226417518436034242009-02-08T11:15:00.000+00:002009-02-08T11:15:00.000+00:00I don't think hatred is conducive to clear thi...I don't think hatred is conducive to clear thinking. <BR/><BR/>"Guilty bankers - most of them by the sound of it - should be humiliated, impoverished and, in some cases, imprisoned."<BR/><BR/>I really would very much like to see guilty bankers impoverished etc. but what percentage of bankers do you think had anything to do with the crisis?<BR/><BR/>Obviously we can rule out the Luis Enriquehttps://www.blogger.com/profile/09373244720653497312noreply@blogger.comtag:blogger.com,1999:blog-23400750.post-8426000186428409152009-02-08T10:31:00.000+00:002009-02-08T10:31:00.000+00:00(Hugh=)Cary Grant-Farmer Brown(=Emmerdale Farm)?Is...(Hugh=)Cary Grant-Farmer Brown(=Emmerdale Farm)?<BR/><BR/>Is the money we still have in the system safe or should I cash in and buy gold ingots for burying in the garden?Ian russellhttps://www.blogger.com/profile/11106519805045337505noreply@blogger.comtag:blogger.com,1999:blog-23400750.post-46031257298242466062009-02-08T10:28:00.000+00:002009-02-08T10:28:00.000+00:00Putting aside the fact that 1.8 trillion dollars o...Putting aside the fact that 1.8 trillion dollars of Chinese money distorted and broke a pretty feeble banking system I have a question.<BR/><BR/>Where were the journalists? (present arts journalist are excused) but where were the stories, the questioning of the system, bankers. regulators and general inept macro economic policy ect.<BR/><BR/>Apart from a few bits and pieces about self assessment,Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-23400750.post-59043285434879661172009-02-08T09:03:00.000+00:002009-02-08T09:03:00.000+00:00I'm rather hoping that the MPs will provide a room...I'm rather hoping that the MPs will provide a room off their meeting place with a desk and a drawer that contains a revolver. Mind you, with Sir Fred Goodwin the revolver would need to be on the desk, not in the drawer, as he has demonstrated such little imagination. Just one banker taking the honourable exit would do much to assuage the public mood.Anonymousnoreply@blogger.com