'Calamity' Brown and 'Captain' Darling
Someone ought to tell these two bumbling buffoons to stop meddling in the UK financial markets.
The pair are acting like a couple of salesmen, trying to flog off multi-billion busineses to the lowest bidder.
While the effects from 'saving' HBOS are now becoming clearer (huge redundancies up and down the country and less competition in the high street), I was reading in the Telegraph yesterday that they are now trying their hands on B&B, another beleagured player.
Anyone that has worked in Investment Banking should tell you that the first rule of the markets is 'don't panic!' as things have got a habit to even themselves out eventually.
So what does the man with the opposite of 'Midas touch' do at the sign of HBOS being in trouble?
Picks up the phone and asks a competitor for 'assistance'! If he'd only waited until the next day or picked up the phone to Mr Poulson (US Finance Secretary - who engineered the huge capital injection on US markets on the same day!), he would have saved at least 40,000 jobs! Just shows you that he's completely isolated both internationally and at home. Whereas George Bush - for all his other faults - shows that he is surrounded by capable people and he's prepared to pull out all the stops to avert a crisis - Bumbling Brown is completely out of his depth and not content with screwing up education/health service/etc/etc he is now attempting to be a financial guru. Could someone please put him in an induced coma until the next election, so that he will not cause any more harm to the UK
*rant over*
The pair are acting like a couple of salesmen, trying to flog off multi-billion busineses to the lowest bidder.
While the effects from 'saving' HBOS are now becoming clearer (huge redundancies up and down the country and less competition in the high street), I was reading in the Telegraph yesterday that they are now trying their hands on B&B, another beleagured player.
Anyone that has worked in Investment Banking should tell you that the first rule of the markets is 'don't panic!' as things have got a habit to even themselves out eventually.
So what does the man with the opposite of 'Midas touch' do at the sign of HBOS being in trouble?
Picks up the phone and asks a competitor for 'assistance'! If he'd only waited until the next day or picked up the phone to Mr Poulson (US Finance Secretary - who engineered the huge capital injection on US markets on the same day!), he would have saved at least 40,000 jobs! Just shows you that he's completely isolated both internationally and at home. Whereas George Bush - for all his other faults - shows that he is surrounded by capable people and he's prepared to pull out all the stops to avert a crisis - Bumbling Brown is completely out of his depth and not content with screwing up education/health service/etc/etc he is now attempting to be a financial guru. Could someone please put him in an induced coma until the next election, so that he will not cause any more harm to the UK
*rant over*
Comment