SeanMacGabhann Wrote: ------------------------------------------------------- > Big Man: ?I invent complex financial instruments > which make me and this bank a LOT of money ? I > DESERVE my large salary? > > Nervous journo: ?Do these instruments require > millions of people to take out loans and > mortgages?? > > BM: ?Indeed ? that way they can get the things > they want and I get to be rich ? win win!? > > NJ: ?I see. But haven?t we been here before where > house prices rise to the point where people can?t > afford them anymore and evrything collapses in a > pile of bad debt?? > > BM: ?ah but that?s the genius of my cleverness!! > These products I have devised ensure that won?t > happen this time. In fact, make sure you write > this down, lot?s of people will say this so I > want credit - ?This Time It?s Different?? > > NJ: ?Good good ? but if I may? suppose all of > these future customers decide not to take the risk > and don?t take out the loans. Your, erm, > instruments, will be worthless won?t they? In > which case why are you a genius and why do you > deserve all these bonuses?? > > BM: ?If people are nervous then we?ll just bombard > all media for years with the message. This Time > It?s Different. Or Better Do It Now Before You > Can?t Afford It Next Year. Basically, it has to > work and we?ll continue until it does? > > NJ: ?Well, you?re convincing me! > Ahahahahahahahahahaha ? ok but let?s scenario-test > (that?s a phrase you use isn?t it?) What if the > whole thing implodes ? it won?t but let?s just > pretend ? who will be to blame?? > > BM: ?This is the best bit ? if it goes all tits up > (and between you and me who knows eh? Wink wink) > then governments will give me more money and we > can lay the blame at the feet of the idiots who > took out loans they shouldn?t have!!!? > > NJ: ?You really are a bit of a c*** aren?t you? Big scottish man: NO More boom and bust NJ & Half the EDF: You're a much misunderstood, fundamentally decent man much maligned etc etc etc