Wednesday, January 21, 2009

Consternation in Mayfair

Shoot the bankers, nationalise the banks, the Financial Times demands. Yes, really.

We live in interesting times.


GZ said...

Interesting indeed.

In the Economist,

Public ownership may be unpalatable to many but it is just as difficult politically for governments to keep injecting money into banks without wiping out their owners... It may not be imminent or desirable but the spectre of nationalisation haunts the sector.

Paul said...

"Wiping out their owners" is an elegant turn of phrase.

Anonymous said...

I second that.