Dispatches. How the banks went bust.

Quasar

Well no surprised there.

The banking merry go round got to a stagte where hardly enyone could understand nor control the problems that were arising. Also, the strategy was to make people feel silly iof thei didn't understand the products being peddled.

Collateral Debt Obligation - nobody could really get to grips with all its implication, which led to a global pyramid selling scheme.

AIG was able to do things in the UK that it could never have got away with in the US.

Some of the shameful things discussed in the programme. One hopes that the banks (and, more importantly, the governments who should be policing them) have learnt a salutary lesson, but I'm not holding my breath.

StevieJ

More importantly Keeley is back on :j

Wookster

StevieJ wrote: »

Typical wasteful Wookie

You are a f@cking moron. My post above was tongue in cheek.

Tw@.

PasturesNew

I forgot how late it is already by the time you get home from work, not had tea yet and completely missed the programme.

Watching it on 4+1 now

Snooze

Wookster wrote: »

You are a f@cking moron. My post above was tongue in cheek.

[EMAIL="Tw@."]Tw@.[/EMAIL]

:eek:

Now now ladies :rotfl:.

R

PasturesNew

lostinrates wrote: »

PASTURES NEW!

We've been wondering about you ....:o..but you're ok...phew!

Combination of stuff:
- working on my sites, tiny bit of promoting of them
- flu last week, completely incapacitated and unable to even feed myself properly
- working all day now too

I registered a new domain this morning, I have an idea ... and I might ask for the help of some lovely people here... you're on the list. When I get round to it I need "people"/"members" ... this I think is "the one". The domain I should have built and run 2-3 years ago ...

tomterm8

Didn't watch it. Am bored with badly presented, poorly researched economic programs on TV. Am betting it did the entire "CDO is spawn of satan" "Greedy bankers wrecked the economy" blather.

Personally I think there should be more s e x and violence on TV, these sensible programs just get on my wick.

fc123

PasturesNew wrote: »

Combination of stuff:
- working on my sites, tiny bit of promoting of them
- flu last week, completely incapacitated and unable to even feed myself properly
- working all day now too

I registered a new domain this morning, I have an idea ... and I might ask for the help of some lovely people here... you're on the list. When I get round to it I need "people"/"members" ... this I think is "the one". The domain I should have built and run 2-3 years ago ...

If we are not here, it's because we are 'Elsewhere' YKWIM?.;)

lostinrates

PasturesNew wrote: »

Combination of stuff:
- working on my sites, tiny bit of promoting of them
- flu last week, completely incapacitated and unable to even feed myself properly
- working all day now too

I registered a new domain this morning, I have an idea ... and I might ask for the help of some lovely people here... you're on the list. When I get round to it I need "people"/"members" ... this I think is "the one". The domain I should have built and run 2-3 years ago ...

OOOH, sounds exciting...the new site, not the flu! I hope you are better now....I find the tonic they sell in pharmacies for little old ladies who've had the flu incredibly good,:o if you are still feeling post -fluey

PasturesNew

fc123 wrote: »

If we are not here, it's because we are 'Elsewhere' YKWIM?.;)

You're on my "wish list" too.

And yes, we know where your "elsewhere" is... dirty mare!

Update: Oh, hang on, wrong guess.... got ya! Yeah, I keep checking the bandwidth but don't get the time to pop in. In fact, not checked it today .... it's all OK on that front though.