Compiled by Bob E.
Exhibit One, in the comments to a recent post on this here 'blog:
Graeme said...
"Wow! that is some discrepancy to be overdrawn 260k against a facility of 1.5K. What exactly were the bankers doing? Did no one ask for security?"
Mark Wadsworth said...
"G, bankers got paid when they made loans; not when loans were repaid :-)"
Exhibit Two:
Bankers at Allied Irish Bank and Bank of Scotland "had been falling over themselves" to lend more than £750m to the confidence trickster Achilleas Kallakis, a judge has said, carrying out only cursory checks that failed to reveal he was a serial conman, not the extravagant Mayfair property baron he was purporting to be.
Friday, 18 January 2013
As if to prove a point...
My latest blogpost: As if to prove a point...Tweet this! Posted by Mark Wadsworth at 09:57
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