European Tribune - Comments - In praise of bankruptcy

In praise of bankruptcy | 37 comments (37 topical, editorial, 0 hidden)

Re: In praise of bankruptcy (4.00 / 2)

Bloomberg.com: RBS, Barclays in Talks on U.K. Government Funding

The U.K. government may invest at least 45 billion pounds ($79 billion) in banks including Royal Bank of Scotland Group Plc and Barclays Plc to bolster capital depleted by mortgage-related losses, two people with knowledge of the situation said.

"Dieu se rit des hommes qui se plaignent des conséquences alors qu'ils en chérissent les causes" Jacques-Bénigne Bossuet

by Melanchthon on Tue Oct 7th, 2008 at 07:01:34 AM EST

Re: In praise of bankruptcy (none / 1)

Barclays?

[The Twank's HOLY SHIT!™ Technology]

The endgame is fast approaching.

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith

by Migeru (migeru at eurotrib dot com) on Tue Oct 7th, 2008 at 07:14:15 AM EST
[ Parent ]

Re: In praise of bankruptcy (4.00 / 3)

That's why they've been writing so many letters to me about my overdraft, the gigs up, I am the one responsible for the financial collapse of western civilisation, I may as well admit it all now.

Any idiot can face a crisis - it's day to day living that wears you out.

by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 7th, 2008 at 07:16:49 AM EST
[ Parent ]

Re: In praise of bankruptcy (none / 1)

But... but... what will happen to the Premiership?

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith

by Migeru (migeru at eurotrib dot com) on Tue Oct 7th, 2008 at 07:20:20 AM EST
[ Parent ]

Re: In praise of bankruptcy (none / 1)

The owners will all become Russian, Chinese and Indian.

Any idiot can face a crisis - it's day to day living that wears you out.

by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 7th, 2008 at 07:27:16 AM EST
[ Parent ]

Re: In praise of bankruptcy (none / 1)

They could sell the sponsorship to HSBC...

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith

by Migeru (migeru at eurotrib dot com) on Tue Oct 7th, 2008 at 07:35:21 AM EST
[ Parent ]

Re: In praise of bankruptcy (none / 0)

perhaps they'll move all the teams abroad.

Any idiot can face a crisis - it's day to day living that wears you out.

by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 7th, 2008 at 07:44:16 AM EST
[ Parent ]

Re: In praise of bankruptcy (none / 1)

It's probably the most valuable thing on their books at the moment.

by ThatBritGuy (thatbritguy (at) googlemail.com) on Tue Oct 7th, 2008 at 08:55:00 AM EST
[ Parent ]

Re: In praise of bankruptcy (none / 0)

Oh man, my fame precedes me. And this early in my A.M.

In the end, might makes right. Nothing has changed since the caveman.

by THE Twank (yatta blah blah @ blah.com) on Tue Oct 7th, 2008 at 07:21:15 AM EST
[ Parent ]

In praise of bankruptcy | 37 comments (37 topical, 0 editorial, 0 hidden)

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