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Um, if the guy were a bank he'd only have about 8% of the value of his liabilities stashed away according to Basel II...

Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith
by Migeru (migeru at eurotrib dot com) on Tue Jan 6th, 2009 at 04:43:14 PM EST
[ Parent ]
Those would be lost by the bad turn of the economy ; I was thinking along the lines of "bag of diamonds in a coffer in a tax heaven"...

Un roi sans divertissement est un homme plein de misères
by linca (antonin POINT lucas AROBASE gmail.com) on Tue Jan 6th, 2009 at 05:01:43 PM EST
[ Parent ]
He'll have a new medal soon - that's certain to be worth something on eBay.
by ThatBritGuy (thatbritguy (at) googlemail.com) on Tue Jan 6th, 2009 at 06:49:26 PM EST
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