a big guy in a big city

Morons!

Posted: September 14th, 2007 | Author: Bone | Filed under: Rants |
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There was a load of people queuing outside of Northern Rock in Kendal today, presumably taking their cash out and closing their accounts with their bank following the news of their troubles today. Here’s the thing, they have £130 billion worth of assets, yes, billion, they aren’t going to collapse, they will only collapse if the Bank of England collapses. That’s not going to happen. But no, you carry on, cash out, you clearly know a lot more about the banking industry than every expert that’s been on TV all day telling you there’s no need to cash out.

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