Sunday, 12 October 2008

Just like that...

The British Government has used anti-terror legislation to seize £4 billion of Icelandic assets held in this country. According to Treasury Chief Secretary Yvette 'Mini' Cooper, speaking on the Andrew 'Yo-Yo' Marr show, the assets will be "frozen" (geddit?) until the Icelandic authorities have determined how our investors are to get their money back from the collapsed banking system. It is estimated that there are some £3 billion worth of investments held in Iceland by various UK councils, charities and individuals, but this shrewd move will leave us in profit to the tune of £1 billion. Now that's what I call creative accounting; screw the foreigners, this could work in our favour. Crisis, what crisis?

Today's Haiku Film Review:

It's A Wonderful Life (1946) -

A run on the banks!
Unimaginable now,
But scary back then.

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