Saturday, November 28, 2009

I love this quote. It's so Orwellian.

The large unintended consequences of stricter regulations might be that some of your bankster thugs might move out of the country and you would no longer have to bail them out of their billion pound boondoggles. It sounds like a win-win to me. Just don't send them here to the States'.

in reference to:

"The UK is a small place in a very big world and if we hobble our banks with obligations that are totally different from those that are put in place elsewhere there are large unintended consequences that could do us harm.”"
- Former RBS chairman has £55k new job - Herald Scotland | News | Home News (view on Google Sidewiki)

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