The Global stock markets continue their gyrations and once again it is the Banks under the spotlight.
Many of us find it incomprehensible that despite all the evidence to the contrary the Banks still seem to behave with a staggering arrogance towards their Shareholders and their Customers alike.
The level of their incompetence is only matched by the level of their arrogance.
Whilst the would be Masters of the Universe dream up more and more exotic financial instruments destined to lose more money their counter parts at retail level have turned Branches into a cross between a Disneyland and a Fast Food Outlet complete with piped muzak and garish Staff uniforms.
Who on earth has dreamt up this theme park approach to Banking? I don’t want to become friends with the Bank’s representative extolling me to “have a nice day” I just want a good professional service.
As we are witnessing yet again, the Corporate Bankers are even more incompetent, it’s just that there rewards are more lavish. Is it any wonder we find ourselves once again staring into the abyss when the calibre of these Bankers is so poor. Bear in mind the European Banks now have an estimated exposure of £258 billion arising from the Debt Crisis.
Would you really feel confident sending them out to get you a sandwich?
Far from letting them have access to more money to fritter away we would be better off giving them a payment to go now before they wreak any more damage.
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