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Old 7th October 2008, 01:26 PM   #1 (permalink)
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Credit Crunch

In the past three days, the Origami Bank has folded, Sumo Bank has gone belly up and the Bonsai Bank has decided to cut some of its branches.

Yesterday, it was announced that the Karaoke Bank is to be sold and is likely to go for a song while, today, Kamikaze Bank shares were suspended after they nose-dived.

Samurai Bank has announced that it will soldier on but deep cuts are expected and Ninja Bank says it has taken a big hit but remains in the black.

500 staff at the Karate Bank will get the chop and analysts report something fishy going on at Sushi Bank where investors are expecting a raw deal.
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Old 7th October 2008, 02:01 PM   #2 (permalink)
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hehe lol
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Old 7th October 2008, 03:44 PM   #3 (permalink)
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Oh...and a bank in Iceland has frozen its accounts!
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Old 7th October 2008, 06:08 PM   #4 (permalink)
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Funny but true
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Old 7th October 2008, 06:27 PM   #5 (permalink)
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Haha yep

Seriously though, nearly at the endgame now, are you all prepared?
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Old 7th October 2008, 06:31 PM   #6 (permalink)
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Today the Voices told me to clean all the guns

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Ban Baby Oil and stop the senseless slaughter
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Old 7th October 2008, 07:19 PM   #7 (permalink)
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all high street banks are now in talks with the goverement to bail them out were in the shite
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Old 7th October 2008, 07:23 PM   #8 (permalink)
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LOL, that's OK then.
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Old 7th October 2008, 07:32 PM   #9 (permalink)
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Old 7th October 2008, 07:33 PM   #10 (permalink)
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you sick man lol yeah hasnt affected me one bit yet lol
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Old 7th October 2008, 07:43 PM   #11 (permalink)
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you sick man lol yeah hasnt affected me one bit yet lol
Sick? Why, it's only things returning to a level they should be at.

The banks can't afford to pay back the money they've borrowed. If I had a bad gamble on the football next week and it didn't come off, would the taxpaying public bail me out?

People take on 125% mortgages - hang on, aren't they immediately into negative equity or am I missing something? And they run sobbing to the govenment saying they need help.

Some people are losing their jobs - they were on borrowed time already, working in an industry that couldn't support them.

So while I have sympathy for people who suffer from the knock-on effect in the short term, I think it's plain it couldn't all last isn't it?

I've suffered 5 years of people bragging 'oh, my house has doubled in value, ha ha, haven't I done well, look I'm a millionaire' - only for them to realise that it isn't worth the paper it's printed on.

Roll on 2011 and I'll be surfing the crest of the next wave - upwards.
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Old 7th October 2008, 07:57 PM   #12 (permalink)
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very true TIB but I lost my job and I have a baby on the way so I'm not too happy the now.
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Old 7th October 2008, 08:01 PM   #13 (permalink)
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very true TIB but I lost my job and I have a baby on the way so I'm not too happy the now.
But was that due to the economy slowing or due to being undercut by cheaper workers.
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Old 7th October 2008, 08:02 PM   #14 (permalink)
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