Comments on: Back, and an apology of sorts http://www.johnband.org/blog/2008/10/01/back-and-an-apology-of-sorts/ The idle musings of John B Mon, 02 Jan 2012 17:27:31 +0000 http://wordpress.org/?v= hourly 1 By: crossland http://www.johnband.org/blog/2008/10/01/back-and-an-apology-of-sorts/comment-page-1/#comment-65267 crossland Fri, 03 Oct 2008 10:01:35 +0000 http://www.johnband.org/blog/?p=172#comment-65267 What is the Tory plan re - administration and the BOE? I've read Yorkshire ranters posts and it does seem like lying/back of fag packet stuff. Is this fair ? are people missing something about what the tories were proposing for NR and B+B ? What is the Tory plan re – administration and the BOE?

I’ve read Yorkshire ranters posts and it does seem like lying/back of fag packet stuff.

Is this fair ? are people missing something about what the tories were proposing for NR and B+B ?

]]> By: John B http://www.johnband.org/blog/2008/10/01/back-and-an-apology-of-sorts/comment-page-1/#comment-64960 John B Thu, 02 Oct 2008 09:55:28 +0000 http://www.johnband.org/blog/?p=172#comment-64960 Hmm. It's an interesting piece, but basically wrong: although he's correct on the insurance scam and on the general confusion, the underlying loans, in general, <i>aren't</i> bad. That's why the whole current mess is so bizarre and surreal - very few of the assets are 'toxic', but because nobody knows which are or which bank will be irrationally forced into bankruptcy next week despite its underlying assets being OK, nobody's willing to lend anyone anything. Hmm. It’s an interesting piece, but basically wrong: although he’s correct on the insurance scam and on the general confusion, the underlying loans, in general, aren’t bad.

That’s why the whole current mess is so bizarre and surreal – very few of the assets are ‘toxic’, but because nobody knows which are or which bank will be irrationally forced into bankruptcy next week despite its underlying assets being OK, nobody’s willing to lend anyone anything.

]]> By: Larry Teabag http://www.johnband.org/blog/2008/10/01/back-and-an-apology-of-sorts/comment-page-1/#comment-64775 Larry Teabag Wed, 01 Oct 2008 18:26:32 +0000 http://www.johnband.org/blog/?p=172#comment-64775 <a href="http://scienceblogs.com/goodmath/2008/09/economic_disasters_and_stupid.php" rel="nofollow">This</a> was pretty good, I thought. This was pretty good, I thought.

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