Saturday, January 29, 2011

Top World Bankers Offer To Sell Golden gate Bridge

Bankers release memo to banking world: Snort, snort, yuk, yuk. It was like clubbing baby seals. Really no challenge at all.


DAVOS, Switzerland (Reuters) – Top bankers adopted a softer tone after high-level meetings at the World Economic Forum on Saturday, thanking governments for shoring up the financial system in the hope of avoiding tighter regulation.


But, in a reminder of the problems banks still face after absorbing billions of dollars of taxpayers' money in bailouts, French Finance Minister Christine Lagarde said financiers needed to show real thanks by changing their behavior.