Sweet Smell Of A Kill

Assets under high stress, And bad debts in excess— To banks an awfully bad odour, A good kill to sharks, to banks grapes sour, To Chris Flowers, sweet smell of success! And those that caused this smell, Big cats, who'd tie a bell? May God's grace our good governance bless. ________________________________________________ The stinking foul smell of non-performing assets of banks is in air. Today, world seems fond of euphemisms, but it means bad loans and bad dreams for the banks. Yet, a good opportunity is it for the vultures of Wall Street who like its stinking odour. What for the banks is bad-debt, is for these sharks a lip-smacking bet. J Christopher Flowers is one such man. _____________________________________________________ Happenings | 05.03.16 |