Whilst at his club Baxter introduced me to an old dear friend of his who has just retired from the hedge fund industry and has just gone through a divorce to boot, delightful chap, name of Finbar something or other. We spoke late into the evening about all manner of things, but mostly about the state of the country, the economy and the population. His company took a bit of a battering with the whole "sub-prime" fiasco but like most hedgies I have met weathered the storm and came out making a damn fine profit.
I myself have never trusted banks, I have invested in various things over the years, antiques, wines, art, property, land and such forth so I have never had the joy of dealing with banks to the level that most of the prols do. And i for one am very thankful for this.
I have been reliably informed that we should have let HBOS and Northern Rock fail instead of propping them up with tax payers billions and to this end do empathise with peoples outrage, they should have gone the way of Lehman.
But, thats my knowledge of money. And it is true what they say it is the root of all evil. And declaring war in the name of god. But best not talk about that one.
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