Sunday, 5 October 2008

Sir Richard Mottram's Verdict Applies

Even with the third highest compensation on offer for deposits, after Ireland (100%), Norway (euros 250,000) and then Italy (euros 103,000) plus a conservative and relatively unscathed banking system, the time has come to collect the cash from the bank at the bottom of the hill - anything over 103,000 euros that is. It could be spread around, there's more than one bank down there next to the gold factories but, just for a bit, I have got out the freshly laundered ticking mattress covers and will fill them with something other than cleaned lambswool.

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