Tuesday, October 28, 2008

This is almost funny

Our MBA President at work:
White House tells banks to stop hoarding money
WASHINGTON – An impatient White House is serving notice on banks receiving billions of dollars in federal help to quit hoarding the money and start making more loans.
Now, my understanding is that when British Government recently gave money to British banks, there was a clause in the agreement obligating the banks to use the money for loans.

As I've noted previously, W doesn't believe in contracts that actually work - you know, with clearly articulated 'deliverables' and enforcement clauses.

I'm curious: just exactly how is W "serving notice"???

Again: our MBA President at work!

Stop the madness!!!

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