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Parris on the financial crisis 18, December 2008

Posted by thegulfblog.com in Random.
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Here’s the best commentary that I’ve seen on the financial crisis yet from Matthew Parris of The Times of London.

 

To the tumbrils, I say. I want show trials. The public are in for great grief next year. A consolation would be to see some of these cuff-linked Catos of conventional City wisdom carted through the streets and pelted by the crowd. I want TV interrogations before jeering studio audiences.

I want to see hedge-fund managers tipped into cage fights with naked Gypsies; bank managers wrestle with lions in the O2 arena; failed regulators thrown to alligators in the Royal Docks; short sellers in pits of snakes; and distinguished City economists try their luck with sharks. They’ve had their heyday, their bonuses, their Porsches, their fine wines and oafish ostentation – they’ve had their fun. Now for ours.

To the guillotine!

 

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