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Bankers - An Apology

last updated: 10 October 2009
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Here's something sent in by one of our readers.

Bankers take it on the chin for screwing up the world

'We're sorry we listened to your pension fund managers demanding we made higher profits, in order to drive up our share prices and raise the value of your savings.

We're sorry Gordon Brown didn't give the Bank of England powers to take away the punch bowl by raising interest rates in response to rising house and share prices

We're sorry we lent you four times your salary to over-pay for your new house.

We're sorry we lent the guy who bought your old house a 100% mortgage on that over-inflated price you were so happy about at the time.

We're sorry your son didn't stay living with you until he was 28 whilst he saved up a 15% deposit.

We're sorry he got that 'cool' job producing adverts for the latest mobile phones instead of becoming a boring swot, studying engineering, and actually making things.

We're sorry we allowed your sister to re-mortgage and build that conservatory.

We're sorry your daughter ever got a job in retail, selling stuff that was mostly bought on credit.

We're sorry your brother-in-law made such good money fitting kitchens in buy-to-let flats that we all now realise should never have been built.

We're sorry we lent you the money to buy a new BMW even though, given your finances, you should have stuck to a second-hand Focus.

We're sorry we gave you a second credit card to buy that 42" plasma TV instead of saving up for it.

We're sorry the media created a world where those who saved instead of spending on emulating "celebrities" were classed as boring.

We're sorry we joined in with the public, the media, and the government in believing that house price rises were both a good thing and a one-way bet (Hands up - that was truly dumb).

We're sorry. We've learned our lesson. We promise we won't do it again.

Source - Unknown

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