Revise the Theory of Surplus Value, Otto...

Actually most banks sit on huge assets but they are unrealisable - eg. bricks & mortar, staff, etc. or in other investments such as mortgages and loans. All these banks are in debt to one another in extraordinarily complicated ways that no-one really knows who is ultimately in credit or not. It's perfectly possible for banks on both sides of the deal to look like they're both in profit depending on the pricing models they use, which is part of the original problem...

Posted By: BerlinCanary on October 10th 2008 at 15:19:52

Message Thread

FTSE down 9%, CAC down 10%, DAX down 10% (General Chat) - shoddy, Oct 10, 14:48:29
- I know it might be good news for all of us but... (General Chat) - pieman63, Oct 10, 15:42:43
- We should all go to the stock market and sing "Where's the money gone?" (General Chat) - Ottosson Foxtrot, Oct 10, 15:18:41
  - cool (General Chat) - Tombs, Oct 10, 15:34:55
  - sing (General Chat) - cityfc, Oct 10, 15:26:43
- What I don't get about all this, right (General Chat) - Ottosson Foxtrot, Oct 10, 15:12:33
  - Revise the Theory of Surplus Value, Otto... (General Chat) - BerlinCanary, Oct 10, 15:19:52
  - In a Spreadbetters trousers (General Chat) - Small, Oct 10, 15:16:58
    - me too (General Chat) - blindasabat, Oct 10, 15:22:06
      - The multiplication function consumption graph (General Chat) - Small, Oct 10, 15:27:01
        
        y'see, i don't even have the foggiest what that means anymore (General Chat) - blindasabat, Oct 10, 15:35:27
  - Worthington spent it on Andy Hughes's feature length DVD (n/m) (General Chat) - pants, Oct 10, 15:15:59
    - Oh yeah, all those tracking shots of Hughes shanking the ball out of Layer Road (General Chat) - Ottosson Foxtrot, Oct 10, 15:16:55
      - in slow mo, to a soundtrack by Sigur Ros. (n/m) (General Chat) - Ken Dodds Dads Dog, Oct 10, 15:26:43
  - Jesus H Corbett, Otto. Where is the money? You know this. (General Chat) - Arizona Bay, Oct 10, 15:14:18
    - Yeah, I know really rich people have got it, but are any countries in the black? (General Chat) - Ottosson Foxtrot, Oct 10, 15:16:27
      - From Private Eye #1219 (General Chat) - BerlinCanary, Oct 10, 15:32:00
      - you are kidding right? (n/m) (General Chat) - Tombs, Oct 10, 15:27:09
      - Canada's top of the league bankingwise (General Chat) - blindasabat, Oct 10, 15:20:36
        
        Made up country... (General Chat) - Ken Dodds Dads Dog, Oct 10, 15:22:42
        
        Everything is always fine in Canada, isn't it? (n/m) (General Chat) - Ottosson Foxtrot, Oct 10, 15:21:39
        
        Blame Canada! (n/m) (General Chat) - Small, Oct 10, 15:28:31
        
        only since Carl Bobinson went there (General Chat) - blindasabat, Oct 10, 15:26:39
        
        We paid money for him (n/m) (General Chat) - pants, Oct 10, 15:35:15
        
        Canada didn't (n/m) (General Chat) - blindasabat, Oct 10, 15:36:04
        
        I suppose they were foolish enough to double his money (n/m) (General Chat) - pants, Oct 10, 15:40:50
        
        As a callow youth I always entertained the idea of emigrating to Canada. (General Chat) - Arizona Bay, Oct 10, 15:25:50
        
        ...and not get shot at. (n/m) (General Chat) - Ken Dodds Dads Dog, Oct 10, 15:28:14
        
        Not the French bit of Canada, though. (General Chat) - Arizona Bay, Oct 10, 15:26:31
      - Bristol. Not rich people, Bristol. (n/m) (General Chat) - Arizona Bay, Oct 10, 15:17:24
        
        Oh. Of course. How silly of me. (n/m) (General Chat) - Ottosson Foxtrot, Oct 10, 15:18:10
- size of my cock is down 7% - but i'm not too worried..... (General Chat) - Cheltenham_Canary, Oct 10, 15:12:03
- IT'S COMPLETE PANIC MELTDOWN! (General Chat) - Small, Oct 10, 14:58:21
  - We're DOOMED I tell ye. (n/m) (General Chat) - DrDublin, Oct 10, 15:04:27
    - Nah....It's ok now. Obama's just came on the t.v and said "don't be scared" (General Chat) - Small, Oct 10, 15:13:43
      - McCain looks like he's operated by remote control (n/m) (General Chat) - yarmyyarmy, Oct 10, 15:25:11
  - apart from when was arsing about the other day. (General Chat) - shoddy, Oct 10, 15:01:27
    - It certainly isn't. Half a trillion pounds could soon be going up the spout (General Chat) - Small, Oct 10, 15:06:13
      - Can we not just go into administration and start again with -15 points? (n/m) (General Chat) - Ken Dodds Dads Dog, Oct 10, 15:20:41
      - Tangible relief sweeps over me. (n/m) (General Chat) - DrDublin, Oct 10, 15:17:17
      - except Iceland... (n/m) (General Chat) - blindasabat, Oct 10, 15:10:10
        
        True. But at least those idiots have had a proper party for the last 10 yeards (n/m) (General Chat) - Small, Oct 10, 15:18:41
- Sky says they will be suspended today (General Chat) - blindasabat, Oct 10, 14:50:26
- I bet all those people with cash under the mattress or buried in the garden are roight (General Chat) - megson, Oct 10, 14:49:35
  - All about Nationwide innit (n/m) (General Chat) - Brandonio, Oct 10, 14:52:08
    - loving nationwide (General Chat) - shoddy, Oct 10, 14:56:23
      - Wish i had more placed with them, highlighting the risks of those that switched though (General Chat) - megson, Oct 10, 15:03:44

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