If it's hard to imagine what £3.7bn looks like, it's even harder to picture an absence of £3.7bn. Presumably it resembles a dark, swirling vortex, like a portal to another dimension in a supernatural thriller. All the money got sucked into it, and emerged ... um ... where? Where's it gone? Is it lodged away somewhere to the side of the stock market, slightly to the left of the screen, where computers can't get to it?
Do the merchant bankers, the futures traders, the private equity specialists, the fund managers, the whole damn crew of over-paid pillocks swanning around the city, know what they are doing? Or are they just blundering around in a fog, like the rest of us?
1 comment:
Of course, it's wrong to say that £3.7bn has gone "absent". It's still there, just in the hands of different people -- people who were smarter than the man from Société Générale.
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