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Flowchart tool to help bankers cope with crisis
The chart below has been designed to help bankers deal with their exposure to the credit crisis (although there is no evidence it really did originate within Société Générale). I hope this brings a smile to your face in the otherwise dour circumstances of the subprime saga.
Source: Capital Chronicle More on this topic (What's this?) What is the Best Bank in America? (Money Morning, 11/6/11) How Bankers Use Partisan Politics to Cause Division Among Us (the Underground Investor, 11/22/11) Continental Bank – Banking Whenever You Need It (Money Morning, 11/6/11) 5 comments to Flowchart tool to help bankers cope with crisisLeave a Reply |
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_4.gif)
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By Prieur du Plessis, on March 26th, 2008 posted in: 
Email
ECRI Leading Indicator: Turning for the better?
Roach on U.S. economy, Fed policy, China, Europe
Prieur’s Readings (Jan 30, 2012)
European choices
This is a delightful bit of “gallows humour.”
[...] fun bogus – Flowchart tool to help bankers cope with crisis – The chart has been designed to help bankers deal with their exposure to the credit crisis (although there is no evidence it really did originate within Société Générale). I hope this brings a smile to your face in the otherwise dour circumstances of the subprime saga – Posted by Prieur du Plessis – Investment Postcards from Cape Town [...]
Had no idea the FT picked this up – might have at least provided a hat tip…
Cheers, Prieur.
original post:http://alzahr.blogspot.com/2008/01/socgen-school-of-crisis-management.html
Rawdon: I have changed the source to the link provided. Thank you also for introducing me to Capital Chronicle at: http://alzahr.blogspot.com/. It is a website I will be visiting regularly in future.
Prieur,
I’m the one doing the thanks! I enjoy your site a great deal – I wish you’d cover more SA equity though – and have at last linked up to you.
I have been to SA twice, wrote about it following the last trip a year ago (a v close mate works between Pretoria and Jo’burg) and regularly scour it for likely investments. Just looks vulnerable on the macro front between rates and energy issues; and the companies of most interest to me seem to face significant political risk (eg Aspen).
Have also been following the new REIT legislation from a distance – if you ever post anything on that it would interest one small section of your audience immensely!
Cheers,
Rawdon