Wed 26 Mar 2008
Flowchart tool to help bankers cope with crisis
Posted by Prieur du Plessis under Investment
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
5 Responses to “ Flowchart tool to help bankers cope with crisis ”
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March 28th, 2008 at 2:32 pm[…] 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 […]

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March 27th, 2008 at 3:02 am
This is a delightful bit of “gallows humour.”
March 30th, 2008 at 1:11 pm
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
March 30th, 2008 at 2:39 pm
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.
April 10th, 2008 at 9:59 am
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