Thursday, 26 February 2009

Wecome to the B- Ark *

( * The B- Ark is strangely nothing to do with dogs :), but was a spaceship in a U.K. science fiction series , on which all the people with the useless professions were put on , when the earth was destroyed )

Right that cleared up - onward …………………….

I was watching a financial program today , and saw an occupation , that on first thoughts , I’d relegate straight to the B- Ark , right next to the life music composers section , but on further thoughts - maybe not :)

This was a company who specialised in “advising banks” – yes you read that correctly ………………….. advising banks !!!


Now correct me if I’m wrong , but I thought the banks themselves were the absolute experts in their own field , and don’t their managers get massive bonuses for this “skill” , although saying that , the ensuing world recession , says otherwise :)

That aside -

This surely makes all the banks - dispensable middlemen - doesn’t it ? , as their advisors are obviously the people we should be listening to as regards finance,
……….or am I being too simplistic or should that be facetious - here :)