Queen baffled at delay in spotting credit crunch

Started by CrackSmokeRepublican, November 11, 2008, 12:38:01 AM

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CrackSmokeRepublican

November 11, 2008, 12:38:01 AM
Queen baffled at delay in spotting credit crunch

November 6, 2008 - 8:41AM
Not amused ... Queen Elizabeth.

Not amused ... Queen Elizabeth.
Photo: Getty Images
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Queen Elizabeth has been given an academic briefing on the origins of the credit crunch and wound up the "lesson" by asking why nobody had seen the crisis coming.

The 82-year-old monarch had the complexities of the current global financial crisis explained to her during the inauguration of a new building at the renowned London School of Economics (LSE).

The origins and effects of the crisis were explained to her by Professor Luis Garicano, director of research at the LSE's management department, the Press Association reported.

Prof Garicano said afterwards: "The Queen asked me: 'If these things were so large, how come everyone missed them? Why did nobody notice it'?"

When Garicano explained that at "every stage, someone was relying on somebody else and everyone thought they were doing the right thing", she commented: "Awful."

http://www.smh.com.au/news/world/queen- ... 91343.html
After the Revolution of 1905, the Czar had prudently prepared for further outbreaks by transferring some $400 million in cash to the New York banks, Chase, National City, Guaranty Trust, J.P.Morgan Co., and Hanover Trust. In 1914, these same banks bought the controlling number of shares in the newly organized Federal Reserve Bank of New York, paying for the stock with the Czar\'s sequestered funds. In November 1917,  Red Guards drove a truck to the Imperial Bank and removed the Romanoff gold and jewels. The gold was later shipped directly to Kuhn, Loeb Co. in New York.-- Curse of Canaan

Ognir

#1
November 13, 2008, 11:00:59 AM
I wonder if her cousin the King of Spain still owns the highways in texas after this credit crunch?
Most zionists don't believe that God exists, but they do believe he promised them Palestine

- Ilan Pappe

sullivan

#2
November 13, 2008, 05:55:30 PM
Quote from: "Ognir"I wonder if her cousin the King of Spain still owns the highways in texas after this credit crunch?
ROTLMAO :)
"The real menace of our Republic is the invisible government which like a giant octopus sprawls its slimy legs over our cities, states and nation. At the head is a small group of banking houses generally referred to as \'international bankers.\' This little coterie... run our government for their own selfish ends. It operates under cover of a self-created screen, seizes our executive officers, legislative bodies, schools, courts, newspapers and every agency created for the public protection."
John F. Hylan (1868-1936) - Former Mayor of New York City
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