Yadayada

Wednesday, May 31, 2006

Running the rapids

We had walked mile upon mile of oak leaf lined, weeping willow draped riverside ways, through flower infused meadows, over well designed stiles but midge ridden, cow-shit filled fields and stinging nettles followed a bad turn.

The Thames meandered away.

“It will come back.” we said more to reassure ourselves than from outright belief, our feet getting heavy with mud and the wrong path that turned to a lane and the lane to a road; before we knew it the drone of low pitched juggernauts screamed past.

We had left the Tolkien Hobbit Telegraph Oxfordshire the night before on our long riverside trek back to London.

When the ogre Inn keeper’s untrusting face, broken and blotched, traced with red vessels of cruelty, snarled at us for raw cash – “NO credit or debit cards”, we knew something had changed.

As the red crossed flagged pubs professing wide screen plasma world cup football became too frequent to avoid it was clear we were deep within the Daily Mail Goblin realm: the suburbs of Reading.

We had to get back to the river.

Our map, its PDF gleamed off the internet and printed out, was no help. It had a big purple square, describing a point of interest, somewhere else, covering up where we were.

Above the square was the way out. North of the river the correct Thames path leafily beckoned and the map showed two ways across: a private barbwire guarded weir and lock called Shiplake or an alternative and controversial dangerous run of the gauntlet across a railway bridge. If we could only navigate the unknown way through the purple square obscured suburbia we may get back to government endorsed footpaths.

We were a fellowship. A trusty band of progressive urban yuppies. People like us had made inner city London too expensive for any mortal to live in – no suburbia could stop us….

Thursday, May 18, 2006

...

'I have of late, but wherefore I know not, lost all my mirth and indeed it goes so heavily with my disposition that this goodly frame the earth seems to me a sterile promotory; this most excellent canopy the air, look you, this mighty o'rehanging firmament, this majestical roof fretted with golden fire; why, it appeareth nothing to me but a foul and pestilent congregation of vapours. What a piece of work is a man, how noble in reason, how infinite in faculties, how like an angel in aprehension, how like a God! The beauty of the world, paragon of animals; and yet to me, what is this quintessence of dusk. Man delights not me, no, nor women neither, nor women neither.'

Saturday, May 06, 2006

Systemic Failure

"You know when you were little and you heard of businessmen complaining about red tape?" My boss took his jacket off and threw it across his chair for effect.
"Well this is it!"

He had just come back from a meeting with external financial regulators who had finally found us.

In the past they had let us alone - we were cutting edge - we were making money. Ignorance and profitability had protected us - but two years is a long time these days. We had become phase 3. Other banks now do the same thing and Government regulators and pointless middle management had finally understood.

With understanding comes regulation.

I put my iPod back in ears - I knew what was about to happen. I had seen it before.

...

An hour later I got an email from someone at the FSA. Sadly it wasn't a lucrative proposal for a squealer and witness protection but an old friend who wanted a beer.

After talking about Wayne Rooney he explained the FSA's position.

"Look if Goldman Sachs go under - we won't really give a shit. Some rich people get miserable - it is their problem. As long as the board has told the stake holders their intensions we have no problems with bankruptcy. That is capitalism."

"So what are you doing harassing everyone?" I asked

"We are worried about systemic failures."

"Systemic Failures?"

"Yeah - like this small Leeds based mortgage company I was looking into today - they have 80 billion pounds of mortgages on London property and no other assets to back it up." he said taking a sip from his beer.

"And..."

"Well there are lots of companies like that - thousands - all run by muppets. If they all go under - say if there is a Tokyo like crash then well - then it would be a systemic failure - comically - for the whole country. Hence we come down heavy on you because if we don't we wont be able to watch them."

"Wow - what about the Bank of England?"

"We don't talk to them anymore."

"Want another beer?"

"Yeah why not"

Monday, May 01, 2006

Small world

Small world indeed. Yet one inextricably entwined with the occult.
Turns out I did know someone at the barbeque. By a scary small world coincidence an old friend was there I hadn't seen in years. And by a spooky small world coincidence he went to school with James Blunt and even shared a dormitory with him.
"Got any tabloid gossip then? Vigorous masturbator? Prolific bed wetter? That kind of thing?"
"No nothing like that. He was scared of ghosts though."
"As we all should - you don't want to fuck with the supernatural!"
"He was always seeing an old lady - used to scare him witless."
"The worst kind."
"Oh yeah."