Fact 1, Bollocks 0

Yesterday was a fine day for bollocks. As the marketing men say, it was a bollocks-rich space.
There was more drivel about how bonuses are irrelevant and why Goldman Sachs may move its offices to Hong Kong or somewhere. Siberia would be my choice, but against the tide of self-exculpation was this little factoid in the Telegraph business section.

If the banking sector had spent 20% less on senior management bonus distribution between 2000 and 2008, that would have added another £75billion of capitalisation to their balance sheets. While not the total spent on bailout last year, it is the amount spent on UK recapitalisation by Salvador Darling. And if that hadn’t been necessary, neither would the £870 billion we all coughed up to save the oinkers from their lending policies.
“Ker-pow!” as Yogi Bear used to say. Smoking gun fired into foot of society by banker attempting to end life,but missing.
Stay long in rope futures. Buy lamp-posts. You know it makes sense.