Letters to the Bouncy Banker...

Letters to the Bouncy Banker...
...from a struggling artiste.
Showing posts with label ninja loans. Show all posts
Showing posts with label ninja loans. Show all posts

Saturday, August 20, 2011

Neutron Loans, Zombie Banks, What on Earth?

This is the first time I have heard the term "neutron Loan":


A neutron loan explodes, destroying the people but leaving the buildings intact. When I was a kid there was a lot of talk about atom and neutron bombs. I made a cartoon about an evil English school boy genius who created a bomb that destroyed buildings but left the people intact. Not as evil as neutron loans...or ninja loans wherein the borrower has no income, no assets and no job!!

Oh, and Zombie Banks are back according to Larry Elliott, financial analyst at Guardian Weekly