(Link to background)
Dear reader, the slogan of BNP where i have my checking account here in France roughly translates as ' the bank for a changing world'. French business and real estate/property is shamfully lacking access to credit (apart from state and regional projects). It is/was
(even prior to la Crise in Autumn 2008) common for me to hear folk complain about not being able to get house loans/mortgages regardless of their income but yet BNP Paribas and all French (non mutual) banks has lent irresponsibly to the Greeks that finally the day of reckoning approaches. How many times was I told with a wagging finger.......( in a Gallic accent)
'Zee Anglo saxon banking model izzz finished and YOU and your Anglo American friends are responsible for la crise (the crisis)"
Tuesday, 13 September 2011
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