Monday, March 17, 2008

Today's Award for Stating the Bleedin' Obvious....

...goes to Philip Shaw, chief economist at Investec, who said:

"Five billion pounds represents a substantial sum."

I can see why he holds down that job, with such a tight grasp of quantitative analysis :) Actually, to be fair to Mr Shaw, I'm sure the quote was plucked from a longer answer to a hardcore question around the turmoil in today's financial markets (this sentence is the one to protect me from a defamation suit- can you tell?).

No comments: