 CHIT CHAT [Councils invested £1bn in tiny volcano surrounded by fish] |
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Posted on 10th Oct 2008 at 16:42
| COUNCILS INVESTED £1BN IN TINY VOLCANO SURROUNDED BY FISH |
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'Iceland - If you're really into lava'
LOCAL authorities across the UK were yesterday stunned to discover that Iceland is nothing more than a volcano surrounded by two million haddock.
As the volcano's banks refused to pay out, councils said they were convinced Iceland was a small, landlocked country next to Belgium with a long history of expert financial management.
But after 15 minutes on the internet they confirmed it was nothing more than a slab of stinking lava populated by a handful of wilfully eccentric musicians and half a dozen heavily bearded trawler captains.
Julian Cook, director of finance at the Local Government Association, said: "I meant Luxembourg - shit!
"I suppose the haddock-shaped piece of lava with every new account was probably a clue."
Mr Cook is now demanding £1bn of taxpayers' money in compensation for losing £1bn of taxpayers' money.
He added: "When the taxpayer is exposed in this way it is only right that central government should step in with its own funds, wherever they come from."
But the Treasury has so far refused, criticising the councils for investing huge amounts of public money in badly run banks.
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Posted on 10th Oct 2008 at 18:47
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Posted on 10th Oct 2008 at 21:51
Lol @ Julian
I was at an investment seminar a few weeks ago (I know how to live!) where concerns about the Icelandic banks were being voiced by fund managers.
I think that these experiences provide evidence that professional/expert advice is so important.
email: charmian@poldenfs.co.uk
tel: 07899983478
Group leader of Bridgwater - the birthplace of 4Networking
Next meeting: Thursday 4th December
http://www.4networking.biz/events/4192.htm
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Posted on 10th Oct 2008 at 23:00
I can forgive Iceland because of all the fit women that live there.
Gud day Shelia's
Brad's Aussie counterpart / mate.
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Posted on 11th Oct 2008 at 07:32
I thought Iceland was where Mum's went
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Posted on 11th Oct 2008 at 13:17
Quote:
I thought Iceland was where Mum's went
Mmm, Alabama Fudge Gateau (only 99p)
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Posted on 11th Oct 2008 at 13:20
From
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Posted on 11th Oct 2008 at 13:33
More practical advice from Julian..I'm in.....
 Paul Norman
Gibside Associates - a different approach
www.gibside.co.uk
Management Training - Seminars - Internal Branding - Change Management
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Posted on 11th Oct 2008 at 13:42
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I can forgive Iceland because of all the fit women that live there.
What, Kerry Katona?
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Posted on 11th Oct 2008 at 13:43
Quote:
Quote:
I can forgive Iceland because of all the fit women that live there.
What, Kerry Katona?
Oh no...!!!...who lined up that one for Stef!!!!!!!!!!!!!!!!!!!!!!!
Paul Norman
Gibside Associates - a different approach
www.gibside.co.uk
Management Training - Seminars - Internal Branding - Change Management
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Posted on 11th Oct 2008 at 22:33
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