Saturday, September 15, 2007

BBC Bank

I see that the BBC is splendidly fulfilling its educational remit, as ever. Publishing this entertaining graphic on the BBC news website under the banner "What's Happening At Northern Rock?" they are carefully explaining the current situation re: this wobbly British financial institution, hit for six by the US sub-prime mortgage debacle, to ordinary people in a few colourful, easy to understand icons. Auntie Beeb is playing its role as Nanny, explaining in a rational and delightfully middle-class way to the nervous people forming long lines outside Northern Rock branches up and down the country, ordinary savers withdrawing their hard-earned money before it is too late, that all is very probably well.



It's nice to see how responsibly they are doing their best to disseminate common sense and thus avoid the financial panic spreading. I for one am deeply reassured. Now I will paint the windows white, and hide with my life savings under a mattress.


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