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Latest financial update from the city - 19th January 2009
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Damp Squib Gordon

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The Boobs (spoof of The Sun)
RBS To Be Renamed Royal Ballsup Of Scotland
Northern Cockup To Increase Lending

Just minutes after changing its name to The Royal Ballsup of Scotland, the institution may have to drop the Royal bit and also the Scotland bit, too, as its share price nudges ever closer to 0p today. This would mean that the newly named bank would be known as The Ballsup.

This after The Ballsup announced record losses of anything between £7-£28bn.

Explaining why the bank can't say what their actual losses were for last year, a spokesman wept and screamed:

"It's too complicated to say exactly why, but just suffice it to say that The Ballsup made a loss between £7bn and £8bn on the profit and loss account because of some stuff. But we also lost £20bn on our balance sheet, which hasn't been transferred to the profit and loss account because of ingenious accountancy that got us into this mess in the first place. Where's Cambridge Physics graduate Jerry, he did it all, he could explain more but I'm not sure where he is at the moment - he's left me a formula for his telephone number."

RBS shares fell to 13p today, unlucky for some. Anyone still holding the shares are advised to call The Samaritans.

In other news: The Northern Cockup is to start lending again to anyone with a weee-iii accent. If you think you sound like a Geordie phone this number now...

19 Jan

 

 
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Flashless Gordon

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Daily Moan (Spoof of Daily Mail)

Lloyds Bank To Be Renamed LaughingStock Bank

Lloyds TSB, who now look really stupid for taking over what now appears to be the most toxic bank in the world, HBOS, is to be made the subject of a new BBC comedy series called The 43% ers, we have discovered down the pub at lunchtime.

The bank is currently 43% owned by the taxpayers, but that percentage could rise significantly making a mockery of the comedy series name, which is yet another example of the BBC's incompetence.

An expert in w*nking told this website:

"At the time Lloyds takeover of HBOS seemed like an opportunity too good to miss. Hey ho tiddly dee. They should have missed it. Ha Ha."

Calls for loss making bank executives to be sued or sent to prison were growing last night after naughty words were written on the toilet walls of some of Britain's biggest banks.

19 Jan

 

 

Gormless Gordon

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Dully Mirror (Spoof of Daily Mirror)

W*nker Bankers

Voice Of The Mirror

Banks, some as old as 350 years, were given a handout today. Gordon Brown, quickly moving after four months to continue his rescue plan, said it was time for banks to start lending again again again.

"Money, some as much as £500 billion, should be handed over to any customer who wants it", said one banking analyst who now works for a chip shop in Croydon.

"It's time for banks to give money to people" said an old lady. "I've been standing here for the last three hours and not one banker has offered me anything. They're all a load of greedy bastards."

19 Jan