Once upon a time banking was a staid though honest profession. Then the wide boys took over. We have all been sickened by the avarice , meanness and pure unadulterated self serving greed that has come to symbolise the banking sector.

What is more, they have got us all by the short and curlies.  Currently there is little that can be done without kow-towing to the  bastards. Savers get a pitiful return while borrowers are charged loan-shark rates.

But things are changing. The old adage that necessity is the mother of invention has come to the fore and there are a host of small companies setting up to enable what has become known as micro-finance or peer to peer lending. It is revolutionary and it works.

I look forward to the day when the likes of  banker boys start looking nervously over their shoulders and start worrying about their jobs like the rest of us poor suckers have had to do because of their incompetence and greed.

Then there are the assorted European Bailouts. High farce if there ever was. If it were not so serious the whole thing would be  utterly hilarious.

Here are my posts on Finance, Banking and Micro Finance. I have not placed the micro finance company  Kiva in here. Posts about Kiva are listed in my Foreign Aid page.

August 2011

Does A Dead Cat Bounce? If Named Footsie?

June 2011

Banking Foreign Aid and Pensions

April 2011
Gordon Brown to Head IMF

March 2011
The Best ISA is not an ISA

February 2011
When PIIGS have wings

January 2011
A Business Banking Rebellion
The Bankers Achilles Heel

November 2010
The PIIGS Who is Next?
The Euro Crisis. Relying on Germany