91 banks have been closed so far. The latest is Corus.The world is anxiously waiting for the first century. It is well within the reach.Can we anticipate a closure before the year is out, or even ahead of it?
What does these foreclosures or collapse to put the process in a rude format mean?What do they elucidate?What do they interpret?
They drive us mad. They make us panic. They move us adrift. We sail in an unknown direction. The banking regulations have exhibited a weak stricture. They have exposed a punctured dogmatic interlude. They have manipulated a distinctive deviation from the accepted purview. A sober sullenness is destined to happen, or more so has settled in the banking sphere. The mitigated suffering thrusts sarcastically as a prolapsed weird symptoms persists.
The regulators have engrossed themselves in analysing the furrows and furore that kept the banks in an unholy, unruly mess. The discrepancies that provoked the shut down of the banks reveal a great device of fault and error, a considerable procedure of deceit and derailment, a consolidated prediction of falsehood and irrationality.These annihilated anomalies assembled together to mesmerize the investor in particular , and the government at large . The former, unaware of the deformity in depth, but aware of the glamour in the apparent virtuoso , trusted the institution in full. The business was conducted in a smooth method, thus maintaining the faith of the investor intact. The government was misguided by the transactions which put forth an intrinsic valuation to the normal eye. but displayed an atrocious expungence when read in detail.
The chief executives took handsome salary, enjoyed a gusto of perquisites, experienced a sumptuous lifestyle, grabbed a solid bonus, thus filling their own exchequer at the expense of the investor’s funds. The reward was so hefty, that the public was pushed to total amazement .
A regal lifestyle, a royal upbringing, a fine texture of grandeur marked the honourable executives gallop in utmost speed. The advances were rushed through. The identification of true value customer was a shadowy deal. The crisp exchanges had a veiled formation. The sentimental significance had a manifold misuse, that led to the debacle of the established conventions.
