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05 March, 2009

University Challenge Explains the Recession

I saw the last few minutes of the University Challenge final, I had not intended to watch it but it happened to be on before something I wanted to see.

I can not decide if this quiz is funny or sad, in the modern meaning of sad, but I do know that the whole thing was hilarious. How awful the guy on the end must have felt being left out of consultations and being patted on the back when he dared to answer a question, and with little miss know-it-all saying "well done" if one of her team knew an answer before her.

Never mind the quiz, what is far more interesting is the controversy that has surrounded the final, especially how it explains a lot of what has caused the crisis that we now see the world in.

One of the team members that declared "studying chemistry" is actually working for Price Waterhouse Coopers.
So, the lie telling chemist is working for an accountancy firm, that makes perfect sense.
Look at the top people in finance in this country, the chancellor, the bank bosses, the ex-chancellor, none of them have any qualifications in finance and it has not done them any harm has it.

OK they have collectively trashed the world financial systems but they are doing alright Jack.

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