Readit NewsEDIT: I think a lot of people misunderstood me. Wiping out the shareholders was absolutely the correct thing to do; I just meant worse from the perspective of people whose value is in the equity.
There were a lot of old buildings, but nowhere was there a Salamanca U t-shirt as a souvenir (and FYI, the Rome University sweatshirts aren't official--the biz school sells some polos, but that's it).
Irony notice: this comment contains irony.
If it was my home, I would hope the crew boss would tell them to go build a shed or something first.
EDIT: I'm open to things that I hate on the first sip. In fact that might work best for me.
The article missed out on mentioning the best Chartreuse-based cocktail though: The Last Word. It’s absolutely sublime. https://en.wikipedia.org/wiki/Last_word_(cocktail)
Talisker now is a bit fiery, maybe very slightly reminiscent of the sea, and otherwise unobjectionable. It doesn't have what I need. I wish them well, but either my taste has changed or theirs has.
The issue was the bank putting all of its deposits in illiquid long-term bonds that were worth substantially less if sold pre-term, and compounding that problem by becoming insolvent selling a large chunk of those bonds per-term at a huge loss to cover immediate liquidity needs.
As some others have said in this thread: I'm just trying to talk about what happened, within my limited understanding. I'm not talking about who was right or wrong at all.