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Does anyone think there is anything unusual in Northern Rock's
operations, competence, management compared to other banks?
Does anyone think that management of banks and banking is carried out
by managers strikingly different in competence, honesty, motives, you
name it, from other areas of infrastructure and commerce?
One might go on and name specific great institutions and offices of
our society, but you get the point.
However, without in any way invalidating the above, I think that BT
are more fucked than most. Change your phone supplier is my advice.
- --
Midgley
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