Bankers: A Modest Proposal

Matt Yglesias quotes a US Embassy spokesperson with a brilliant solution to the banking problem, which seems to have been caused by too many bankers who were neither wise nor honest:

“Beyond education and culture, in the field of economy and services, it’s worth noting that representatives of U.S. banks, JP Morgan and Citibank and others came to Baghdad on January 28th, participated in an international banking conference that explored correspondent banking relations that would deepen commercial ties between Iraq and the international community, business community.”

Yes. Downtown Baghdad. Seems about perfect to me.


Maire, please note: this proposal has nothing to do with Ireland