Saturday, 24 January 2009

Einstein confirms Iceland losses

SCC has its own version of the Dog & Duck. They call it the "Scrutiny Committee" and it met on 6th January 2009.

As a gesture of solidarity, we bought them each a calculator for Christmas, using the extra money that we're going to have thanks to the massive reduction in Somerset council tax expected this year. And it looks like it worked, too! This is what the committee was told:

the £25m had been invested as 5 separate deposits of £5m each

i.e. 5x5=25!

Not even Albert Einstein could argue with that one, even if he is too thick to understand that 140+17=200.

Daffer Jones, who knows all about sailing close to the wind in the North Atlantic, said that he wouldn't have been surprised if there had been 25 deposits of £5million each.

After all, using Jonesy's innovative mathematical methods (patented by IBM), this might also come to a mere £25 million.

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