Monday, December 1, 2008

CIB involved in unsafe mating practices.

Aside from the fact that the slogan "confidence breeds success" seems more appropriate for a stable than a bank, its hard for me to trust in Confidence's animal husbandry skills when the bank's entire computer system has been down for 2 consecutive days.

This would be the point in the post where i link to an article explaining Confidence's apparent inability to coax Success into fruitful copulation, but that would require a newspaper to consider this an important enough setback to write about.

I mean, shouldn't this be a vaguely big deal? Considering that Egypt is an almost exclusively cash economy - with major transactions literally being conducted with paper money - the inability of the largest private sector bank in Egypt to dole out cash ought to be news. What if i was supposed to buy a house today? I'd be fucked, that's what.

Whatever, i guess if your vision is as concise as "To be the best financial institution in the Middle East and Africa by 2020," you needn't worry too much about the small details of actually being able to give people their money.


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