Showing posts with label finance. Show all posts
Showing posts with label finance. Show all posts

Friday, 21 August 2009

Can you tell a Wopper from a Mac?

Desperate times call for desperate measures - but there never seems to be a desperate time handy when you could use one to cut a few corners.



Lacking a Reichstag to burn down Big Mac and his Small Fry's have been rubbing sticks together and blowing hard to create smoke. Financial Secretary Kenneth "Trust Me" Jefferson has provided tinder via a financial crisis in government and there is now a small blaze started.



You see because of the appalling state of financial reporting by Government bodies, five years behind in most cases, we have to take the word of the FS whether the CI Government is solvent or otherwise.



In March, according to the FS, government was farting through silk but a few weeks later it was headed for Skid Row - without the figures who's going to prove him wrong?



Though they were unable to basically do their jobs and get the Civil Service to produce proper accounts for the last five years Mac doesn't seem to hold this against George McCarthy, the Financial Secretary who evangelized for Government's new and failed accounting system and Jefferson who succeeded him when McCarthy was made Chief Secretary.



I guess if they are nice to him he owes it to be nice to them. Same church too probably. In any event Mac's prayers have been answered - this crisis is a political godsend.

Who knows, the phrase "Cayman's first Minister of Finance" could be floating around too.


All manner of things will be justified by the financial crisis and being able to turn it on and off with a nod to Jefferson is icing on the cake.

Is it just me or does anyone else see the return to the days of the political three way split? "You run politics, we run business, the Governor goes birdwatching".


Now that's what I call a Big Mac

Tuesday, 30 June 2009

Flirting (that's cleaning it up) with Finance

So ... Madoff the Ponzi Pirate got 150 years for cooking the books - a smart lawyer will probably get that down to 100.

If he enters an organ donor program I'd like his Gall.

Word on the street is Madoff bought his accounting software at the same place the CI government bought theirs - Abacus Abe's Approximate Accounting .

I was cleaning the toilets there one time and landed a job in Accounts. Gate crashed the interviews.

I'd eavesdropped on the other candidates and each one was asked the same thing at the end of the interview,

"What is 2 + 2?".

Most answered 4, some optimists came up with 5 and some pessimists 3.


When they'd all gone me and my bucket entered the room. Very handy thang that ol' crap bucket - kept many a conversation addressed to me short and polite.

"Excuse me Sir but would you ask me that last question you asked all the other candidates?"
He eyed me up and down then shrugged, "OK. What is 2+2?"

"What would you like it to be?"

"You're hired"


And, thanks to the bucket, he didn't even need to ask if I minded getting my hands dirty...

Wednesday, 24 June 2009

Climate Change affecting Accountancy?

Poor Ken Jefferson (Financial Secretary) is in a bit of a stew. People thinkin', "His financial forecast as good as the weather forecast. And they bad".



The forecast for politics is usually windy and variable, blowing hot and cold alternately, question is: Have Ken's calculations been affected by climate change?


Change in the political climate that is.



Ken's Calculator
Maybe there is a technical issue with the calculator Mr Jefferson bought from Kurt's office mart - always had some doubt myself about it being the right tool for the job.

Stormy weather ahead though, no doubt about that, and the chance of a man overboard.

Could be Ken


Which reminds me...

Which end a rope do you throw to a drowning accountant?

Both.