Duncan\’s line of the day

Mutuals are not a panacea. The collapse of Dunfermline Building Society shows that. But they do, when well run, tend to perform the core retail task of offering savings accounts and making mortgages well

Well, yes….most things run well when they\’re well run.

And most things don\’t run well when they\’re not well run.

I\’m just wondering whether I can get one of those high paid jobs as a city economist on the basis of this sort of insight?

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