Hbos Risk Control Run By Evel Knievel

THE risk control department at HBOS was run by Evel Knievel for nearly a decade, it emerged last night.

Former executives revealed how the late US daredevil would approve multi-billion pound transactions while snorting cocaine off the buttocks of the prostitute he had been with drinking with all night.

Tom Logan, a former HBOS accountant, said: "From about 1999 onwards the bank's business model was based very closely on Mr Knievel's book Jumping the Grand Canyon on a Rocket Bike: A New Approach to Financial Risk.

"He rubber-stamped all the major deals. I remember how it was always slightly awkward going into his office, what with all the skanks and whores.

"We would give him a quick summary of the proposed transaction and then he'd bang the table and shout, 'fuck this pansy-ass shit, let's fucking do it!' before picking up a Jack Daniels bottle and throwing it in the direction of our heads."

Logan added: "Sometimes he was more reflective and he would tell us about one of the many times he had broken every bone in his body.

"He'd say, 'guys you don't wind up with 14 pins in your head and a chronic addiction to pain medicine by adhering to the standard banking model of using savers' deposits to fund prudent and responsible loans.

"Then he'd tell us to go out there and 'jump our own Snake River Canyon', but instead of a rocket bike we'd be using 'millions and millions of pounds that would never appear on the balance sheet'. He was an incredibly dangerous man."

Meanwhile prime minister Gordon Brown last night pledged to crackdown on bank bonuses in his latest attempt to blame all of this on someone else.

Sign up now to get
The Daily Mash
free Headlines email – every weekday
privacy

Single Phone Charger To End Multiple Phone Charger Madness

AN historic agreement last night brought the world one step closer to ending the insanity of having several different kinds of mobile phone charger.

Decades of intense charger rivalry were put aside at the United Nations as delegates agreed a road map towards a standard charging pin and socket for all phones by 2012.

Ban Ki-Moon, the UN secretary general who cut short a trip to Gaza to attend the crucial session, hailed the agreement as a 'pivotal first step' towards confronting 'the defining challenge of our age'.

Pope Benedict staged an all-night vigil at the Vatican holding a Sony Ericsson X1 Xperia and a Samsung F480 Tocco, both of which expired at dawn while the Pontiff tried to attach them to a Nokia charger.

Mr Ban said: "Today the world's mobile phone companies have spoken with one voice, but only because they all brought their own chargers with them.

"Being able to go into a shop and buy a mobile phone charger without having to check that the little plug on the end of the wire fits into the little hole in the bottom of your phone is the mobile phone charger equivalent of a separate Palestinian state."

He added: "Soon every mobile phone user will be able to say 'yes of course you can borrow my charger because it is the same as yours' and they will embrace and know that they are brothers.

"Unless of course one of them has one of last year's Motorola Razr phones which are really starting to look very naff and outdated."

Meanwhile Charles Ndinka, a malaria sufferer from Rwanda, said: "I am filled with the joy of Our Lord. Never did I think I would live to see the day when all the little plugs and all the little holes were exactly the same.

"This will certainly help a lot more than supplying my country with clean drinking water and a primary school."