Wednesday, 1 July 2009

Credit Crunch Hurts

The idea of a backlash against bankers is all the rage at the moment - from viral games to jokes to stand up routines. For most if us this is the safety valve that we all need to deal with the collapse of jobs, savings and career prospects. For some though it gets real. The London demo scuffles and even the smashed window of a certain ex RBS CEO don't seem too odd. A group of over 60's kidnapping an IFA however does.

James Amburn was apparently attacked with his assailants' zimmer frame before being tied up and driven 300 miles after which he was imprisoned in a cellar and tortured for four days. The attackers were after some recompense from Amburn for the investments that he'd made on their behalf which went the way of most investments of late. The victim was only able to escape when he alerted his bank when asking them to transfer funds to his captors' account (he added a little 'call the police' PS).

All of this happened in Bavaria (with a little off-stage scene in Switzerland where Amburn did his banking) but it probably isn't too far fetched to imagine it elsewhere. The two men had accomplices too - their equally senior wives who allegedly contributed to the incarceration and torture.

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