Sunday, 24 April 2011

Should banks hire conservators to conserve their money?

It looks like the answer is YES, and not only because banks have not been doing a great job in terms of investments!

A preventive conservator could probably have helped protect £137,000 (10 million rupees) from greedy termites in north India. The story is still a mystery but it looks like the termites managed to get inside a steel chest and munch the cash it contained. The police of Barabanki, a town near Lucknow, are investigating the case.
See the whole report here

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