Story of scorpion and the frog

The banks are a lot like the story of the scorpion that wanted to cross the river, then managed to find a ride on a frog and, contrary to his promise, stung the frog so that they both drowned, writes Paul Mills.

As they drowned, the frog asked why he did it. The scorpion answered that “he couldn’t help himself”, because it was in his nature.

The banks didn’t drown the last time they stung, mainly because the Government saw most of the lenders as just too important to let fail. The banks continued to behave like the scorpion.