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(22 September / London)

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Baring Facts

Two hundred years tradition at a toss
was sacrificed to cover trading loss,
as cover insufficient was the way
that bankrupted the bank of Baring Bros.

When tale of woe from Singapore left poor
to drink the bitter lees the son whose door
is darkened by that confidence astray,
while Leeson's in the Nick, but how long for?

They were sad tidings, difficult to bear,
the larder raided left the cupboard bare,
the bears and bulls left piper pipped to pay
the cost with bearings lost, all's blackballed there.

An option culled upon the sea of time,
an acorn saved two centuries till prime,
is cut from base at rate of knots, but say,
in fifty years who here will care a dime.

Submitted: Monday, July 15, 2013
Edited: Tuesday, July 16, 2013

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(2 March 1995)

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