Photo from about this time of year, 2004,
in Richmond Park.
The school has their sports day (Madeleine explains)
" there are color teams, and each team has to sprint and do obstacles and stuff. Long jump, vortex, and stuff like that. In the end, the team with the most points, for individual races, wins. The color teams are red, green blue and yellow, for years three, four, five and six."
By happy coincidence Eitan and Madeleine on the red team, which was last one year ago but first today (Eitan co-captain). Madeleine and
Eitan contribute with wins in the "long distance" or six laps around the school's grass fields. Afterwards Sonnet rewards the kiddies with a treat at The Victoria.
Barclays fined £290 million for manipulating libor (the London inter-bank borrowing rate) for years including the financial crisis when banks almost
burned the house down (dirtbag traders - we've seen them at Enron. We know them from Wall St). But why stop there ? The FSA also announces this week that the same banks have mis-sold complex derivatives to SMEs. The prospect of a Levenson-like inquiry floated in the commons; a criminal investigation proceeds. And one must ask :
how did we get here ?
Madeleine raises her hand at the dinner table:
"I have a random fact."
Me:
"Oh?"
Madeleine:
"Do you know why they call the Oscar "Oscar"? "
Me:
"No."
Madeleine:
"Because the person who made the trophy thought that it looked like her Uncle Oscar."
Eitan:
"That's not so."
Madeleine:
"Is so. I read it in a book. At school."
Me:
"Thank you Madeleine, it makes sense to me."
Kamila:
"What's the capital of Germany?"
Madeleine:
"Helsinki?"
Me:
Madeleine:
"No, wait, it's Switzerland . .."
Me:
"That's it. Atlas. Now."
Later, me: "Madeleine, where is Helsinki please?"
Madeleine: "I can never remember that one .. ."
Me: "You have to know the capitals kiddo."
Madeleine: "Oh, wait, once you gave me a postcard from Helsinki and it said 'Finland' on the back. It's Finland!"
Me: "Excellent, nice work."
Madeleine: "Thank goodness for my memory."