Mervyn King forecasts good news - banks panic and run around shrieking

There were fears of financial meltdown yesterday as bankers finally lost all reason and became hysterical at the revelation that the Bank of England had assessed the losses from the credit crunch as less than previously feared.
City traders took to the streets, wailing and tearing at their clothes, apparently driven to insanity at the news that the whole thing was containable. Psychologists diagnosed severe neurosis and attention seeking disorder.