Wednesday, January 28, 2009

Should Sir Fred Goodwin be stripped of his knighthood?

We have mentioned this about a week ago and now there is an article By Tony Bonsignore | 14:10:32 | 27 January 2009 HERE. where you can leave your views or on this blog

I think that the consensus of opinion in the comments is that Sir Frank Goodwin should be stripped of his knighthood for diservice to the banking industry, but the it might be difficult for shareholders to reclaim his bonuses, but should there nof be a class action as in my opinion the shareholder that took up the entitlement in the first right issue for 12 bn pounds were mislead about the finances of Royal Bank of Scotland

The Prime Minister of England George Brown is ANGRY with him as are the shareholders and the employees of the bank.

Thursday, January 22, 2009

Bernie Madoff

How to Ponzi Proof Your Portfolio (22 January 2009)

http://www.ino.com/info/278/CD16/&dp=0&l=0&campaignid=3

5 Ways to Ponzi proof your portfolio and sleep well at night.

I've been in the financial arena for over 30 years. I must say I that I am appalled to see scum like Bernie Madoff stealing money from honest people. In many ways he's committing one of the most heinous of crimes. He's destroying the financial standings of unsuspecting victims for his own selfish greed.

My message left on Bloomberg. Let us see if they publish

Thank You for Your Feedback!

Feedback Status:

TicketID: W00328635880539504685
Status: Waiting
Summary: the use of the word NATIONALISATION by the media

LOG: 1/22/09 06:24:45 Your Initial Feedback

With respect I believe that Bloomberg and other channels are using this word too much and contribute to the fall in financial shares in both the USA and UK. I think that you should try not using this word for at least one month.

Stock markets usually anticipate facts by 6 months. I believe that if we could have healthy stock markets then the economy could improve. This requires both retail and professional investors.

I would also suggest that both capital gains taxes and with holding taxes on dividends be removes to encourage investment. This would encourage investment in quoted companies and compensate the investors (including pensioners) who are getting little or no interest on their savings in banks due to the current low interest climate.

We do not hear on the media the word Nationalisation used with respect to the French Banks - just no bonuses
which is the way it should be. Please restrain your reports for at least one month the use of the word NATIONALISATION