We did write to Bloomberg suggesting that the word Nationalisation should not be used by them for at least a month and I have only heard it mentioned once (not forcefully) and it does not appear to have been on the ticker tape. The share price of UK banks appeared to have recovered by over 100%
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Wednesday, January 28, 2009
U.S. hedge fund reaps big RBS profit whilst British pensioners in Europe are below the poverty line
We did write to Bloomberg suggesting that the word Nationalisation should not be used by them for at least a month and I have only heard it mentioned once (not forcefully) and it does not appear to have been on the ticker tape. The share price of UK banks appeared to have recovered by over 100%
Should Sir Fred Goodwin be stripped of his knighthood?
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.
Sunday, January 25, 2009
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.