The politics of fear
“I’m getting increasingly worried about the free movement of people across Europe. It’s a very competitive world out there and my constituents resent that.” - Huddersfield Labour MP Barry Sheerman, defending comments he made on Twitter about Eastern European workers....
The politics of fear
“I’m getting increasingly worried about the free movement of people across Europe. It’s a very competitive world out there and my constituents resent that.” - Huddersfield Labour MP Barry Sheerman, defending comments he made on Twitter about Eastern European workers....
Fixed
“Don’t fight the Fed – bet on it.” - Lee Quaintance and Paul Brodsky of QB Asset Management. In December last year, the poet Alice Oswald withdrew from the TS Eliot poetry prize on the grounds that the prize was...
Government agents
“Barclays’ new chief executive is considering increasing the bank’s risk profile, in order to hit profitability targets over the next three years..” - Patrick Jenkins, The Financial Times, surprisingly not from its April 1st edition. “The budget deficit will clearly...
Government agents
“Barclays’ new chief executive is considering increasing the bank’s risk profile, in order to hit profitability targets over the next three years..” - Patrick Jenkins, The Financial Times, surprisingly not from its April 1st edition. “The budget deficit will clearly...
Govern-mental
“It is not even a full year since the time of Cleggmania, yet, in his own Sheffield constituency, even nursery-age children now come home with Clegg jokes. (“Why did Nick Clegg cross the road ?” “Because he said he wouldn’t.”)”...
On the back of a (plain) fag packet
Attention, traders, brokers, entrepreneurs and financiers — there could soon be plenty more space to scribble things on the back of a fag packet.Speculation is mounting...
General Motors Issues Forecast for IPO
Filed under: General Motors (GM), Initial Public OfferingsVery early Thursday morning, General Motors filed paperwork that pinned down a price range for its initial public offering (IPO). Three of the four owners of GM (the U.S., Canadian and Ontario g...
Case-Shiller Index Adds Bearish Momentum to the Market
Filed under: Economic Data, Housing, RecessionTuesday morning started off on a bearish note, which intensified after the latest news release from the S&P/Case-Shiller home price index. The index reported that home prices dropped 0.2% during August,...
IMF Forecasts a Slowdown in U.S. Growth
Filed under: Forecasts, Economic Data, Headline News, Federal Reserve, RecessionThis is not good news. The International Monetary Fund (IMF) did an assessment of growth for the U.S. economy and forecasts lower growth this year and next, according to a ...
Government Criticized for AIG Bailout
Filed under: Amer Intl Group (AIG)According to the Congressional Oversight Panel's newest report (due for release today), the government may haved jumped the gun a bit when bailing out American International Group (AIG).
The panel cannot be sure that t...
The return of real money
“The UK Debt Management Office (DMO) has been voted the most impressive sovereign funding team and DMO chief Robert Stheeman as most impressive sovereign funding official, said EuroWeek. The top award comes as the DMO sold a record £227.6 billion...
