Whoops Financial Apocalypse
The biggest DOW loss in history, I’ll be writing something about this soon but I’m too busy right now. Don’t have nightmares yet - we have hardly got started.
The biggest DOW loss in history, I’ll be writing something about this soon but I’m too busy right now. Don’t have nightmares yet - we have hardly got started.
I was in the changing-room at my gym last night when the sky news bulletin announced a record one day surge in oil prices, just the kind of thing to get the attention of everyone and almost instantaneously the screen was surrounded by frowning investment bankers shaking their heads in disbelief. Astonishing to think that [...]
Nasty business, what more can we say?
Will there be more?
Oh yes, that much is certain.
Its interesting reading the analysis floating about the news agencies but few scratch the surface. When Fannie Mae got its recent bailout what few seemed to take notice of was that the bailout left the shareholders to be wiped out but [...]
Last night my wife and I attended the Music in Hospitals 60th Anniversary Royal Gala Concert at St John’s Smith Square. If you’re not familiar with this venue it is a church which has been converted into a classical concert venue in the heart of Westminster.
You would really have to be about my age or [...]
I apologise for the posting lapse but I’ve been working on refining our Basel 2 EPE calculations and rather burning the candle into the night. Its strange how your mind distorts reality after extended periods of working and your body aches as if you had been in a road accident when you have only been [...]