Jump to content


The great intrest rate rip off part 6


style="text-align: center;">  

Thread Locked

because no one has posted on it for the last 4327 days.

If you need to add something to this thread then

 

Please click the "Report " link

 

at the bottom of one of the posts.

 

If you want to post a new story then

Please

Start your own new thread

That way you will attract more attention to your story and get more visitors and more help 

 

Thanks

Recommended Posts

It Didn't Work (Again)

 

Once again it didn't work.

Last night Greece "apparently" voted to (somehow) keep to "the program" and not immediately toss all the bonds they have issued into the paper shredder and send the pieces to Merkel.

It didn't matter. Spain's bond yields continued to rise this morning, are at this point over 7% and the overnight rally in the futures disappeared.

There's a not-so-silent bank run in Greece. This will spread.

 

More at the link.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

  • Replies 650
  • Created
  • Last Reply

Top Posters In This Topic

Top Posters In This Topic

Oh My God, Someone Gets It (Education)

As I've said before..... My God, it's full of stars!

Was college worth it? A huge part of the problem relates to federal financial-aid programs. Annual
student loans
, Pell Grants, tax credits and other federal assistance totaled some $169 billion a year in 2010-11 -- more than 1 percent of national output. These programs are based on two erroneous premises: that almost everyone needs higher education for vocational success, and that they reduce student costs.

....

Fourth, the Free Application for Federal Student Aid
form
, associated with these programs, aside from being unbearably complex,
gives colleges private information about family finances that allows them to gouge students more.

I'll be damned. On Bloomberg too.

Late, very late, and pretty much what I argued in Leverage -- that the current system (1) drives up cost, (2) has zero accountability, (3) is objectively immoral as it treats student loan debt as akin to child support, making it non-dischargable in bankruptcy and (4) it's none of a college's damn business what the parent of an adult student makes or has.

 

More at the link.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Breaking news

 

 

 

 

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Spanish short-term debt costs reach alarm levels

 

5:40pm BST

MADRID/ATHENS - Spain lurched closer to becoming the largest euro zone country yet to be shut out of credit markets when it had to pay a euro era record price to sell short-term debt on Tuesday.

Fresh stimulus hopes drive FTSE to six-week high

 

LONDON - The FTSE 100 hit a six-week high on Tuesday on growing hopes for concerted economic stimulus measures from central banks, with a fall in UK inflation seen as increasing the chances of another Bank of England move.

 

Ryanair makes cash bid for Aer Lingus

 

LONDON - Budget airline Ryanair said it planned to make a 694 million euro ($880 million) bid for Aer Lingus in a fresh attempt to gain control of its Irish rival.

6:20pm BST

 

FSA reveals suspicious price moves remain high

 

LONDON - A fifth of company announcements in Britain are preceded by unexplained share price moves, the Financial Services Authority (FSA) said on Tuesday, in its final report before being wound up next year.

UK 2:33pm BST

 

Universal says EU regulators object to EMI deal

 

BRUSSELS - EU antitrust regulators have formally set out their objections to Universal Music Group's $1.9 billion (1.2 billion pounds) bid for EMI's recorded music unit, the music company said on Tuesday, a step that could force Universal to offer concessions to get the deal cleared.

5:08pm BST

 

Larsen resigns as Dow Jones president

 

- The president of News Corp unit Dow Jones & Co has resigned, the company said on Tuesday.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Fear grips markets despite Greek reprieve

 

19 June 2012 12:00 AM

Spanish borrowing costs hit record high as early confidence drains away

 

 

Coryton refinery workers stage jobs protest

 

19 June 2012 11:46 AM

Workers at an oil refinery facing closure will stage a demonstration outside a Government department today ahead of a meeting to discuss their future.

 

 

 

Union leaders attack 'brutal' RBS job cuts

 

19 June 2012 10:18 AM

Union leaders attacked the Royal Bank of Scotland today for announcing “brutal” cuts of 600 jobs from its financial planning service.

 

 

 

Eurozone uncertainty hits Asian stock markets

 

19 June 2012 07:06 AM

Asian stock markets were mostly lower today, as relief from Greece's election results evaporated amid worries that the financial crisis in the 17 nations that use the euro was far from over.

 

 

 

Man Group names Sir Martin Sorrell's son Jonathan as finance chief to sooth investors

 

19 June 2012 10:00 AM

Jonathan Sorrell, son of the WPP advertising guru Sir Martin Sorrell, was hastily promoted to the position of finance director at Man Group yesterday after the struggling hedge fund giant sought to appease shareholders by ousting the incumbent, Kevin Hayes.

 

 

 

Tesco to exit Japan but only after spending £40m more

 

19 June 2012 09:00 AM

Tesco has managed to offload its troubled Japanese business for a "nominal sum" to the country's biggest retailer, but will have to commit a further £40m to the operation before its exposure ends.

 

 

 

Tesco apologies to motorists after putting diesel in petrol pumps

 

19 June 2012 04:54 PM

Tesco today apologised to motorists whose cars broke down after a tanker driver accidentally put diesel into petrol pumps at one of its filling stations.

 

 

 

US drug store giant Walgreens in £10bn Boots takeover

 

19 June 2012 03:00 PM

The largest pharmacy chain in the United States swooped on high street chemist Boots today as part of a shock £10 billion takeover deal.

 

 

 

Majestic Wine eye Games cheer

 

19 June 2012 09:00 AM

The chief executive of Majestic Wine is hoping for a summer of sunshine and plenty of medals for British athletes at the Olympics to lift its sales.

 

 

 

No change in Indian interest rate

 

19 June 2012 12:00 AM

India's central bank left its key interest rate unchanged yesterday due to inflation concerns, thereby thwarting hopes of a cut to kick-start flagging growth in Asia's third-largest economy.

 

 

 

Profits surge at Economist as digital gives turnover a boost

 

19 June 2012 12:00 AM

The Economist Group yesterday showed there is still money in quality journalism as pre-tax profits surged by 8.7 per cent to £64.7m in the year to March, against £59.5m in the previous 12 months.

 

 

 

Rolls-Royce in £1bn subs deal

 

19 June 2012 08:00 AM

Rolls-Royce has signed a contract worth more than £1bn with the Government to make reactor cores for the UK's next generation of nuclear-powered submarines.

 

 

 

Melrose talks on Elster bid

 

19 June 2012 12:00 AM

The acquisitive engineering group Melrose yesterday confirmed it is in talks to buy the German-based water, gas and electricity meters maker Elster for $2.3bn (£1.5bn).

 

 

 

Markel signs up as first Walkie-Talkie tenant

 

19 June 2012 12:00 AM

The Walkie-Talkie skyscraper in London has its first major tenant after Markel signed up yesterday.

 

 

 

Canada's Fairfax buys Brit Insurance

 

19 June 2012 12:00 AM

The Lloyd's of London insurer Brit Group has sold its Brit Insurance Ltd subsidiary to the Canadian financial services giant Fairfax Financial in a deal worth about $300m (£190m).

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

19 June 2012 Last updated at 16:51

 

 

UK inflation rate falls to 2.8%_60995378_money.jpg

 

The UK inflation rate fell to 2.8% last month owing to a slowdown in fuel and food price rises, figures show.

 

 

_61005364_61005163.jpgFractious G20 seeks crisis unity

 

World leaders resume talks at the G20 summit in Mexico after a day of tense words over Europe's debt crisis, with a final unity statement expected.

 

 

 

_60999214_014760658-1.jpgWalgreen buys 45% stake in Boots

 

US retailer Walgreen is to pay $6.7bn for a 45% stake in Alliance Boots in a deal that will confirm it as the world's biggest pharmacy.

 

 

Eurozone in crisis

 

 

 

 

 

 

Other top stories

 

 

Downgraded UK banks, bonuses and Bank of England support

 

10 hours ago

As UK banks brace themselves to be downgraded by Moody's, they face an intriguing conflict of interest when deciding how much of the subsidised new loans being provided by the Bank of England to take.

Markets pass judgment on eurozone

 

3 hours ago

Should we be losing sleep over governments having to pay high interest rates to borrow money?

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Wall Street Stocks Gain

 

By REUTERS 11:52 AM ET

 

Stocks traded higher in the United States, in part on increased hopes for central bank stimulus measures ahead of the Federal Reserve’s policy meeting.

 

DealBook

 

dbpix-alliance-boots-thumbStandard.jpg

Walgreens to Take Stake in Alliance Boots for $6.7 Billion

 

By MARK SCOTT

 

The American drug store chain Walgreens has agreed to buy a 45 percent stake in Alliance Boots, the European pharmacy retailer, for $6.7 billion.

 

 

European Debt Crisis

 

Efforts to Form a Government in Greece Resume

 

By RACHEL DONADIO and LIZ ALDERMAN

 

The leader of New Democracy, the party that placed first in Sunday’s elections, was preparing on Tuesday to continue talks with his Socialist rival aimed at keeping Greece in the euro zone.

 

 

Lingering Fears Push Spanish Short-Term Borrowing Costs Up

 

By STEPHEN CASTLE and RAPHAEL MINDER 9:58 AM ET

 

A debt sale Tuesday reflects deep market fears about the future of the euro and increases pressure on European leaders to come up with a solution to the crisis.

 

 

Stocks and Bonds

 

Investors in Search of Bigger Fix to Euro Crisis

 

By NATHANIEL POPPER

 

To defuse the crisis, the debt burdens of Europe’s weaker economies and banks may need to be shared by the entire Continent.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

[/url]

 

Hopes of US Fed and world central bank stimulus boosts stock markets

 

spain-election_2061025g.jpg

World shares and the euro gained as Europe's worsening debt crisis and its impact on global growth encouraged talk of a policy response by the world's major central banks.

702 Comments

Francois Hollande not amused by David Cameron's tax jibe

 

 

Spain's borrowing costs double in bond auction

 

 

German investor confidence tumbles in June

 

 

IMF wins pledges of $456bn for crisis fund

 

 

Ambrose Evans-Pritchard: Spain pleads for ECB rescue

 

 

 

 

Boots owner sells 45pc stake to Walgreens

 

boots_1419530g.jpg

Walgreens, the largest US drugstore group, has paid $6.7bn for a 45pc stake in Alliance Boots, owner of High Street chemist chain Boots, as part of a strategic partnership to create one of the world's biggest healthcare retailers.

68 Comments

 

Fall in inflation gives more room for QE

 

vegetables-1_1870338g.jpg

British inflation eased in May to 2.8pc, the lowest in two and a half years, due to slower price rises for food and fuel, official data shows.

127 Comments

 

HRG shares jump as iPad boosts Argos sales

 

argos_2031714g.jpg

Shares in Home Retail Group jumped 27pc as pressure eased on sales at consumer goods retailer Argos, despite wet and windy weather buffeting trading at DIY chain Homebase.

4 Comments

 

Royal Bank of Scotland to cut 618 UK jobs

 

RBS_2210306g.jpg

The Royal Bank of Scotland said it will cut 618 jobs to counter an expected drop in demand for financial advice as a result of new legislation due to come into force next year.

20 Comments

 

Vincent Tchenguiz to sue SFO for £100m

 

tchenguiz_2251936g.jpg

Property tycoon Vincent Tchenguiz has threatened to raise his potential £100m damages claim against the Serious Fraud Office after it dropped its long-running investigation.

 

Chemring shares sink as profits hit by US defence delays

 

 

 

 

Imagination Technologies hit by fears over reliance on Apple

 

 

 

 

Whitbread sales climb on Costa's strong run

 

 

 

 

Hammerson sells London offices portfolio for £518m

 

Greek government will be forced to seek third bail-out

 

 

 

Obama's economy

 

 

 

 

Fall in inflation 'a welcome respite'

 

Mr Barroso, Europe’s crisis has nothing to do with America

 

Don't expect any solutions from the international junketing in Mexico

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Fed: But Ponzis NEVER Run Out Of Suckers!

 

I need a new keyboard; my current one just succumbed to spat coffee.....

The U.S. recovery is hobbled by an economic divide that separates Americans not by income or wealth but by their access to credit.

The housing bust left behind millions of people with credit records damaged by plunging home prices, lost jobs, past overspending or bad luck. Many are now walled off from the low interest rates engineered by the Federal Reserve to spur the economy and remedy the aftereffects of the borrowing boom.

Credit does not bring prosperity. It is a ponzi scheme.

Only economic surplus -- that is, savings -- produces prosperity. It does so through capital formation which has as its predicate savings.

 

More at the link.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

It Didn't Work (Again)

 

Once again it didn't work.

Last night Greece "apparently" voted to (somehow) keep to "the program" and not immediately toss all the bonds they have issued into the paper shredder and send the pieces to Merkel.

It didn't matter. Spain's bond yields continued to rise this morning, are at this point over 7% and the overnight rally in the futures disappeared.

There's a not-so-silent bank run in Greece. This will spread.

 

More at the link.

 

Nothing has been fixed.

 

Until the debt problem is tackled the problem won't be fixed. Printing money without increasing productivity and wages won't solve anything.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Breaking news

 

 

 

 

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

20 June 2012 Last updated at 17:41

 

 

UK unemployment falls by 51,000_61019573_015108337-1.jpg

 

Unemployment in the UK fell by 51,000 to 2.61 million in the three months to April, official figures show. 259

 

 

_61020759_014754348-1.jpgCable forces binding pay votes

 

The business secretary announces plans to force companies to have binding votes on executive pay every three years, but resists pressure for annual votes. 416

 

 

 

_61036379_012768233-1.jpgUS acts to cut borrowing costs

 

The US central bank extends its programme of swapping short-term bonds for longer-term ones to bring down the long-term cost of borrowing.

 

 

Eurozone in crisis

 

 

 

 

 

 

Other top stories

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Fed Extends Effort to Lower Rates as Job Growth Slows

 

By BINYAMIN APPELBAUM 15 minutes ago

 

 

The Federal Reserve announced a modest increase in its efforts to reduce borrowing costs for businesses and consumers by extending its existing asset-purchase program through the end of the year.

 

 

 

 

21fed-pic-sfSpan.jpg

Richard Drew/Associated Press

 

Stocks dipped but then recovered on Wednesday in response to the announcement by the Federal Reserve that it was extending a program to drive down long-term interest rates.

 

 

 

 

 

 

Wall Street Weighs Fed Decision

 

By CHRISTINE HAUSER 2 minutes ago

 

Traders responded tepidly to the Federal Reserve’s announcement to extend a program designed to drive down long-term interest rates.

 

 

 

21greece-thumbStandard.jpg

After Weeks in Limbo, Greece Ushers In New Government

 

By LIZ ALDERMAN and NIKI KITSANTONIS 58 minutes ago

 

Antonis Samaras was sworn in as prime minister after a coalition government was reached, ending a leadership vacuum that had destabilized the fragile nation and cast a shadow over the euro zone’s future.

 

 

Proposals to Prop Up European Bonds Put Pressure on Germany

 

By STEPHEN CASTLE

 

Italy has suggested that the euro zone bailout fund intervene to bring down borrowing costs that are threatening weaker euro countries like Italy and Spain.

 

 

 

Companies Shift Top Offices to Asia, Seeking to Crack Markets

 

By BETTINA WASSENER

 

Western and Japanese companies are finding that basing executives in places like mainland China, Hong Kong and Singapore can be good for business.

 

DealBook

 

Top Courts in U.S. and Britain Enter the Madoff Fray

 

By DIANA B. HENRIQUES 11 minutes ago

 

As Bernard L. Madoff serves a 150-year sentence for his Ponzi scheme, top courts in the United States and Britain are tackling issues that could have a multibillion-dollar impact on his victims.

 

DealBook

 

In Britain, a Plan to Give Shareholders More Say on Pay

 

By JULIA WERDIGIER 35 minutes ago

 

Under new rules presented to Parliament, companies listed in Britain would have to get majority support from shareholders for their executive compensation packages.

 

20paternity-pic-thumbStandard.jpg

Before Birth, Dad’s ID

 

By ANDREW POLLACK

 

Blood tests can determine paternity as early as the eighth week of pregnancy, and without an invasive procedure.

 

 

wheels-touch-thumbStandard.jpg

Bedeviled by Telematics Woes, Ford Falls Further in J.D. Power Quality Study

 

By CHERYL JENSEN

 

Broader implementation of the poorly received MyFord Touch system hurt the automaker in the annual ranking. An update to the system, however, was not reflected in the results.

 

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Greek coalition takes power, promises to revise bailout

 

7:11pm BST

ATHENS - A conservative-led government took power in Greece on Wednesday promising to negotiate softer terms on its harsh international bailout, help the people regain their dignity and steer the country through its biggest crisis for four decades.

Apparently people might not get paid, that means they'll collect no tax without even trying to avoid it.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

P&G cuts forecast, will focus on big businesses

 

CHICAGO/LONDON - Procter & Gamble Co took the blame on Wednesday for a lack of big new products and not being quick enough to cut costs as it deals with persistent slowing demand in Western Europe, the United States and China.

 

Monetary stimulus expectations send FTSE to 7-week high

 

LONDON - Expectations for more monetary stimulus sent Britain's top share index to a seven-week high on Wednesday, but investors cautioned those gains may be vulnerable if the euro zone debt crisis deepens further.

5:58pm BST

 

London stung by U.S. attack on bank regulation record

 

LONDON - Calling London a haven of regulatory loopholes that spawns financial trading disasters could make it harder to align new transatlantic rules, figures in London's financial and legal circles said on Wednesday.

UK, G20 3:51pm BST

 

Fed extends economic stimulus, ready to do more

 

WASHINGTON - The Federal Reserve on Wednesday extended its latest monetary stimulus and sharply downgraded its forecasts for U.S. economic growth, saying it was prepared to take further steps to help the faltering recovery if needed.

7:18pm BST

 

Microsoft brings phone software closer to Windows

 

SEATTLE - Microsoft Corp's new phone software will be built on the same core as its new upcoming PC and tablet operating system, bringing the software company one step closer to unifying its Windows franchise across a full range of screens that are revolutionizing computing.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Oh, So Italy IS In Trouble?

 

This should be good for Confidence, especially after Monti (Hall?) was running around telling everyone that Italy was "just fine" and "didn't need help."

LOS CABOS, Mexico, June 19 (Reuters) - Italy put forward a proposal at a G20 summit in Mexico on Tuesday for the euro zone's rescue funds to start buying the debt of distressed European countries, and the idea is expected to be discussed at a meeting of leaders in Rome on Friday.

The Italian proposal foresees using the EU's rescue funds, known as the EFSF and the ESM, to buy bonds of countries such as Spain and Italy in the secondary market to help bring down bond yields and lower refinancing costs.

So we've gone beyond "liar liar pants on fire!" to "and behind Door #1 we have...."

You know the jackass is back there too.

 

More at the link.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Hoh Hoh Hoh (One Dollar Of Capital)

 

Now we're talking.

The amusing part of this little ongoing crap-pile will be whether or not any of the folks who now are advocating something similar or functionally identical to what I've been hollering about since this entire mess began will credit it where due.

I bet not, but that doesn't change the facts.

In recent decades, governments and central banks around the world have developed a consistent pattern of behavior when trouble strikes banks that are large or interconnected enough to threaten the broader economy: They step in to ensure that all the bank’s creditors, not just depositors, are paid in full.

As I noted in Leverage this pattern began with Continental Illinois. When it failed even though some of the executives were prosecuted the FDIC (government) stepped in and protected the bondholders from losing money -- not just depositors. They did so even though there is no mandate under Federal Law for them to do so.

 

More at the link.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

[/url]

 

Debt crisis: US Fed warns Europe is "slowing economic growth"

 

wallst_2238847g.jpg

Markets slip as the US Federal Reserve slashes its growth forecast and Ben Bernanke warns that the European crisis is slowing the country's recovery and the creation of jobs.

481 Comments

Debt crisis: Spain and Italy to be bailed out in £600 billion deal

 

 

Europe forced to fill gap as ECB 'refuses' to buy bonds

 

 

G20 warns US over deficit amid fears it is the next crisis to hit

 

 

G20 Summit communiqué: full text

 

 

 

 

US Fed sharply lowers growth forecasts

 

bernanke_2241858g.jpg

America's central bank has stepped up efforts to rescue the US recovery by extending “Operation Twist”, a diluted version of quantitative easing, but it disappointed markets by failing to launch a full-blown stimulus programme.

2 Comments

 

Farepak case against directors collapses

 

stockings_2086125g.jpg

A multi-million legal case against directors of Christmas saving scheme Farepak has collapsed in a humiliating blow to the Government.

 

Russia 'wants BP to stay’ in the country

 

tnk-bp-2_2236164g.jpg

BP could yet find a way forward in Russia, a senior member of the country’s government has suggested, declaring the state did not want the British oil major to leave the country.

Comment

 

Ryanair's 'now or never' bid for Aer Lingus

 

oleary_2249850g.jpg

“We are generating so much bloody money we don’t know what to do with it.”

2 Comments

 

Procter & Gamble shaves growth targets

 

Slower growth in China and tough Western markets prompted Procter & Gamble, the maker of Gillette razors and Pantene shampoo, to cut its growth forecasts.

Comment

 

Banks have 'questions to answer' over swaps

 

 

 

 

Treasury ministers 'avoiding' Energy Bill grilling

 

 

 

 

Insider dealing trio sentenced to over five years

 

 

 

 

Investors given more power over board pay

 

Markets bet Germany will be dragged down with everyone else

 

 

 

Fed resists more QE, extends 'Operation Twist'

 

 

 

 

King voted down on more QE with BoE split 5-4

 

Markets bet Germany will be dragged down with everyone else

 

Perils of a half-baked rescue for Spain and Italy

 

Boots is the right medicine to soothe Walgreens' growing pains

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

style="text-align: center;">  

Thread Locked

because no one has posted on it for the last 4327 days.

If you need to add something to this thread then

 

Please click the "Report " link

 

at the bottom of one of the posts.

 

If you want to post a new story then

Please

Start your own new thread

That way you will attract more attention to your story and get more visitors and more help 

 

Thanks

Guest
This topic is now closed to further replies.
  • Recently Browsing   0 Caggers

    • No registered users viewing this page.

  • Have we helped you ...?


×
×
  • Create New...