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The great interest rate rip off part 10


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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

 

 

 

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

Link to post
Share on other sites

Greek PM rejects 'absurd' proposal from lenders | btn_rel_video.gif

 

IMF 8:10pm BST

 

Deutsche Bank probes $6 billion suspected money laundering - source

 

8:03pm BST

 

Greek PM rejects 'absurd' proposal from creditors

 

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Deutsche Bank probes suspected $6 billion money laundering - source

 

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FIFA crisis bigger than Olympics scandal - ex-investigator Pound

 

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OPEC oil output to exceed unchanged production target - Goldman

 

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Oil seesaws on strong dollar, OPEC decision

 

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Fiat Chrysler CEO says Ferrari share listing will be after October 12

 

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U.S. jobs data lifts dollar, yields; Wall St. steady

 

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Barclays settles lawsuit over 2008 Lehman brokerage purchase

 

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Vodafone in talks with Liberty Global on asset swap, not merger

 

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Sturdy U.S. jobs report boosts chances of September Fed rate hike

 

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More Greeks want EU/IMF deal accepted than those who do not

 

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S&P raises Ireland's long-term credit rating to 'A+'

 

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FTSE posts biggest weekly drop in six months, grocers slip

 

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Factbox - Running order for OPEC meeting in Vienna

 

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UK weighs September RBS sale to avoid Lloyds clash - sources

 

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Delayed Greek IMF payment won't hasten capital controls - bankers

 

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eBay for stock-pickers: trading tips for sale online

 

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Falkland oil driller to press on despite Argentina legal threat

 

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EU ruling removes threat of higher costs for insurance sector

 

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Italian court to rule on Monte Paschi cash call on June 17

 

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Switzerland plans to drop tax privileges for holding companies

 

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Morrisons meeting shines light on grocer's empty shelves

 

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Iraqi oil min sees rising demand; crude at $75 by year end

 

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EU/IMF proposal overlooks months of talks with Athens - Greek government official

 

IMF 12:25pm BST

 

UK public inflation expectations tick up in May - BoE

 

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Schaeuble might meet Varoufakis in Berlin on Tuesday - spokesman

 

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Bank of England should promote alternatives to banks - Kohn

 

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Highlights - OPEC meeting in Vienna

 

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Japan 10:30am BST

 

Worldpay to hire banks for its 6 billion pound London float - source

 

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German growth outlook brightens as industry orders climb

 

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Global business growth eased in May but employment picked up - PMI

 

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Close to half of Greeks favour compromise deal with lenders -opinion poll

 

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Bundesbank hikes 2015 and 2016 growth forecasts for Germany

 

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Housebuilder Bellway sees growth continuing

 

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Pace of UK hiring slows in May - REC recruiters group

 

UK 12:10am BST

 

British Chambers of Commerce cuts UK growth forecast for 2015

 

UK 12:05am BST

 

Siemens wins first order for new British wind turbine factory

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

US economy adds 280,000 jobs in May

 

 

 

 

The US economy adds 280,000 jobs in May, much better than analysts had expected and the biggest increase this year.

 

 

 

India regulator bans Maggi noodles

 

India's food safety regulator says tests have found that Nestle India's Maggi instant noodle products are "unsafe and hazardous".

 

 

 

Related content

 

 

 

Full article India regulator bans Maggi noodles

 

 

 

 

 

Don't humiliate Greece - PM Tsipras

 

Alexis Tsipras warns Greece's international creditors not to impose humiliating terms as the country seeks urgently needed bailout funds.

 

  • 1 hour ago
  • From the section Europe

 

 

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Full article Don't humiliate Greece - PM Tsipras

 

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Full article Lloyds fined £117m over PPI handling

 

 

 

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Full article UK hiring pace reported slow in May

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  • 4 hours ago
  • From the section UK

 

Full article Disability benefit delay 'unlawful'

Israel PM attacks Orange over deal

 

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

High Inflation Makes Ukraine’s Troubled Situation Worse

 

By DANNY HAKIM

 

 

While the rest of Europe tries to shrug off low inflation, Ukraine is dealing with sharply rising prices. The costs of many goods have doubled or tripled.

 

 

 

06inflation_web-sfSpan.jpg

Brendan Hoffman for The New York Times

 

The Petrivka market in Kiev. Across Ukraine, the price of everything seems to have gone up sharply, including tea, apples and fresh fish.

 

 

 

 

 

 

 

 

 

 

 

N.H.T.S.A. Admits Missing Clues to G.M. Ignition Defect

 

By REBECCA R. RUIZ and BILL VLASIC 12:43 PM ET

 

The National Highway Traffic Safety Administration identified a series of failings that allowed millions of small cars to go unfixed for more than a decade.

 

06jobs-web1-thumbStandard.jpg

Strong Job Growth Data Eases Concerns After Winter Dip in Economy

 

By PATRICIA COHEN 10:50 AM ET

 

Employers added 280,000 jobs in May, a figure that is likely to strengthen the resolve of Federal Reserve officials who are hoping to start raising interest rates later this year.

 

 

db-whites-timeline1-thumbStandard.jpg

Divided S.E.C. Reaches Compromise in Computer Sciences Case

 

By PETER EAVIS and BEN PROTESS 53 minutes ago

 

The agency extracted a $190 million penalty from the company and brought civil charges against eight former employees and executives.

 

 

Fed Deflects Outside Aid to Investigate Data Leaks

 

By BINYAMIN APPELBAUM

 

The Federal Reserve’s practices are the focus of investigations by the Justice Department, the House Financial Services Committee and the Fed’s inspector general.

 

05DRUG-thumbStandard.jpg

‘Viagra for Women’ Is Backed by an F.D.A. Panel

 

By ANDREW POLLACK

 

The vote on flibanserin by an advisory panel to the Food and Drug Administration follows two rejections and a campaign for the drug’s approval.

 

 

The Parched West

 

06drillX_hp-thumbStandard.jpg

California Farmers Dig Deeper for Water, Sipping Their Neighbors Dry

 

By MATT RICHTEL 11:13 AM ET

 

Those who can afford to are drilling deeper, hoping to tap new aquifers, but those new wells threaten to arouse long-dormant water disputes in the state.

 

greekdebt-web1-thumbStandard.jpg

Greece’s Governing Party Adds to Pressure From Country’s Creditors

 

By LIZ ALDERMAN 1:21 PM ET

 

Members of Syriza and government officials amplified their dissent over a new bailout plan hours before the prime minister was to address Parliament.

 

 

06walmart-web-thumbStandard.jpg

Walmart Board Elects New Chairman

 

By HIROKO TABUCHI 12:06 PM ET

 

Greg Penner will replace Rob Walton, who has been chairman for 23 years. Mr. Penner’s earlier roles have included senior vice president for finance.

 

06breach_hp-thumbStandard.jpg

Chinese Hacking of U.S. Data May Extend to Insurance Companies

 

By NICOLE PERLROTH, DAVID E. SANGER and JULIE HIRSCHFELD DAVIS 11:42 AM ET

 

The same attackers who breached the records of millions of government workers appear to be behind similar thefts at Anthem and Premera Blue Cross, cybersecurity experts say.

 

 

 

 

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

IMF has betrayed its mission in Greece, captive to EMU creditors

 

greece2_3196747d.jpg

The IMF’s Original Sin in Greece was to let Dominique Strauss-Kahn hijack the institution to save Europe's banks and the euro when the crisis erupted, dooming Greece to disaster.

 

Iran and Saudi Arabia on a collision course over oil at Opec

 

oil_1915244d.jpg

Oil minister says Iran will start pumping an extra 1m barrels per day of crude after nuclear sanctions are lifted by the West

 

jobs-us_1985950g.jpg

Robust jobs growth keeps US on course for 2015 rate rise

 

US economy adds more jobs than expected in May as earnings rise at fastest pace in almost two years

 

baker-St-1_2681247g.jpg

Lloyds cuts bonuses after record fine for PPI failings

 

Bank pays more than £117m to Financial Conduct Authority and executives forfeit £2.65m in share awards after latest mis-selling blow

 

Halfords sales surpass £1bn for the first time

 

pendleton_2613806d.jpg

The bike and car parts retailer is implementing a turnaround strategy that is bearing fruit

 

vodafone_3330537g.jpg

Vodafone in asset-swap talks with Liberty Global

 

The FTSE 100 company is in deal talks with the Virgin Media owner but is not considering a full-blown merger

 

royal-mail_2695354g.jpg

Royal Mail shares fall after Osborne announces sale plan

 

Government appoints Rothschild to sell remaining 30pc stake in postal service

 

wheatley2_2305891g.jpg

FCA hires new watchdogs from Hong Kong and the US

 

Mark Steward and Barbara Frohn will join the regulator in the autumn

 

newPic_8953_PNG_3297180g.jpg

Families feel benefits of recovery but trade deficit remains 'economic time bomb'

 

Low inflation to boost real wage growth this year, although BCC flags concerns over widening trade deficit

9 Comments

pylons_3330340g.jpg

An impartial body for the energy sector would restore consumer trust, says Npower

 

Greek PM addresses parliament over debt talks

 

IMFBanner_3260722f.jpg

 

Greece is bankrupt: it must break free from its economic prison

 

How central banks have sown the seeds for the next financial crisis

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

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

 

 

 

 

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

George Osborne: we've hit banks hard enough

 

london_3332154d.jpg

Chancellor will use Mansion House speech to indicate the financial sector won't face tougher regulations

156 Comments

Sainsbury's continues to lose fight against falling sales

 

Sainsbury_1721731g.jpg

Analysts predict the supermarket giant could report a fall in sales of up to 2.5pc this week

5 Comments

Tate & Lyle Sugars: We'd be better off outside the EU unless Cameron secures major reforms

 

sugar_2497681g.jpg

Britain's last cane sugar refiner said the referendum is the last chance to get a fairer deal on regulation

5 Comments

Is smoking finally on its way to being stamped out?

 

Smoking_2863037d.jpg

The proportion of UK adults who smoke has fallen from 27pc in 1999 to 19pc last year

13 Comments

oil_1915244g.jpg

Iran and Saudi Arabia on a collision course over oil at Opec

 

Oil minister says Iran will start pumping an extra 1m barrels per day of crude after nuclear sanctions are lifted by the West

 

greece2_3196747g.jpg

IMF has betrayed its mission in Greece, captive to EMU creditors

 

The IMF’s Original Sin in Greece was to let Dominique Strauss-Kahn hijack the institution to save Europe's banks and the euro when the crisis erupted, dooming Greece to disaster.

 

 

Farmfoods hails 38pc profit boost

 

farmfoodsuse_2935045g.jpg

Frozen food retailer Farmfoods says consumers continue to spurn traditional supermarkets

Comment

Brazil's richest man 'mulling bid for Diageo'

 

glasses_3332179g.jpg

Diageo shares jump in the US on reports Jorge Paulo Lemann is eyeing a takeover bid

14 Comments

65402214_FILE---MA_3332061g.jpg

BP executive acquitted of lying about Gulf of Mexico oil spill

 

David Rainey, BP's former vice-president of exploration in the Gulf, did not deliberately understate the amount of oil flowing into see from stricken rig

15 Comments

jobs-us_1985950g.jpg

Robust jobs growth keeps US on course for 2015 rate rise

 

US economy adds more jobs than expected in May as earnings rise at fastest pace in almost two years

The never-ending Greek drama will help the Brexit supporters

 

The humble life of Zara owner Amancio Ortega is to be admired

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

Demand and Expectations Grow for Green Retirement Communities

 

By CONSTANCE GUSTKE

 

Many older adults are seeking residences that offer eco-friendly amenities, but the challenge is ferreting out which facilities are legitimate.

money-sfSpan.jpg

Robert Neubecker

 

 

Your Money

 

House Value Jumping? Save Your Home Improvement Receipts

 

By RON LIEBER

 

Solid gains in home values mean more homeowners could face a hefty tax when they sell. Keeping track of home improvement costs could help defray that tax.

 

 

 

 

 

 

 

 

06inflation_web-thumbStandard.jpg

High Inflation Makes Ukraine’s Troubled Situation Worse

 

By DANNY HAKIM

 

While the rest of Europe tries to shrug off low inflation, Ukraine is dealing with sharply rising prices. The costs of many goods have doubled or tripled.

 

06retail-web1-thumbStandard.jpg

Walmart, Lagging in Online Sales, Is Strengthening E-Commerce

 

By HIROKO TABUCHI

 

Trailing Amazon in e-commerce sales, Walmart is starting a new online shipping program, hiring tech employees and pledging to invest $1 billion in online operations.

 

 

06LEHMAN-thumbStandard.jpg

Lehman to Pay Barclays $1.3 Billion to Settle Suit

 

By MICHAEL J. de la MERCED

 

The pact, if it wins court approval, would conclude about six years of fighting involving Barclays over the sale of Lehman Brothers.

 

06jobs-web1-thumbStandard.jpg

Strong Job Growth Data Eases Concerns After Winter Dip in Economy

 

By PATRICIA COHEN

 

Employers added 280,000 jobs in May, a figure that is likely to strengthen the resolve of Federal Reserve officials who are hoping to start raising interest rates later this year.

 

 

NHTSA-thumbStandard.jpg

Safety Agency Admits Missing Clues to G.M. Ignition Defects

 

By BILL VLASIC and REBECCA R. RUIZ

 

The National Highway Traffic Safety Administration identified a series of failings that allowed millions of small cars to go unfixed for more than a decade.

 

db-whites-timeline1-thumbStandard.jpg

Divided S.E.C. Reaches Compromise in Computer Sciences Case

 

By BEN PROTESS and PETER EAVIS

 

The agency extracted a $190 million penalty from the company and brought civil charges against eight former employees and executives.

 

 

The Parched West

 

06drillX_hp-thumbStandard-v3.jpg

California Farmers Dig Deeper for Water, Sipping Their Neighbors Dry

 

By MATT RICHTEL

 

Those who can afford to are drilling deeper, hoping to tap new aquifers, but those new wells threaten to arouse long-dormant water disputes in the state.

 

 

greekdebt-web1-thumbStandard.jpg

Tsipras Declares Creditors’ Debt Proposal for Greece ‘Absurd’

 

By LIZ ALDERMAN

 

The prime minister, in a speech to rally his party’s dissenters, took a defiant stand but said Athens’s negotiating strategy would “soon bear fruit.”

 

 

JP-DIVEST-thumbStandard.jpg

Norway Will Divest From Coal in Push Against Climate Change

 

By JOHN SCHWARTZ

 

Parliament voted to order the nation’s pension fund to shift holdings out of billions of dollars of stock in companies that rely at least 30 percent on coal.

 

 

 

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

 

 

 

 

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

Sony Music CEO confirms launch of Apple's music streaming Monday - VentureBeat

 

8:15pm BST

 

EU chief rebukes Greece, demands swift debt plan | btn_rel_video.gif

 

World 8:10pm BST

 

Japan economy returning to 'growth orbit' - PM's spokesman

 

Japan 7:41pm BST

 

Poland's LOT keeps options open in difficult hunt for investor

 

Aerospace & Defence 7:40pm BST

 

New EU rules may hasten commodity liquidity flight

 

7:36pm BST

 

Mars joins BP and Shell in opposing European financial market regulations - FT

 

7:36pm BST

 

American Airlines CEO cites capacity growth risks

 

Aerospace & Defence 7:33pm BST

 

Germany's GEA on lookout for takeover deals - Boersen-Zeitung

 

7:27pm BST

 

Shire considers takeover of Swiss biotech group Actelion - Sunday Times

 

7:16pm BST

 

Deutsche Bank appoints new CEO in latest post-crisis shakeup

 

6:54pm BST

 

Jain puts Deutsche Bank on world stage but leaves it in limbo

 

6:54pm BST

 

Deutsche Bank's new CEO unlikely to force major strategy shift -source

 

5:57pm BST

 

Airbus says hopes to resume A400M pre-delivery test flights soon

 

Aerospace & Defence 5:25pm BST

 

Greece needs 'Speech of Hope' from German leader - Varoufakis

 

World 4:16pm BST

 

Greece says wants to keep seeking common ground with lenders

 

World, IMF 4:16pm BST

 

Greece says wants to keep seeking common ground with lenders

 

World, IMF 3:01pm BST

 

Britain prepares to review bank tax to stop potential exodus - report

 

1:59pm BST

 

EU's Juncker rebukes Greece's Tsipras, urges swift proposals

 

World 11:11am BST

 

Britain to unveil plans to clean up markets hit by rigging scandals

 

10:11am BST

 

Pick-up continues as Greek drama plays on

 

9:11am BST

 

EU's Juncker snubs Greek PM after 'absurd' debt deal rebuff | btn_rel_video.gif

 

World 2:06am BST

 

Greek PM to hold talks with Merkel, Hollande in Brussels on Wednesday

 

World 2:06am BST

 

ECB plans more health checks for banks in 2016: Nouy in paper

 

1:06am BST

 

Apple set to introduce Apple Pay in Britain - Telegraph

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

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

Greece's Tsipras 'failed' to deliver

 

 

 

 

Greek PM Alexis Tsipras "failed" to deliver economic reform plans that he had "promised", says European Commission president, Jean-Claude Juncker.

 

Related content

 

 

Deutsche Bank's co-chiefs resign

 

The two co-chief executives of European banking giant, Deutsche Bank, resign in the face of shareholder anger over regulatory fines and falling profits.

 

 

 

Related content

 

 

 

Full article Deutsche Bank's co-chiefs resign

 

 

 

 

 

'Gluten-free' products recalled

 

Major supermarkets recall a number of products advertised as gluten-free, warning they may actually contain gluten.

 

  • 15 minutes ago
  • From the section UK

 

 

Related content

 

 

 

Full article 'Gluten-free' products recalled

 

End of the line for rail vouchers

 

  • 6 June 2015
  • From the section Business
  • 217 comments

 

Full article End of the line for rail vouchers

Savers trying to bend pension rules

 

 

Full article Savers trying to bend pension rules

Documents 'show Fifa bribe payments'

 

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

Deutsche Bank co-chiefs Jain and Fitschen to step down

 

20140129_deutsche-_3332834d.jpg

Anshu Jain and Juergen Fitschen announce their departure just weeks after the German bank was hit with a record £1.7bn Libor-rigging penalty

6 Comments Greece told to strike a deal or face 'dramatic consequences'

 

merkel-tspiras_3242526g.jpg

Time is running out for Syriza and Greece's lenders to find common ground, European leaders warn

784 Comments

 

BT seen as likely takeover target for Germans

 

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Telecoms deal mania increases speculation that Deutsche Telekom is eyeing Britain's former state monopoly

1 Comment

Sorrell says high pay is for 'top-of-the-tree’ performance

 

sorrell_3102909d.jpg

 

Scaffolding tycoon Mohed Altrad wins EY’s coveted entrepreneur prize

 

altrad_3332993g.jpg

Born in the desert, Altrad doesn’t know his own birthday, but now turns over £630m through his eponymous company

Comment

Liberty boss in secret talks over merger with Vodafone

 

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Liberty Global looks at combination despite asset swap talks

6 Comments

Is smoking finally on its way to being stamped out?

 

Smoking_2863037d.jpg

The proportion of UK adults who smoke has fallen from 27pc in 1999 to 19pc last year

173 Comments

Cedar Rock founder pays himself £14m

 

city-of-london_2748155g.jpg

Andy Brown, founder of long-only investment firm Cedar Rock, pays himself a multimillion pound dividend despite a fall in profits

Comment

Roman Abramovich increases his stake in Velocys

 

Roman-Abramovich_A_2406067g.jpg

The owner of Chelsea Football club has become the biggest shareholder in Aim-listed company Velocys

Comment

Shire 'makes £12bn takeover approach for Actelion'

 

shire_1935512g.jpg

Swiss drug maker becomes target, according to report

 

Why is Athens still refusing the free lunch of a Grexit?

 

The never-ending Greek drama will help the Brexit supporters

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
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Protections for Late Investors Can Inflate Start-Up Valuations

 

By RANDALL SMITH 1:55 PM ET

 

 

Terms providing insurance against subsequent developments appeal to company founders because they provide new cash at the highest nominal valuation, reducing dilution if all goes well.

 

 

 

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Richard Drew/Associated Press

 

Aaron Levie, left, the chief executive of Box, celebrating with his co-founder, Dylan Smith, center, at the New York Stock Exchange during their initial public offering in January. Box offered stock protections, also known as structuring, to two venture investors.

 

 

 

 

 

 

 

 

 

 

 

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Co-Chief Executives of Deutsche Bank Resign

 

By JACK EWING 12:03 PM ET

 

Anshu Jain and Jürgen Fitschen will be replaced by John Cryan, former chief financial officer of the Swiss bank UBS, Deutsche Bank said on Sunday.

 

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Transgender Children’s Books Fill a Void and Break a Taboo

 

By ALEXANDRA ALTER

 

Mainstream publishing houses are increasingly giving visibility to transgender authors and their books, which are aimed at broader and younger audiences.

 

 

Strategies

 

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The High Cost of Investing Like a Daredevil

 

By JEFF SOMMER

 

Research suggests that investors who think short term stand to miss out on thousands, or even hundreds of thousands, of dollars in returns.

 

Workspace

 

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Susan Axelrod of Finra: An Eye in the Sky Keeping Watch on Wall Street

 

Interview by PATRICIA R. OLSEN

 

Ms. Axelrod keeps the financial industry following the rules from her office on the 48th floor of a building in Lower Manhattan.

 

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Korean Robot Makers Walk Off With $2 Million Prize

 

By JOHN MARKOFF

 

The robots were graded on their ability to complete eight tasks, including driving a vehicle, opening a door and operating a portable drill.

 

Tenure Firmly in Place, but Colleges Grow Wary of Lasting Commitments

 

By TAMAR LEWIN

 

Universities across the country are becoming far more cautious about awarding tenure, particularly in departments where enrollment is declining.

 

The Parched West

 

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California Farmers Dig Deeper for Water, Sipping Their Neighbors Dry

 

By MATT RICHTEL

 

Those who can afford to are drilling deeper, hoping to tap new aquifers, but those new wells threaten to arouse long-dormant water disputes in the state.

 

 

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Dennis Hastert Rushed to Make Money as Payouts Grew

 

By ERIC LIPTON

 

The former speaker of the House became more active in his lobbying firm at about the time that, according to a federal indictment, he began making large payments to a man known as “Individual A.”

 

 

The Upshot

 

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When It’s a Crime to Withdraw Money From Your Bank

 

By JOSH BARRO

 

A look at what the former House speaker Dennis Hastert is accused of, and why the government is so interested in what people do with their money.

 

 

The Upshot

 

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Hubris, and Sputnik, Doomed the Edsel

 

By MICHAEL BESCHLOSS

 

Gadgetry like Teletouch Drive, which allowed drivers to shift gears by pushing a button, came to be seen as frivolous gimmicks after the Soviets launched Sputnik.

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.

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