Archive for November, 2008

(AFX UK Focus) 2008-11-19 21:59 WRAPUP 3-US consumer prices, home starts plunge in October (Interactive Investor)
By Glenn Somerville

Debt Rattle, November 18 2008: He’ll Have To Go
John B. Trevor The Century Ahead 1921 Trevor family trip through western United States Ilargi: I’ll make way today for something my partner in crime Stoneleigh wrote a few days ago as a comment on Garth Turner’s site, GreaterFool.ca. Coincidentally, they’re supposed to meet today for the first time, somewhere in southern (?!) Ontario where Stoneleigh will sternly lecture the crowds on biogas and grid transmission. First, though, there’s this. Hank Paulson was in Congress again this morni

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THE WORLD today!
——————————————————————————— 1. Barack Obama wins Presidential Election and becomes the 44th President of the United States. 130 Million Americans, more than in any other election since 1960, voted for a change and choose Obama, obtaining a historic victory to become the first black President of the United States, congratulating and celebrating world leaders, expressing hope, expectations and confidence in a fresh approach to the world’s challenges. Obama won the popular vote with 52% to 46% of M

Debt Rattle, November 21 2008: Treading Lukewarm Water
G. G. Bain Wall Street Blood September 16, 1920 Aftermath of the explosion that killed dozens of people in New York’s financial district, when a horse wagon loaded with dynamite and iron sash weights blew up in front of the J.P. Morgan bank at 23 Wall Street. The attack, which was attributed to Italian anarchists, was never solved. Ilargi: Look, I already told you he has to go, but you, Barney Frank, Chris Dodd, you just let him lie to you time after time. And you just sit there pretending

Paulson Translated
After listening to and reading the text from Paulson’s speech this morning, I had to sit down and translate it because there was so much he wasn’t saying and so much that he was saying that was just not “right.” I hope that you’ll do two things: Take the time to read the entire thing. Make your opinions known - tell me if you think I’m all wet. Talk to others about it, write your local paper, forward a copy of this to others, call your congressman. Don’t just sit back and say, “I don’t li

Every little helps…. Mortgages by Tesco?
I read an interesting article today (here) about Tesco. Apparently Tesco Personal Finance will offer mortgages in the UK in the near future, however, they have not decided if they will include broker facing product ranges in the recently announced offering. The supermarket chain has taken on Benny Higgins, former head of retail business at HBOS, and in press over the weekend he says there are plans to expand the Tesco Personal Finance offering to include mortgage and current accounts products