Death of a Genius

Michael might of attracted controversy throughout his life – but what no one can get away with was this man was unique artist of our age and we will not see any like him.  May he rest in peace.

Congratulations Obama

A little bit late I know – but I’ve been busy.  I was really hoping Americans would not go for McCain – he may not be a crazy right winger and he may of been a war hero, but he represented what was more of the same.  He looked like someone that could be easily [...]

No Bailout for US Banks

Looks like there will be no light at the end of this financial crisis tunnel as the US House of Representatives throws out Bush’s $700billion bailout package for Banks.  The big question is now where do we go from here?

Financial Collapse

The news is bad – the climate is gloomy.  What is going to happen next? Who is going to be the next victim? After Lehman and Merril and then AIG and HBOS where the heck do we run too to hide?
I never thought I’d see a meltdown in the Banking sector like I’m seeing this [...]

Merrill Gets Swallowed Up as Lehman Collapses

As the news of Lehman Brother’s collapses – news came through early Monday morning that Bank of America had brought Merrill Lynch for $50Billion – looks like we’re entering a new era on the world markets.

Lehman Brothers on the Brink

After a loss of 80% of its value last week the US Bank is desperately trying to workout a survival package and its very likely it will end up no longer an independent bank or even broken up into pieces.  The doom and gloom on the financial markets continue…

Markets Crash

Not a good start for 2008 as world stock markets crash amid fears that the US is heading towards a recession thus dragging the rest of the world economies with it.
2007 wasn’t a good year, but 2008 is proving to be worse.  Time to tighten belts and hold on as companies start letting people go, [...]

Showing Solidarity To Burma

 
Difficult to see what other nations can really do – especially with one of the permanent members of the Sercuity Council (China) saying that this is an internal affair, they do have a point. 
 But its sickening to think that innocent people are being tortured and killed just because they want they own country back and [...]

The World is Watching…

The world can do nothing but hold its breathe at the events unfolding in Burma, the military have come out in force and made it quite clear of their intentions should the demostrations continue.
Will the world stand and watch?

The End of Northern Rock?

When Northern Rock asked the Bank of England for emergency funds – account holders wasted no time in withdrawing their funds from the beleagured building society in spite of Government assurances that the situation was stable.  In this day and age especially with the credit squeeze in recent weeks in the US and the information [...]