Friday, 13 July 2012



Geithner Libor Memo Expressed Concern Over Rate's 'Integrity' In 2008

Geithner Libor Memo Expressed Concern Over Rate's 'Integrity' In 2008

Commented Jul 13, 2012 at 13:20:38 in Business

Sorry?  The guy expressed concern in 2008 - the time of the worst banking crisis since the 30s - about some banks he did not have any influence over not being transparent and about self-report data he also could not influence having integrity issues, as any self-report may have. What did you want him to do beyond that: play Samson in the temple?

The bigger question is why the markets allowed self-report data to so heavily influence them. Were they too lazy to demand hard data or, back then, did they still believe a banker's word was his bond?
Call to End Junk Food Sponsors From Future Sporting Events

Call to End Junk Food Sponsors From Future Sporting Events

Commented Jul 13, 2012 at 04:40:16 in UK Politics

One man's junk food is another's staple diet. Still, if we just make compulsory everything that is not forbidden, everyone will be healthy and happy, right?
Syria Uprising: 'Up To 200 Killed In Homs, Taramseh Shelling' (PICTURES)

Syria Uprising: 'Up To 200 Killed In Homs, Taramseh Shelling' (PICTURES)

Commented Jul 13, 2012 at 04:07:48 in UK

The reports from Syria are beginning to suggest that one side is just as nice as the other.
Mitt Romney On NAACP Obamacare Booing: If People Want 'More Free Stuff' They Should Vote For Obama

Mitt Romney On NAACP Obamacare Booing: If People Want 'More Free Stuff' They Should Vote For Obama

Commented Jul 12, 2012 at 05:13:30 in Politics

It seems a pretty clear choice: "free" stuff or pay your own way.
Sadly, it does not even boil down to free stuff for your lot versus free stuff for my lot.  Obama bailed out big companies and banks just as eagerly as Bush did.
Mitt Romney NAACP Speech Shows He Failed To Learn Father's Civil Rights Lessons, Black Caucus Says

Mitt Romney NAACP Speech Shows He Failed To Learn Father's Civil Rights Lessons, Black Caucus Says

Commented Jul 12, 2012 at 04:42:14 in Politics

I love America: only place where you need a photo ID to ride in an airplane or to cash a check but not to vote.
Former Barclays Boss Bob Diamond Hits Out At Claims He Misled MPs

Former Barclays Boss Bob Diamond Hits Out At Claims He Misled MPs

Commented Jul 11, 2012 at 05:05:04 in UK

“Good for him. 

PS: How much of his pay and pension is Mr Mann donating to charity for his complicity in the government spending so much more than it made and running the country into debt?”

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