FTSE 100
Dow Jones

Tuesday, 22 April 2008

Well he would say that, wouldn't he?

Asked if he was considering his position, Fred Goodwin said: "There are more important issues here."

So let's get this straight. RBS is a well run institution, which is why it has found iself short of capital. It is not in financial difficulties, which is why it is looking to sell all or part of its insurance business (as a financial measure not a strategic change).

Tuesday, 15 April 2008

Belgian binge drinking puts us to shame

"Last year the average Belgian consumed 35 litres of claret and 6 million litres of white Bordeaux."


Saturday, 5 April 2008

Brown wants to reform the IMF

... to act as an early warning system.

Wasn't he listening to these warnings:

December 2003 IMF gives Brown borrowing warning
September 2005 IMF report Warning over £1 trillion mountain of debt
September 2005 Brown besieged over growth and borrowing plans
December 2005 IMF fires new warning over Britain's finances
September 2006 IMF warns over UK property crash
October 2007 IMF report UK house market is 'heading for crash'
April 2008 IMF: UK vulnerable to US-style housing slump

Gordon Brown rules out Olympic boycott

... because the Dalai Lama is against it.

What a loser! The Dalai Lama has a gun to the head of his people. Brown is under no such threat but is keen to appease the authoritarian Chinese. Well I have no such scruples, and I can confirm right now that I will not allow myself to be considered for selection for this year's Olympics. I am sorry if anybody feels let down, but we have to make a stand.