FTSE 100
Dow Jones

Tuesday, 17 February 2009

Reverse spin?

I don't read the Guardian as a rule. They just don't understand markets or the idea that the government is only able to tax people if there is an active economy, but I was struck by the following in an article by Jackie Ashley, particularly because of the contrary spinning by Robert Peston last week.

"The personal involvement of Brown in the Lloyds-HBOS deal - and if it had to be fully rescued by the taxpayer we would be talking about one of the greatest corporate disasters in British history - comes at the worst possible time."

No comments: