by Tom | Jun 10, 2008 | Uncategorized
Amazing that this sort of thing is still possible (borrow from Peter to pay Paul fraud) – surely there must have been some controls somewhere that ought to have caught it?
by Tom | Jun 10, 2008 | Uncategorized
Interesting point from the Economist – oil traders buy oil for immediate delivery, so there is little speculation in the underlying asset. If the price of oil for immediate delivery is higher than futures contrracts, it doesn´t feel like speculation,...
by Tom | Jun 10, 2008 | Uncategorized
Commentary on global securities market sizes in a simple breakdown from the Bank of England. It suggests that subprime is small, but the simple valuation of subprime assets at zero would have a far larger knock-on effect on the rest of the market than the simple 1.4%...
by Tom | Jun 10, 2008 | Uncategorized
Not as rude / depraved as it sounds. Health and safety have banned Haringey´s bin men from displaying cuddly toy mascots in their vans: "in case a child rushes out into the street to grab them". You couldn´t make it up.
by Tom | Jun 10, 2008 | Uncategorized
It looks like we have sent a JCB scoop to pick up a chunk of Mars and analyse it. I´m guessing the scoop in shot isn´t the analyser
by Tom | Jun 7, 2008 | Uncategorized
If we are ever in Wisconsin, we have to go see squirrel taxidermy. Looks on the same lines as Tinkertown, a simply amazing place near Albuquerque.
