Overpaid, who me?
Thu, 30 Apr 09 06:00 am
It seems the English sportsmen are doing a good impression of the UK economy this week. With the abysmal performance in the West Indies last week and the friendly against Spain on Wednesday, perhaps overpaid and ineffectual are adjectives not confined to those operating solely in the banking sector?.
Stanford Super Series
Thu, 30 Apr 09 06:00 am
Sitting here amongst the London drizzle I cannot help but spare a thought for Allen Stanford the Texan tycoon who is probably hiding on a tropical island somewhere. Stanford, you may recall once put up $20 million for a Twenty20 cricket match and has recently been accused of an $8 billion fraud by the US Securities and Exchange Commission. Perhaps more criminal is the moustache he's sporting but that is by the by? if England had got as many runs on the Antiguan pitch as Stanford had on his Antiguan bank, English cricket would be much better for all involved...
Sterling slumming it
Thu, 30 Apr 09 06:00 am
An inspiring beginning to the week as Slumdog cleaned up at the Oscars and Gail Trimble took out the University Challenge opposition. Somewhat less inspiring for markets however as we have seen a number of new themes emerge. Risk aversion is still top of the international agenda, albeit in a somewhat different way. The general muted tone has settled back over equity markets following a mid-week rally triggered by comments from Ben Bernanke, Chairman of the Federal Reserve...
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