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We are almost a month away from the US elections.  You may wonder why I’m interested in that, but it is because it will affect all of us.  A lot.  As demonstrated by the dialogue going on right now about the banking system. So, in the interests of the election, I received some very funny…

We are almost a month away from the US elections.  You may wonder why I’m interested in that, but it is because it will affect all of us.  A lot.  As demonstrated by the dialogue going on right now about the banking system. So, in the interests of the election, I received some very funny…

We are almost a month away from the US elections.  You may wonder why I’m interested in that, but it is because it will affect all of us.  A lot.  As demonstrated by the dialogue going on right now about the banking system. So, in the interests of the election, I received some very funny…

I wake up this morning to hear of a $16 billion bailout for Fortis, an asset stripping sale of Bradford & Bingley (B&B) to Santander with their mortgage book taken over by the government, and confirmation of  $700 billion bailout of banks in the USA and firesale of Washington Mutual (WaMu). Add these names to…

Speaking of Bradford & Bingley (B&B), I got into trouble this week.  You see, they're a bank that's heavily exposed to the mortgage market in Britain and, as mentioned in my last post, they have a £40 billion mortgage book with most of it in buy-to-let (landlords) and self-certification markets.   But they also have…

Speaking of Bradford & Bingley (B&B), I got into trouble this week.  You see, they're a bank that's heavily exposed to the mortgage market in Britain and, as mentioned in my last post, they have a £40 billion mortgage book with most of it in buy-to-let (landlords) and self-certification markets.   But they also have…

Speaking of Bradford & Bingley (B&B), I got into trouble this week.  You see, they're a bank that's heavily exposed to the mortgage market in Britain and, as mentioned in my last post, they have a £40 billion mortgage book with most of it in buy-to-let (landlords) and self-certification markets.   But they also have…

Speaking of Bradford & Bingley (B&B), I got into trouble this week.  You see, they're a bank that's heavily exposed to the mortgage market in Britain and, as mentioned in my last post, they have a £40 billion mortgage book with most of it in buy-to-let (landlords) and self-certification markets.   But they also have…

It’s been a strange week, which is why I’ve only been intermittently blogging.  For example, a visit to the countryside proved a challenge.  There I was in a small village in Suffolk, with only one internet access point: the Library.  And the library would not accept any USB stick usage, so the post I’d written…

It’s late at night and I’m going to bed … but just as I’m finished for the evening, someone has sent me this clip on YouTube of Bulgarian Pop Idol (?!) where a young lady has become a superstar with Mariah Carey’s famous song "Ken Lee".  Superb.