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A friend pointed out this video  in French to me.  I’ve no idea why, except that there’s a new dance craze sweeping the world.  The idea is to hold one leg off the floor whilst swinging your arms around.  Not a bad idea.  Apparently, it takes its inspiration from the old English song, the Hokey-Cokey,…

A friend pointed out this video  in French to me.  I’ve no idea why, except that there’s a new dance craze sweeping the world.  The idea is to hold one leg off the floor whilst swinging your arms around.  Not a bad idea.  Apparently, it takes its inspiration from the old English song, the Hokey-Cokey,…

                    It’s been a long time since there’s been a good banking song (the last one I put out there was way back in May last year), Here is the City has come up with another new one.  Bohemian Rhapsody’s subprime blues:   Is this the real price ?…

Oh dear … being a stockpicker is not easy and Jim Cramer, CNBC’s top stock picker, backed Bear Stearns big time on his show last Tuesday, March 11th.  In fact, as can be seen at Jim Cramer’s Mad Money website, he thought Bear Stearns was a BUY this time last week. Oh dear … with…

Oh dear … being a stockpicker is not easy and Jim Cramer, CNBC’s top stock picker, backed Bear Stearns big time on his show last Tuesday, March 11th.  In fact, as can be seen at Jim Cramer’s Mad Money website, he thought Bear Stearns was a BUY this time last week. Oh dear … with…

Oh dear … being a stockpicker is not easy and Jim Cramer, CNBC’s top stock picker, backed Bear Stearns big time on his show last Tuesday, March 11th.  In fact, as can be seen at Jim Cramer’s Mad Money website, he thought Bear Stearns was a BUY this time last week. Oh dear … with…

Oh dear … being a stockpicker is not easy and Jim Cramer, CNBC’s top stock picker, backed Bear Stearns big time on his show last Tuesday, March 11th.  In fact, as can be seen at Jim Cramer’s Mad Money website, he thought Bear Stearns was a BUY this time last week. Oh dear … with…

Oh dear … being a stockpicker is not easy and Jim Cramer, CNBC’s top stock picker, backed Bear Stearns big time on his show last Tuesday, March 11th.  In fact, as can be seen at Jim Cramer’s Mad Money website, he thought Bear Stearns was a BUY this time last week. Oh dear … with…

Technology is blamed as a major cause of the current market meltdown according to an in-depth article in today’s Financial Times entitled: "Algo trading: the dog that bit its master". These themes build upon the review of capital markets I put forward in December, as well as the discussion of Goldman Sachs’ $1.5 billion algo…

Most of you know that America’s fifth largest bank, Bear Stearns, was sold at bargain basement prices to JP Morgan over the weekend.  The price?  $2 a share.  That’s 90% less than the bank’s valuation last week, and a fraction of the $117 per share value for the bank last October. So, JPM pays $240…