Jun 28 2012 @ 09:20
News International has announced that it is to massively increase the cost of buying the Sunday Times and Sun newspapers. This is seen by some as good news for Trinity Mirror (
LSE:TNI) and by others as a prelude to a spinoff of Murdoch’s newspaper interests. I view it another sign of an industry failing to […]
Jun 27 2012 @ 17:07
The banksters at Barclays have today been found guilty of what is, in effect, market abuse. They deliberately worked systematically to manipulate the LIBOR rate and so screwed millions of customers out of millions of pounds. This is just dreadful and Barclays shareholders will now pick up a bill of £290 million to clear up […]
Jun 23 2012 @ 12:18
One of my big calls for the past 18 months has been that when China slows it will not be a slow slowdown but a rapid, dramatic and painful mess. My timing has not been perfect. The bubble (and it is a bubble of sorts) has expanded for longer than I expected but it seems […]