Tag Archives: ftse

Economic Roundup, Friday 15th May 2009

15May09 – 13:49

Economic commentators this week have been attempting to outdo each other with recession shapes this week. Beyond L shaped, V shaped and W shaped we have Stephanie Flanders suggesting square root shaped, Moodys suggesting hook shaped and Deutsche Bank suggesting diminishing sine wave shaped recovery.
There's a fair amount of talk about green shoots, the Bank [...]

By Andreas Paterson | Posted in Economy | Also tagged , , , | Comments (0)

Economic Roundup, Friday 24th April 2009

24Apr09 – 13:32

Your correspondent is rather glad that this weeks budget and it's accompanying stories have displaced lobby hack confessionals detailing such things as "the dark poisonous heart that beats and the centre of NO. 10" and "..the cold, dead eyes of Damian McBride..". Admittedly, one wonders if headlines such as THEY'VE RUINED BRITAIN!! are really that [...]

By Andreas Paterson | Posted in Economy | Also tagged , , , , , , , , | Comments (0)

Economic Roundup, Friday 10th April 2009

10Apr09 – 13:13

Firstly, infuriating your correspondent is the behavior of the Barclays top brass, having taken a gigantic pay cut, Bob Diamond appears to supplementing his income with an extra £4.7 million as a result of a dividend issued by Barclays Global Investors on the back of the sale of iShares to CVC. Since CVC is getting [...]

By Andreas Paterson | Posted in Economy | Also tagged , , , , , | Comments (0)

Economic Roundup, Friday 27th March 2009

27Mar09 – 14:03

Apologies folks for the lack of posting this week, your correspondent has been suffering from something of a lack of inspiration in recent days. Here's this weeks economic roundup:

Although we at Common Endeavour Towers take a pretty dim view of the country's banking classes, we don't condone violent means. Such behavior could lead to the [...]

By Andreas Paterson | Posted in Economy | Also tagged , , , , , , | Comments (0)

Economic Roundup, Friday 20th March 2009

20Mar09 – 14:17

First up let's start with people at Barclays, your corresondent reckons that they will rue the day they chose the Sultan's shekel over the Queen's shilling. For now they seem desperate to raise cash and have got in almighty scrap with the Guardian over tax avoidance. Sunny has more.
OPEC have announced that they will not [...]

By Andreas Paterson | Posted in Economy | Also tagged , , , , , | Comments (0)

Economic Roundup, Friday 13th March 2009

13Mar09 – 14:20

Welcome to a world where Bill Gates is once again the worlds richest man, and Bernie Madoff is about to get his comeuppance.

We'll start this week with news of bad times for the worlds billionaires, apparently this crisis has destroyed 45% of the world's wealth (assuming it actually existed in the first place) and hardest [...]

By Andreas Paterson | Posted in Economy | Also tagged , , , , , , , , , , | Comments (0)

Economic Roundup, Friday 6th March

06Mar09 – 14:16

This week, we hear that a trillion is the new billion, and once again take a light hearted look into all things gloomy in the economy:

Come the revolution, the moneyed classes will be among the first against the wall. Your correspondent is tempted to put in a good word for private equity boss Guy Hands [...]

By Andreas Paterson | Posted in Banks, Capitalism, Economy | Also tagged , , , , , , | Comments (0)

Economic Roundup Friday 27th February

27Feb09 – 14:22

This week your correspondent has come across the wonderful term pessimism porn, it's available free and it's all over the internet.

Let's start out with a little banker bashing, first focus of our ire is former RBS chief Sir Fred Goodwin. Fred the shred, ruthless costcutter failed to live up to his reputation when it came [...]

By Andreas Paterson | Posted in Economy | Also tagged , , , , , , , , , , , | Comments (0)