Creditlust - creditlust.com - Comments on:
General Information:
Latest News:
Does Fred Goodman deserve a £650,000 a year pension? 2 Mar 2009 | 03:46 pm
Maybe, had Sir Fred Goodman retired two years ago when the price of Royal Bank of Scotland share was 705p and RBS was worth £65 billion, then a £650,00 year pension might have be understandable. At th...
Step aside Prime Minister. The President will save the World 27 Jan 2009 | 09:04 am
Gordon Brown believes he may have saved the world last November with his global anti-recession package but it is time for him to step aside, and play Robin to Obama’s Batman to finish the job. [Sorry ...
It’s Official: The UK is in recession (and it’s a deep one) 24 Jan 2009 | 07:05 am
GDP falls steeply by 1.5% With today’s figures indicating that the Gross Domestic Product fell by 1.5% over the last three months coupled with the previous quarter’s drop of 0.6% meant that the UK is...
Microsoft limps in behind Apple with reduced earnings 23 Jan 2009 | 11:00 am
A day after the excellent quarterly results from Apple it was Microsoft turn. Although revenues were up 2% to $16.63 billion, net income was down 11% to $4.17 billion, which demonstrates a significant...
Obama’s faith in technology answered by Apple 22 Jan 2009 | 09:34 am
Technology is the way forward In the 44th president’s inauguration speech, Barack Obama talked the key role of science and technology in rebuilding the USA. “We will restore science to its rightful ...
Founding Fathers’ dream of liberty for all is finally realized 21 Jan 2009 | 12:16 pm
A truly historic day as America’s most talented politician, Barack Obama, assumed the presidency of the United States of America. High on his rhetoric, his idealism, his realism and his hope, I am onl...
Bank Loan Scheme is the last step before Nationalisation? 20 Jan 2009 | 10:32 am
Today the UK government launched their last attempt to unfreeze the credit markets with a three pronged bank loan scheme: Working Capital Scheme – cost £10bn – provides a 50% guarantee on £20 billion...
Barclays and RBS share prices plunge 17 Jan 2009 | 06:34 am
Barclays and RBS share prices fell by 25% and 17% respectively today; Barclays from £1.30 to £0.98 and RBS from £0.418 to £0.347. My wife indicated that the deeper plunge at Barclays was due to my de...
Intel profits down 90% as PC manufacturers run down inventory 16 Jan 2009 | 12:10 pm
Intel’s fourth quarter profits took a hammering as their quarterly net income fell 90% from $2.014 billion to $0.234 billion. The credit crunch had driven revenue down from $10.217 billion to $8.2 bil...
Barclays sheds another 2100 jobs (including mine) 15 Jan 2009 | 09:33 am
In response to market conditions Barclays shed another 2100 jobs today The economic recession just got a bit more real for me, as my job was one of the ones to go as Barclays Global Investors reigned...
