"“We have lent a huge amount of money to the U.S. Of course we are concerned about the safety of our assets. To be honest, I am definitely a little worried.” "


Chinese premier Wen Jiabao 12th March 2009


""We have a financial system that is run by private shareholders, managed by private institutions, and we'd like to do our best to preserve that system."


Timothy Geithner US Secretary of the Treasury, previously President of the Federal Reserve Bank of New York.1/3/2009

Thursday, August 10, 2006

John Reid in the Home Straight for Labour Party Leader

2 weeks ago the odds on John Reid being the next leader of the Labour party tightened from 25 to 1 , to 16's.Lord Patel pointed this out and suggested a mild flutter might not be amiss.

"The increased prominence that John Reid is getting as a result of his handling of the terror plot has caused his price on the Betfair betting exchange to tighten sharply. He started the day at about 13/1 and as of 2030 (8.30 pm BST) the last recorded trade on Betfair was at 4/1. The price has eased a touch since then but Reid is now the firm second favourite behind Gordon Brown to succeed Tony Blair." (Political Betting)

God Help Us.

at 8/10/2006 11:06:00 pm

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