Black man speak with fork tongue

This is a quote that passed us by - President O'Bomber on March 14th said when he met Brazilian President Luiz Inacio Lula da Silva ,,,,who has said recently "This crisis was caused by the irrational behavior of white people with blue eyes, who thought they knew everything and now show they know nothing"

"I think that not just the Chinese government, but every investor can have absolute confidence in the soundness of investments in the United States, and that it is not just in U.S.-issued Treasury notes but also in the private sector and the commerce and the industry that has made this the most dynamic economy in the world."

So there you have it ...buy T Bills and ..

1 You can "every confidence "
2 The US has the most dynamic economy in the world...

So slaps a 56 cents a litre on Brazilian ethanol into the US.

PS : Air Force Link News March 29th Bombing by US and allies - "In total, 76 close-air-support missions were flown in support of ISAF and Afghan security forces...Coalition aircraft flew 30 close-air-support missions for Operation Iraqi Freedom."

Lehman Bros liquidators ask awkward questions - Barclays dives 25% on news - Market Cap now £5. 5 Bn.

This Forbes / Reuters / FT report seemed to spook the market as it opened, Liquidators quiz Barclays over Lehman funds-FT .....

Liquidators for Lehman Brothers, Alvarez and Marsal asked Barclays in a letter of February 19th , to account for funds it received as part of its purchase of the failed investment bank's North American unit, the Financial Times reported on Thursday (today) Barclays questioned on funds.

Citing sources close to the situation, the newspaper said U.S. liquidators Alvarez and Marsal were seeking clarification on the fate of US$4.2 billion transferred to Barclays to cover Lehman's bonus and severance payments and other liabilities.

The liquidators calculate only US$900 million has been spent, the newspaper said.

Barclays booked a gain of £2.3bn ($3.3bn) in it's Annual accounts pulished last week, on the difference between the fair value of the assets and liabilities acquired from Lehman and the price paid for them. The gain accounted for about a third of Barclays' pre-tax profits and helped Barclays Capital, its investment banking arm, to record a profit of £1.3bn.

Lehman Brothers Holdings, the bank's remaining businesses, now managed by Alvarez & Marsal, said it was "not making any allegations but is simply requesting factual information from Barclays as to certain discrepancies". Ho Ho. Ho ... but the liquidator wants his money back please.

The Daily Torygraph report Friday that "Sandy Chen, of Panmure Gordon, in a report on Barclays' monoline and structured credit exposures says : "If corporate defaults jump and structured credits undergo another wave of downgrades, we think that the structure of swaps with monolines and other counterparties that Barclays put in place to limit losses could buckle – leading to further impairments and/or writedowns."