Can you imagine if you needed to go to the loo?
As tall as that ridiculous building is, it's not even going to be the tallest! The Al Burj on the far left is going to be bigger:
Tuesday 30 September 2008
Crane Operator Needed.
Anyone fancy a job as a crane operator on the Burj Dubai?
Can you imagine if you needed to go to the loo?
As tall as that ridiculous building is, it's not even going to be the tallest! The Al Burj on the far left is going to be bigger:
Can you imagine if you needed to go to the loo?
As tall as that ridiculous building is, it's not even going to be the tallest! The Al Burj on the far left is going to be bigger:
Thursday 18 September 2008
Isn't Sarah Palin a lovely woman?
I mean really, isn't she?! The first one was the clincher for me. Such compassion.
Wednesday 17 September 2008
Nick Clegg: comedian.
The leader of the Lib Dems seems to think that his party are 'headed for government'. Oh my aching sides. They've as much chance of winning power as I do of winning the lottery. I never play the lottery.
In spite of the goatee beard.
Ian Bell has written an interesting article in today's Herald on Marx and the current disastrous US financial situation here. It reminded me of the several visits I've made with friends to Highgate Cemetery to see Marx's tomb below:
Surrounding the tomb are the graves of numerous erstwhile left leaning people who in all likelihood, alongside Marx, would view the current situation in the US and beyond as nothing more than expected, and with some justification. There is no little irony in seeing the free market trumpeting Republicans intervening left right and centre and bailing out companies that are now seeing the spoils of their lackadaisical (at best) approach to financial management coming home to roost. But of course, we've to feel sorry for the managing directors. Not the millions of people who are facing homelessness and unemployment as a result of being conned into thinking that they could afford mortgages way above their income. The 'credit crunch' will make its way into history textbooks in time and whoever decides to take up the analysis of it will likely have to set aside some time to analyse the myriad terms, industries, sub-industries and tangles that the sub-prime market impacts on.
Oh, and another thing. The facility set up by Goldman Sachs et al to help stabilise the market (HA!) reminds me of a similar action taken 40 years ago in Basle when the international monetary system was having some difficulties. Who says what I do isn't relevant?
Surrounding the tomb are the graves of numerous erstwhile left leaning people who in all likelihood, alongside Marx, would view the current situation in the US and beyond as nothing more than expected, and with some justification. There is no little irony in seeing the free market trumpeting Republicans intervening left right and centre and bailing out companies that are now seeing the spoils of their lackadaisical (at best) approach to financial management coming home to roost. But of course, we've to feel sorry for the managing directors. Not the millions of people who are facing homelessness and unemployment as a result of being conned into thinking that they could afford mortgages way above their income. The 'credit crunch' will make its way into history textbooks in time and whoever decides to take up the analysis of it will likely have to set aside some time to analyse the myriad terms, industries, sub-industries and tangles that the sub-prime market impacts on.
Oh, and another thing. The facility set up by Goldman Sachs et al to help stabilise the market (HA!) reminds me of a similar action taken 40 years ago in Basle when the international monetary system was having some difficulties. Who says what I do isn't relevant?
Tuesday 16 September 2008
Andy Bevan I salute you.
For getting it so, so wrong.
Andy you see was, until recently, an employee of Lehman Brothers who worked in equity derivative finance. Andy received official word about Lehman Brothers' effective demise and his own redundancy yesterday and who did he feel sorry for? The MANAGING DIRECTORS! Why? Because 50% of their bonus was paid in stock in the company that is now worthless. Unbelievable. I'm finding it difficult to comprehend how you can feel sorry for people who have trousered millions from running a company who have filed for the largest bankruptcy in history. I guess that shows how Andy is a better person than me. Or delusional.
All here.
Andy you see was, until recently, an employee of Lehman Brothers who worked in equity derivative finance. Andy received official word about Lehman Brothers' effective demise and his own redundancy yesterday and who did he feel sorry for? The MANAGING DIRECTORS! Why? Because 50% of their bonus was paid in stock in the company that is now worthless. Unbelievable. I'm finding it difficult to comprehend how you can feel sorry for people who have trousered millions from running a company who have filed for the largest bankruptcy in history. I guess that shows how Andy is a better person than me. Or delusional.
All here.
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