Bloomberg: How Lou Lucido Let AIG Lose $35 Billion With Goldman Sachs CDOs http://bit.ly/cA9LMz
Updates from March, 2010
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RT @ STRATFOR China: Crunch Time, by Peter Zeihan http://bit.ly/92dqmA
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RT @GeekStats In 1991, #MasterCard charged 4 different types of fees. Today it charges 243 (Wired)
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Money Insider: Darling’s ISA tax break gives you just 76p http://bit.ly/cJpE5d The reality is most savers get negative real interest rates
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RT @businessnews Four more banks closed Friday, bringing the total number of banks closed by the #FDIC in 2010 to 41 http://bit.ly/cRg9oD
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RT @pcollinson Stamp duty: So you think you’re a first-time buyer http://bit.ly/dpL9FL #realestate #property #Budget2010 #Budget
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Thanks for comments, RTs: @SeekBroadband @marianelliott @econocopia @TheParaplanner @EquitableVictim
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RT @AdamSmithInst One facet of a totalitarian state: The facets that define a totalitarian state are often . . . http://bit.ly/95zn1A
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#Budget in a nutshell. More money taken from the 20 million private sector tax payers and shunted to the tax eating 30 million. So no change
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My 14th Labour budget and the 14th where I’m left worse off. Still it should be the last. Post-election, a new party will make me worse off
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Given the lack of difference of the 3 main parties, what we need is a Brewster’s Millions ‘None of the Above’ alternative. If only . . .
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£270m fund to create 20K more uni places in key subjects like maths & engineering. Instead could stop subsidising crackpot courses? #budget
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50 pence per month broadband tax. It is always the way. Encourage people into doing something then you can tax the gullible schmucks #budget
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#Budget 15,000 posts relocated out of London. 1,000 (in)Justice dept posts relocated out of London. To key Labour marginals perhaps?
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Darling: Debt will be £100bn lower by 2013/14. That’s increase in debt. So still screwed, we just won’t need as large a rubber ring. #budget
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The your-family-didn’t-piss-it-all-away-and-wanted-you-to-have-a-better-life-than-them Tax, Inheritance Tax, threshold unchanged #Budget
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RT @MeshChhabra #Budget Michael Saunders of Citi has shown that we have one of the slowest deficit reduction plans, not the fastest
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Re: Stamp Duty. Cos if it is ‘not an existing property owne’r, where’s that leave those who’ve previously sold? Is sell-wait-buy a loophole?
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The big stamp duty question, since it is for first time buyers, how’ll they spot FTBs. Will it be if not currently a property owner? #budget
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Zero-rate stamp duty limit upped from £125K to £250K. The over-£1m upped to 5% rate. Well telegraphed, blatant vote-buying #budget
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