"Out with the poor, in with the rich"

Other councils are watching as north London borough prepares to offer its 500 best council houses to top-earning private tenants. By Ruth Bloomfield from HomesAndProperty.co.uk, Evening Standard Read More...
|

Shooting oneself in the foot? Paid Advertising

Paid Advertisement
Fab Forex is a guide to online forex currency trading. Now you can invest in foreign currency from your personal computer at low exchange rates. Forex trading can be risky like playing the stock market, but with proper research and dedication there are massive profits to be made on the Forex market. Visit www.fabforex.com for more information.
Paid Advertisement
Read More...
|

Fannie Mae to stop evictions of tenants

Fannie Mae is finalizing a national policy that will allow tenants to remain in their homes even if their landlord goes into foreclosure -- a landmark decision for tenants. Read More...
|

UK Treasury - Interbank lending problems until 2013

“The [UK] Treasury quietly conceded yesterday that the crisis undermining banks' ability to borrow from each other and from financial institutions could last for five years.
In fact, it's likely that banks' ability to borrow on wholesale markets will never recover to the boom conditions that characterised the few years before the summer of 2007.”
Read More...
|

Mortgage interest relief for UK homeowners in default

A new UK government program to help borrowers who cannot keep up with their mortgage payment because of job loss or other temporary problems. For up to two years the government will pay or guarantee the interest element of the monthly payment. Read More...
|

Black Friday sale and no lines?

"Be fearful when people are greedy and greedy when people are fearful" -Warren Buffett Read More...
|

Finished - NaNoWriMo

Job done. 50,000 word novel produced in under a month. Rock and roll! Boy does it fee good. NaNoWriMo challenge complete. Read More...
|

UBS recovers some bonuses

“I hope that my action will help to resolve a situation that was inconceivable to me until a short while ago,” said Mr Ospel. The three men said they “want to make clear that they are facing up to reality” and accepted in hindsight that some decisions “would have been taken differently”.
Ospel - Ex-Chairman of UBS prior to the bank’s credit meltdown
Read More...
|

Let Detroit Go Bankrupt

Mitt Romney says to let the auto sector sort themselves out in bankruptcy court like normal companies do when they mess up. Read More...
|

Back to work

September marks the back to work season in Europe. Time for me to spruce up the blog and learn how the newest version of RapidWeaver (v 4.1) works. Expects some changes this month and quite a few more posts while I catch up on some past topics I have been meaning to share. Read More...
|