Thursday, September 25, 2008

Lloyds marked as "sell" by Deutschebank

The Halifax poison continues to spread, read from the Daily Mail here. The architect of the supposed merger between the two companies is in the USA promising more of Britain's non-existent funds to the third world. Perhaps he should offer them HBOS shares. One report on his present activities is from The Guardian, linked here, it has these gems: The prime minister convened a meeting of leaders - including Spanish prime minister Jose Zapatero, European commission president Jose Barrroso, Australian prime minister Kevin Rudd, Brazilian president Luiz Inacio Lula da Silva and Danish prime minister Anders Fogh Rasmussen - to discuss the global credit crisis at in the Waldorf hotel last night..... The prime minister is fighting for a multi-part package with world leaders, but has no meeting scheduled with senior US Treasury figures as they battle in Washington with Congress to win legislative approval for the $700bn package..... Brown is determined to spend the two days in New York fighting both for more money for the world's poor and a weighty package to sort out the credit crisis. Apparently his dreadful speech to his dimwit party in Manchester before his departure for the US has caused a 7 point bounce in the polls according to YOUGov, maybe Britain's voters deserve bankruptcy?

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