Archive for October, 2008
France Seeks €300bn Rescue Fund for Europe
October 2nd, 2008Via: Telegraph: France heaped pressure on Gordon Brown last night by floating an ambitious plan for a €300 billion (£237 billion) bailout fund to rescue crippled banks across Europe. As the world held its breath on the fate of America’s $700 billion bank bailout plan, President Sarkozy was seeking the backing of European leaders for […]
John le Carré: Britons Have Been ‘Stripped’ of Civil Liberties
October 2nd, 2008He notes the lack of public outrage. For me, and I suspect for many of you, that’s the most disturbing aspect of the present descent into fascism. They Thought They Were Free. And here we are again. Via: Telegraph: Britons have been “stripped” of their civil liberties amid an “atmosphere of panic” over the threat […]
Wachovia Faced a ‘Silent’ Bank Run; FDIC Forced Sale
October 2nd, 2008Via: Charlotte Observer: On Friday, with its stock plunging 27 percent, Wachovia experienced a “silent run” on deposits, but the bigger worry for regulators was that other banks wouldn’t provide the Charlotte bank with necessary short-term funding when it opened for business Monday, sources familiar with the situation told the Observer. With Wachovia already looking […]
FBI Prevents Agents from Telling ‘Truth’ About 9/11 on PBS
October 2nd, 2008You can almost guess the wording on the memo, after these J Edgars stumbled onto something they weren’t meant to see. Blah, blah, national security assets. Blah, blah, active intelligence operation. Blah, nothing to see here. Ignore. Blah, blah. The same memos have been sent to the DEA for decades. Via: CQPolitics: The FBI has […]
Buckingham Palace Butler ‘Ran Paedophile Sex Ring While Working for the Royal Family’
October 2nd, 2008Via: Daily Mail: A former Buckingham Palace butler has been unmasked as a sexual predator who ran a paedophile ring while serving the Royal Family. Bachelor Paul Kidd, 55, groomed at least one of his teenage victims for sex by taking him for tea with the Queen Mother at Clarence House, it has emerged. To […]
Nasdaq Cancels Late Google Trades
October 2nd, 2008Via: Mercury News: Erroneous trades sent to the Nasdaq Stock Market by another exchange caused Google’s share price to gyrate wildly Tuesday afternoon, soaring as high as $485.13 and falling as low as $25.80. The Nasdaq issued a statement Tuesday afternoon saying that all trades in Google’s shares made at or above $425.29 and at […]
Wealthy Investors Hoard Bullion
October 1st, 2008Via: Financial Times: Investors in gold are demanding “unprecedented” amounts of bullion bars and coins and moving them into their own vaults as fears about the health of the global financial system deepen. Industry executives and bankers at the London Bullion Market Association annual meeting said the extent of the move into physical gold was […]
