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In an act of extraordinary spite, the Government has revealed its true Socialist heart, with regard to the banking rescue. It seems that the sole bearer of the downside is to be the ordinary shareho...
Every use of the PIN exposes it, and the exposure has a cost attached. For small value transactions, say less than 50 Pounds, it is probably not economically justified. Moreover, establishements where...
The credit crunch is no laughing matter, but as any psychologist will tell you, laughter is a way of dealing with extraordinary events that challenge our system of beliefs. So, in the interests of goo...
It appears to me that the best way to start clawing back from the abyss in the financial services industry, has to be the reclamation of business ethics. The scandalous bonuses paid to people who wors...
A digital clock erected in Times Square to show the US national debt has run out of digits. When the national debt level passed the $10 trillion mark a couple of weeks ago, the digital display failed ...
Now I know this might be a small issue in the whole scheme of the global financial meltdown but HSBC seems to be plummeting to new depths of desperation. Only this week, I learnt how HSBC has been
As a Liverpudlian, I'm pleased to see Barclays creating new jobs in my home town. But as a Barclays' customer my heart sinks at the creation of this new 'proactive' call centre. Explaining the investm...
"We are not currently processing any deposits or any withdrawal requests through our Icesave internet accounts. We apologise for any inconvenience this may cause our customers. We hope to provide...
I've been made acutely aware of the financial turkeys coming home to roost by receiving a single call from an elderly relative. Aunty X, by no stretch of the imagination a person of huge personal mea...
It’s a torrid time out there and there seems to be no limit to the industries in line for the chopping block. One of the first to truly feel the effects of this credit storm is, of course, the retail ...
The lay offs have already begun as banks look to bring their costs down and protect their profitability. UBS were the latest to cut 2000 jobs and they will not be the last as the crisis begins to bite...
In 1927, Heisenberg putforth uncertainty principle to the world of quantum physics. It stated that, more precisely the position is determined, less precisely momentum could be determined. The unc...