BBC Blog Network

User Profile

jonbly

Listed below are comments made by jonbly between Monday, 13th October 2008 and Saturday, 13th June 2009.

«Newer
Older»

Changes to international pages 10:47am on 13 Jun 2009 It seems to me that this change would only make sense if the news.bbc.co.uk page were customisable... which would be great. As it is, your excuses for why people won't be affected are falling flat.
Should the banks back Britain? 10:04am on 07 Apr 2009 Hideously difficult? More likely it's just not 'ridiculously easy' anymore...
Why Sir James Crosby resigned 09:08am on 12 Feb 2009 Clearly the right move here is for the FSA to recruit Mr Moore to a senior position - that should focus a few minds.
Everything will change 8:14pm on 31 Jan 2009 Any chance of a transcript?
Bankers and responsibility 1:34pm on 30 Jan 2009 Perhaps this is the start of the weaning process, rather than the unpalatable cold turkey we'd otherwise face.
The cost of bringing banks home 12:27pm on 14 Jan 2009 #1

What an odd comment.

People don't get elected to Parliament because they're competent to run the country - they get elected because they've got good hair.
Insurance that worsens crunch 09:54am on 12 Jan 2009 Insurance works only for risks which are independent and which can be pooled - insure the lives of 1000 people from across the country and there's a very good chance that, say, 5 will die each year. From the insurance providers point of view, the risk is stable (even though it isn't from the point of view of one of the lives insured).

Trade credit insurance, though... and similarly insurance taken on corporate bonds to protect against default... is trying to protect against risks which aren't independent. If a recession starts, every company struggles and the insurance company has to pay out on every policy... and it simply goes bust. So the insurance is, in fact, worthless... and the sooner investors realise this, the sooner we can put these useless products behind us and get back to responsible underwriting.
HBOS takeover challenged 10:07am on 08 Nov 2008 If HBOS shareholders allow this merger (or another as substantial) to fail, they risk being left with nothing should a second credit storm break.

Undervalued? They should feel very, very grateful that anybody was willing to step forward and assign any value to the company at all...
World back from brink 1:30pm on 14 Oct 2008 Dear Newsreelsneil,

Best be careful what you say, or the Bilberries will get you...
Momentous Monday 10:56am on 13 Oct 2008 #12, you've previously identified your business as engines for racing cars.

In a recession, demand for this kind of luxury good is likely to collapse. As such, there may be nothing that can be done to salvage your situation (other than an orderly wind-down).

For many other companies, however, the 'return to lending levels of 2007' clause may be just what they need to help them. It should lead to some of the things you've called for - reduction in credit card interest rates, and (through lower mortgage rates) less repossessions.

«Newer
Older»

^ Back to top

BBC MMVI

The BBC is not responsible for the content of external internet sites

BBC.co.uk

BBC Blog Network

Find and talk to the BBC's bloggers.

User Profile

jonbly