Andrew at Wongablog has the best take on this: it wasn't a 'prank call' in the "we'll call someone out of the blue and harass them" sense, there wasn't any deliberate intent to offend Andrew Sachs - and the man is a holocaust survivor who's most famous for a very funny and very offensive portrayal … Continue reading Obligatory Manuelgate post
So, we've been talking about the UK side of the banking crisis on Crooked Timber, and the discussion has taken a mildly anti-Scottish turn. Now, that's just wrong - although three of the UK's largest retail banks pre-crisis were technically Scottish companies (Lloyds TSB, HBOS and RBS), only RBS was genuinely run out of Scotland … Continue reading It’s not about the Scots, it’s about the institutional memory
"This paper, then, is a serious analysis of a ridiculous subject, which is of course the opposite of what is usual in economics." New sort-of Nobel Laureate Paul Krugman, in The Theory Of Interstellar Trade, (via)
Mark W has an excellent idea for getting the bank bail-outs off the government's books: Gummint invests £50 billion in new bank shares. AIH, gummint spending is about £50 billion per month. Solution: for the next one month, all public sector salaries, welfare and pensions payments etc will be paid in bank shares! Truly, a … Continue reading Modest proposal
The excellent Rachel North is back. Hurrah! She's been in New York addressing the UN on terrorism. Hurrah! However, I had a bit of a double-take moment when I read her 'I'm back' post: "...went to Turkey for 2 weeks with J, read a lot, chilled a lot, went to the Turkish baths a lot, … Continue reading On misreading punctuation
I'm deeply annoyed that I work for a company that places onerous restrictions on my ability to trade shares, even on my personal account - if I didn't, then I'd pile some serious money into HBOS stock right now... September 17 update: Fuckery. That's £3,000 I would have made, buying at 150 yesterday and selling … Continue reading Another get-rich-quick scheme thwarted
Bad Scientist Ben Goldacre has dug out a trial which shows the most awesome thing ever: the more exercise you believe you're doing, irrespective of how much you actually do, the healthier you are.