Business Diary: Rogers slams Ben's pawn shop
Friday 13 August 2010
It doesn't look as if Jim Rogers, the investment guru who famously moved to Singapore after deciding Asia offered more opportunities than the West, plans on changing his bearish outlook for the US any time soon. "We have [Ben] Bernanke, who is running the Federal Reserve, who does not know what he is doing," he complains. "The man is taking $400bn on to the Federal Reserve balance sheets – of dicey loans, bad debt. I mean he is turning the Federal Reserve into a pawn shop." An enraged Rogers concludes: "Some day somebody has to pay for this and you know who this somebody is – my little girl, you, me." Get that man a blood pressure tablet.
Topping plays match maker
A new signing for the Scottish Premier League as the football season gets under way – William Hill is to be its first "official betting partner". How did the SPL manage to get the bookmaking chain on board? Well it may just have had something to do with the fact that its chairman, Ralph Topping, has a day job – as chief executive of William Hill. You can't beat a bit of operational synergy.
Bodybuilders to dance new tune?
It's not clear whether this is good or bad news for testosterone-fuelled gym bunnies at LA Fitness, but the company, in the middle of a £30m revamp programme, has appointed a new creative director. Step forward the singer Alesha Dixon – best known these days for her role as a judge on the BBC's Strictly Come Dancing. Goodbye pushing iron, hello cha-cha-cha?
Bears in force at Travelodge
This is hard to believe, but Travelodge swears it is true. The hotel group says customers have left 75,000 teddy bears behind in its rooms over the past year – and that most of them were forgotten by grown-up guests rather thank kids. The teddy bear mountain prompted a Travelodge survey that has revealed some shocking findings. Not least, that "a quarter of males reported they take their teddy bear on business trips with them". Are they serious?
- 2 Italian police 'reveal' what Jesus looked like as a young boy
- 3 General Election 2015: 14-year-old boy asks Nick Clegg – 'can you kill Katie Hopkins?'
Italian police 'reveal' what Jesus looked like as a young boy
Who should I vote for? The Independent quiz matches best political party for undecided voters ahead of the general election
Met Gala 2015: Beyoncé manages to out-skimp Rihanna, Miley and Kim Kardashian combined with near-naked ensemble
Syria's 'circle of hell': Aleppo residents describe children without heads, streets filled with blood and injuries never before witnessed by surgeons
General Election 2015: Photographic history of Bullingdon Club tracked down - including new picture of David Cameron in his finery
In defence of liberal democracy
Over 50,000 families shipped out of London boroughs in the past three years due to welfare cuts and soaring rents
EU asylum policy is 'a direct threat to our civilisation', says Nigel Farage
The Rothschild Libel: Why has it taken 200 years for an anti-Semitic slur that emerged from the Battle of Waterloo to be dismissed?
General Election 2015: UK will be 'run for the wealthy and powerful' if Tories retain power, Labour warns
Schools forced to act as 'miniature welfare states' with teachers buying underwear and even haircuts for poor pupils
iJobs Money & Business
£20000 - £25000 per annum + Uncapped commission: SThree: Can you speak German,...
£25000 - £30000 per annum + benefits: Ashdown Group: An exciting opportunity f...
£215 per day: Ashdown Group: Junior Project Manager (website, web application ...
£40-50K: Guru Careers: We are seeking an experienced Software Engineer / Softw...