Credit crisis diary: Man United fans rue the pound's decline
Friday 12 June 2009
Much anger among financially savvy Manchester United fans. It's not so much that star player Ronaldo is going to Real Madrid, but that every media report on the subject keeps banging on about how the Spanish club overtook the Red Devils as the richest club in the world last year. True, of course, but Man United fans point out this was only the case because the pound weakened so much against the euro during 2008. Had sterling traded at more normal levels, Man United would have retained the title.
Apprentice loser needs legal advice
Is Trinity Mirror heading for a lawsuit? Debra Barr, who missed out on the final of BBC 1's The Apprentice by a whisker, previously worked for the media company, and it was from there that references were taken up. Those references, the show revealed, were a little less than flattering, and Debra then missed out on the final. Lawyers point out that Trinity could now find itself open to legal action over the potentially slanderous nature of many of the comments made by her ex-colleagues.
US lawmakers' losses revealed in full
Talk about a conflict of interest. It turns out that leading US politicians, including the House Speaker, Nancy Pelosi, and 18 members of the House Financial Services Commission, were hugely invested in many of the firms which the authorities bailed out last year. Pelosi, for example, lost a six-figure sum as AIG collapsed in value, while others had investments in Goldman Sachs and Morgan Stanley. All received bailout money.
Some diners still have money to burn
Another green shoot. When the recession first struck, the City restaurant Vivat Bacchus wasn't surprised that all interest dried up in the £1,000 tasting menu it originally devised following a record round of bonuses for bankers in 2007. In the past month, however, Gerrie Knoetze, the restaurant's provider, says he has had a string of requests to revive the menu.
Send them back to spelling school
Red faces at the BBC, which carried a series of reports on the West Bromwich Building Society yesterday, only to repeatedly spell the Midlands town's name wrong in its sub-titles. Forgetting the "W" in Bromwich is easily done of course, but you look a little silly when the only pictures you have to illustrate the story are of the society's head office, with its name in huge letters.
- 1 Scottish referendum: So how about the English now being given a chance to split from England?
- 2 Friends 20th anniversary: Alison Jackson photographs reunited cast
- 3 London council removes 'unacceptable' Stamford Hill posters telling women which side of the road to walk down
- 4 The response to my Pizza Express review has been overwhelming, and taught me a lot about journalism
- 5 Free U2 album: How the most generous giveaway in music history turned into a PR disaster
Scottish independence referendum: A nation divided against itself
Scottish referendum results: Cross-party consensus collapses amid Tory-Labour spat on the 'English question'
Scottish independence: David Cameron is becoming the 'George Bush of Britain'
Russia freezes Ukraine into submission: Kiev admits country doesn't have enough fuel for winter
Archbishop of Canterbury admits doubts about existence of God
Portuguese academic says British are 'filthy, violent and drunk'
iJobs Money & Business
£400 - £450 Per Day: Clearwater People Solutions Ltd: **URGENT CONTRACT ROLE**...
Up to £100k or £450p/d: Saxton Leigh: My client is a leading commodities tradi...
£320 - £330 per day: Ashdown Group: The Ashdown Group have been engaged by a l...
To £75,000 + Pension + Benefits + Bonus: Saxton Leigh: My client is looking f...