The credit crunch in plain English

Posted: December 26, 2008 in miscellany

Wall Street Lays Another Egg: Politics & Power: vanityfair.com

If, like me, you want to try and understand what’s going wrong with the financial markets but are confused by credit default swaps and your eyes glaze over at the mention of securitised debt obligations, then I heartily recommend this piece by British historian in Vanity Fair. Extraordinary events explained in plain English. 

For more of Ferguson’s erudite work, visit his site: www.niallferguson.com

Naughty but nice

Posted: December 23, 2008 in internet

 

Last year it was Office Max’s ElfYourself, but my prize for this year’s best Xmas online gag is the “Channel 6 TV News” – a clever Google-powered gadget that allows you to place a friend’s name into a TV news report about a Christmas crisis surrounding the naughtiest person in the world. Very clever and bound to bring a smile to desktops everywhere.

Stampede for ‘Bush shoe’ creates 100 new jobs | World news | The Guardian

Memo to Bill Zuill, editor of the Gazette: suggest recruiting a Muslim reporter or two just for the chance of seeing a Brown shoe thrown in anger at future Government press conferences?