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| Posted by: soley on 23.05.2009 - 21:26 | Links: n/a |
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Word on the street is Jeff 'Steely' Hocking has joined Mint.
He is a 33 stone koala bear that was born in Germany but has more recently been sighted in the underworld of Staines.
Please keep an eye out for him, he has a fetish for bottoms.
-Tom "Soley" Sole. The token ginger , reporting the news as it happens. |
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| US Mortgage Crisis Worsens |
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THE US government was battling early today to seal an agreement before markets open on a $700 billion (€485.6 billion) bailout package to take bad mortgage assets from the country's struggling banks.
The sweeping plan, which marks the biggest US government intervention in the financial system since the Great Depression, will bring the total cost of its market initiatives in the past fortnight close to $1 trillion.
While Democrats in the US Congress have made it clear they are likely to support the plan when it comes to a vote this week, they were still holding out last night for measures to restrict top-level pay in participating institutions and on provisions to help home-owners under pressure from banks. Democrats also want more oversight of the proposed Federal program and assurances that the government will not veto a subsequent bill to return some money to taxpayers. |
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British prime minister Gordon Brown admitted this evening he could do better but dismissed calls for his resignation, saying he was the best person to guide Britain through the global financial storm.
After a week starting with a mini-mutiny against his leadership and huge falls in stock markets around the world, there was a glimmer of hope for the prime minister with an opinion poll showing the opposition's lead had narrowed.
The poll in today's Independent , taken as the government brokered an emergency takeover of the country's biggest mortgage lender, gave the opposition Conservatives a 12 point lead over Brown's Labour Party, down from 21.
But, as Labour holds its annual conference in the northern English city of Manchester, doubts remain over whether Brown, who lacks the easy charm of Tony Blair, has any chance of reviving the party's fortunes in time for an election in 2010. |
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» 21/05: My trip to Australia
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» 20/05: i36 Diary - Day 2
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» 20/05: Day #137 Of The Ascent
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Mint.IG vs. 
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