Sailor Boys

Bullingdon Boys - Our "Betters"

The Bullingdon Club of 1992: pictured are (1) George Osborne, (2) Harry Mount, (3) Chris Coleridge, (4) Lupus von Maltzahn, (5) Mark Petre (6) Peter Holmes a Court, (7) Nat Rothschild, (8) Jason Gissing

Principal characters

Lord Rothschild and son, David Cameron, John Osborne, Baron Mandelson, Gordon Brown, Russian oligarchs, Mafia and gangsters inc.

Friday 30 January 2009

Straw faces quiz on Saudi-backed firm's £2,000 gift

Paul Waugh, Deputy Political Editor
Evening Standard
29.01.09

CABINET minister Jack Straw faced questions today over a donation from a Saudi-backed firm.

The Electoral Commission was urged to investigate whether the £2,000 gift to his 2005 general election campaign was lawful.

The money from Westminster International Consultants was accepted by Blackburn constituency Labour party on the same day as it received a £3,000 sum from Lord Taylor of Blackburn - the peer at the centre of the "Lords for Hire" allegations.

Wednesday 28 January 2009

Six held over 'biggest fraud in history of stock market'

Martin Bentham, Home Affairs Editor, Evening Standard
28.01.09

SIX men suspected of involvement in one of the biggest frauds in British stock market history were arrested today in a joint operation by UK and Spanish police.

The five Spaniards and an Argentinian were held during raids in Madrid, Barcelona and the eastern Spanish town of Elche over their alleged role in a £365 million fraud at a bogus company listed on London's AIM market.

Spain's Interior Ministry said today: "The National Police have arrested six people in relation to a $600 million fraud on the UK stock market. Through complex stock market operations and through fraud, the suspects succeeded in increasing the values of shares in a company which did not have the capital to back it up. They later made themselves rich by the fraudulent sale of those shares."

Tuesday 27 January 2009

Ex-Lehman chief Dick Fuld sells $13m home to wife for $100

Former Lehman Brothers chairman and chief executive Dick Fuld has sold his $13m (£9.3m) Florida mansion to his wife for just $100, in a controversial move likely to anger former workers and investors who suffered as a result of the bank's spectacular collapse last year.

ING axes 7,000 jobs as boss steps down

ING, the Dutch banking giant, announced the departure of its chief executive and 7,000 job losses as it posted a loss of €1bn (£942m) for 2008.

Financial crisis: UK job losses


Since the start of October, thousands of jobs cuts have been announced across all sectors of the UK economy


As of today, British companies have announced the loss of 83,154 jobs in the past four months.