Danny CL

Loved their mother's innit

Daft racist vs cold blooded killer. Good comparison Aye, because that's the comparison he was making Thick as pig's shit. Tbf I couldnt be bothered to read the article. I thought he was commenting on daft people mourning unpleasant characters they didn't even know.

Daft racist vs cold blooded killer. Good comparison

hungover, too many beers after football training last night.

The majority of corporate bonds are issued at a fixed coupon. Some companies, especially in times of lower interest rates, like to float that debt. Its still hedging because the MTM gain on each swap is offset by the MTM loss on the bond in the hedge relationship. It means that cash flows can be variable however, it can reduce interest cost. However a lot of these corporates have counter party risk issues as swaps will be with different counterparties to the bonds. So to mitigate the risk of default on in the money swaps, they start CSA agreements settling positions on a daily basis. http://en.wikipedia.org/wiki/Credit_Support_Annex Probably not best to accuse someone of bullsh!tting kitman, you are clearly right about one thing, you are not an expert.

Derry beat off competition from Birmingham, Sheffield and Norwich which were also shortlisted.

Because a scouser has never defended the indefensible.....

It already happens, companies who have floated fixed rate debt have found themselves so far in the money on their swaps that they are busting their counterparty risk limits wide open. Mark to market movements are settled day on day when valuations are agreed. It sound like a massive arse ache but in reality it isn't. Hedging isnt always cashflow hedging fella.

Whats up HF?

Top work by BP, despite what the yank media might tell you BP have go over and above the call of duty on this. The only thing sadder than the death of marine life is the fact a lot of red necks will be getting rich off the back of an accident.....sums up the US doesnt it.

http://www.huffingtonpost.com/2010/07/15/g...m_n_648045.html Top Jewing.

Posted Peasepuds address and phone number all over the net. Classic Not really considering the potential to be threatened. defend it all you like, but it's a total lack of regard and integrity. Shows them up for the tosspots they are tbh. Also those who defend it .... What about the mods on here doing the same?

Definitely gone for the money. Not that I blame him. Maybe he'll take over a few of those endorsements Tiger Woods no longer has Apparently he's not on a massive basic wage. Money and lifestyle anyway. No one's on a 'massive' (i.e. by European football standards) basic wage though, are they? Due to the salary cap. I assume that's still in place anyway. Two players per team exempt, he will be on a mahoosive wage.

Growth in the last few years was artificially boosted by a cheap debt bubble. The Government did not adequately prepare for the possibility of a downturn by not saving for a rainy day in the good times. Public sector/consumer spending have also contributed to this unnatural growth of the economy. The private sector had begun to faulter well before the credit crisis. Huge levels of bad debt started this crisis in the first place None of the above can be disputed. I think the mispricing of risk is the real underlier. Risky investments are fine with a price tag to match, what toppled the debt mountain was the sale of junk as investment-grade products, not to mention crap regulation by Brown et al while trousering phenomenal amounts of corporation tax. Whilst I agree in principle, risky lending was the malaria, packing it up as AAA was the mosquito. And risky lending certainly wasn't an American only disease. The rock being a prime example. You're keeping it quiet but you well know the new financial environment and public scare tactics has been put in place to divert wealth away from people and captial investment toward keep banks and financial institutions afloat. The squeeze is on. Our leaders are treating us like some bad African country in trouble with the IMF. It must really have hurt the banks watching a decade of enlightned social policy in Germany, France and the UK. I'm sure Israel is involved but I haven't worked out how yet. *GSachs*

Growth in the last few years was artificially boosted by a cheap debt bubble. The Government did not adequately prepare for the possibility of a downturn by not saving for a rainy day in the good times. Public sector/consumer spending have also contributed to this unnatural growth of the economy. The private sector had begun to faulter well before the credit crisis. Huge levels of bad debt started this crisis in the first place None of the above can be disputed. I think the mispricing of risk is the real underlier. Risky investments are fine with a price tag to match, what toppled the debt mountain was the sale of junk as investment-grade products, not to mention crap regulation by Brown et al while trousering phenomenal amounts of corporation tax. Whilst I agree in principle, risky lending was the malaria, packing it up as AAA was the mosquito. And risky lending certainly wasn't an American only disease. The rock being a prime example.

Growth in the last few years was artificially boosted by a cheap debt bubble. The Government did not adequately prepare for the possibility of a downturn by not saving for a rainy day in the good times. Public sector/consumer spending have also contributed to this unnatural growth of the economy. The private sector had begun to faulter well before the credit crisis. Huge levels of bad debt started this crisis in the first place None of the above can be disputed.

I find this thread exhausting. People seem to fall into 3 buckets in this thread: Unable / Unwilling to understand the facts that are quite clear. Making things up to suit their argument. Or the old fail safe. What would the Tories have done differently??? Peoples political views seem so entrenched they can't view the data in an objective manner. I think if you got Gordon Brown in a room who would give more ground than most would on here. Pointless. Tories = Child eating, Eton educated, northern hating monsters. Labour = Friends of the working man whos mistakes can be directly traced to some old Tory policy. As Bannatyne would say. I'm out.

Im not going through it again happy. see the post you responded to last night.

Why are you interested? Looking to expand my circle. Correct. Jesus wept, you do realise that was the joke right? I hope you are the figment of some mackems imagination rather than a real person.

Why are you interested? Looking to expand his circle of friends?

Why are you interested?

Just to be clear, you are saying GDP has been artificially inflated thanks to the UKs increased spending? Yes. So was it UK spending that pushed up the US, German, Italian, French GDPs and those of every other major economy? http://www.google.com/publicdata?ds=wb-wdi...USA:ITA:FRA:DEU No What caused other economies to double GDP at exactly the same time/rate as the UK doubled GDP then? Have they all made the same mistake of increased spending? I should imagine there are a different reasons for each. Although I expect the underlying common denominator would be the availability of cheap debt. Not that we were in a global growth cycle then? Fucking Hell. I am talking about an artificially high level of growth, why do you think they called it a credit bubble? Honestly, I am willing to discuss this with people who have an understanding of the basics / are willing to learn but jeez. I cant waste any more of my time arguing with people would be willing to say white was black to contradict me. no wonder there's no bloody jobs up there.

When Joe Cole signs for Spurs Craig has agreed I'm unbannable. You're an embarrassment to any Spurs fan. I bet the geordie nation has embraced you. I broke my cooker then put it back OMGZ LOLZ etc

When Joe Cole signs for Spurs Craig has agreed I'm unbannable.

Just to be clear, you are saying GDP has been artificially inflated thanks to the UKs increased spending? Yes. So was it UK spending that pushed up the US, German, Italian, French GDPs and those of every other major economy? http://www.google.com/publicdata?ds=wb-wdi...USA:ITA:FRA:DEU No What caused other economies to double GDP at exactly the same time/rate as the UK doubled GDP then? Have they all made the same mistake of increased spending? I should imagine there are a different reasons for each. Although I expect the underlying common denominator would be the availability of cheap debt.