Archive for September, 2008

meltdown part II

Tuesday, September 30th, 2008

‘Remember that there is only one end to the world, and this isn’t it. We will get through this. Like a large kidney stone, it’s going to pass, but it’s going to hurt’.

Neil Hennessy, President Hennessy Funds (Bloomberg)

‘I don’t even think the ’30s were like that. At least they had a bank holiday and they closed all the banks. These idiots in Washington didn’t do that. I’m more than worried. In this market, I’m not looking at opportunity. I am looking at preservation of capital. If governments aren’t careful and this mess isn’t solved fast, capitalism as we know it will be wiped out’.

Stephen Jarislowsky, Jarislowsky Frader Ltd (Bloomberg)

‘I honestly don’t even know where we go from here. It’s impossible to quantify. We were in shock. The problem is, out in the boondocks, people don’t realise what this means. When they can’t get a loan at the bank, then they’ll figure it out’.

Dave Rovelli, managing director, equity trading, Canaccord Adams (CNBC)

new york

Tuesday, September 30th, 2008

New York Pictures and commentary coming tonight. I’m trying to do it at work, but the servers here, for some reason, don’t like me pulling up 60 personal pics from my facebook albums.

The nerve!!! Or should that be Noive?

quickie

Monday, September 29th, 2008

Hello.

Hope your Monday is good.

Here, the sky is pale blue with just the merest hint of a smoky grey cloud on the horizon. Looks cold outside, but I’m at my desk - as I have been since 0730 - and working away to keep warm.

Banks may fall, but all I can do is keep on working, and hope for the best.

I do have my fears about this years XFactor, mind: If it’s not OrphanBoy, it’s RedemptionCrackMama. And if it’s not them, it’s Dead-mother-and-a-bit-too-close-to-her-dad Girl, or Dead-Wife-Dilf. I mean: How many sympathy votes can one competition carry?