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artfull dodger

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About artfull dodger

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  1. I AGREE WITH YOU, MR WEISS TOLD US ALL YESTERDAY AND HE IS NEVER WRONG, A 15 TO 20% LOSS IS ON THE WAY
  2. FOLLOWING THE NEWS OF THE LATEST INTEREST RATE CUTS TO HELP BOOST THE ECONOMY AND PUT MORE MONEY BACK INTO PEOPLES POCKETS, THE CHELTENHAM AND GLOUCSTER WITHDREW ALL ITS MORTGAGE RATES AT 5.00PM WITHOUT NOTICE AND REPLACED THEM WITH HIGHER RATES FROM TOMMORROW.
  3. LONDON, Oct 7 (Reuters) - London soccer club West Ham's finances were again in the spotlight on Tuesday after the Icelandic bank chaired by the club's billionaire owner was put in receivership, the latest victim of global financial turmoil. The Icelandic government said it was taking control of Landsbanki, the island's second-largest bank by value, as the country's financial system threatened to collapse and its currency plunged. Owner Bjorgolfur Gudmundsson, erstwhile chairman of Landsbanki, led an 85 million pound ($148.3 million) buyout of the east London club in November 2006. He invested another 30.5 million pounds in West Ham in December 2007 after buying a further 5 percent stake. He is Iceland's second-richest person, after his son Thor. The Gudmundsson family are major shareholders in Landsbanki. West Ham, already reeling from the loss of its shirt sponsor last month after the collapse of tour operator XL Leisure, could not be reached for comment. The mid-sized club is also appealing against a ruling by the Court of Arbitration for Sport (CAS) that it pay compensation to a rival club, which could run into tens of millions of pounds. Richard Elliott, a lecturer in globalisation in soccer at Southampton Solent University, said English clubs were becoming more vulnerable because they were no longer funded just by fans entering the turnstile and could be affected by events beyond their control as a result of growing foreign ownership. Continued...
  4. Independent Financial Adviser 54 two kids aged 7 and 8 moved to South of France last summer renting in Saint Paul de Vence,my claim to fame is my neighbour is Rod Stewart, we tried to sell for two years as i could see the HPC coming, each time the sale fell through, therefore we decided to follow our dream, we still own the family home in Chislehurst and some unprofitable BTL's, also own a property in Marbella Spain that is plumeting in value lost around 40% from the peak.
  5. People forget that years ago you purchased your house as a home not always as an investment, if your main objective is to make money then sit and wait, but if you desire a home for your family that you can make your own then buy, life is about living and enjoying happiness and health not sitting in a sad bed sit blogging all day out of boredom. But if you need finance you will find it very difficult if you are losing your job, unless you take a liar loan...............good luck
  6. Gordon Brown, was fighting to save the £12 billion rescue by Lloyds TSB of HBOS last night amid growing doubts over the deal. HBOS, shares fell by up to 20% yesterday as they lost more than £1bn of the banks value. Traders believed that Lloyds TSB shareholders would block the rescue deal on its current terms. Lloyds TSB values the banks at 118p offering 0.833 a share for every HBOS share, although the stock market is now valuing HBOS at about 35 per cent less than this. The Regulators are determined that the deal between HBOS and Lloyds TSB should stand as it is. For the deal to pass it needs the approval of 75% Lloyds TSB shareholders, some of which feel that HBOS has been overvalued. Both Lloyds TSB and HBOS will be lobbying their shareholders, arguing the benefits of the deal to both sides.
  7. The bonds also come with the following compensation cover 100% of the first £2000 invested and 90% of the remainder unlimited.
  8. Consider investing our savings into an Investment bond, with the commission gifted back so as the charging structure provides 100% allocation with no exit penalties. The fund to consider is a protected profit fund, where you are guaranteed that your investment will not fall below 80% of the highest price achieved in the trading history of the fund, however as prices have fallen you can now buy with a higher guarantee and todays prices are giving an on going guarantee of 90.16%, therefore it simply means that you cant fall at any time below 90.16% of your investment, and you can achieve growth as the price rises, when the price goes past the previous best the gaurantees increase again, i believe these funds will become very popular. The last fund from four years ago has been closed to new business as the investors are sitting on 114% guarantees of there money, not bad in this market. The bonds also come with the following compensation cover 100% of the first £2000 invested and 90% of the remainder unlimited. Todays tip from the Artful Dodger
  9. Abbey are not safe my friend, they have no exposure to the US market but have huge exposure in the Spanish housing market. I would invest into Northern Rock, National Savings, Premium Bonds and if you want a safe punt the Henderson Liquid Asset Fund, dont be fooled with the investment compensation scheme, the cupboard would be bare very quickley with a run on claims.
  10. Alan Curbishley............................... ideal for the FED
  11. Sharpest house price falls on record – and more to come Monday 29th September 2008 The house price fall of 1.9% recorded by the Land Registry in August was the sharpest in the whole of the eight years that the official house price index has been going. But agents fear that because the Land Registry is so historic – recording prices of deals completed months after prices were agreed – worse is to come. According to the Land Registry, house prices in August were down year on year by 4.6%, taking the average house price to £174,500. That compares with the Nationwide’s house price index for August, which reported a 10.5% house price fall in the year. Howard Archer, chief economist at think tank Global Insight, said there would be no let-up in the downward pressure on sales volumes and prices, amidst very tight lending conditions. He predicts that house prices will fall by 30% from their peak, as recorded by the Land Registry in August 2007, to when they bottom out in the first half of 2010
  12. Subject: How the Credit Crunch will Affect Britain "Will one be wanting fries with that?"
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