FT.com / Columnists / John Gapper – This greed was beyond irresponsible
Another view of what’s happening in the US markets. It doesn’t make for pretty reading but the title says it all.
Diaroogle.com – The Premier Toilet Search Engine
One for the humour department. Courtesy of Marilyn Pratt.
Tax Research UK / Will we get country by country reporting?
Congratulations to Richard in advancing the case for country by country reporting. It is sorely needed as part of the battle to destroy corrupt practices.
BBC NEWS | UK | Bosses urge climate change action
The Prince of Wales’s UK Corporate Leaders Group on Climate Change said “deep and rapid” cuts were needed in CO2 to prevent severe climate change.
The group includes the bosses of Tesco, BAA, Shell and energy group E.ON.
Greenpeace accused some of those involved of “hypocrisy of a previously unknown magnitude”.
Maybe so, but it’s a start.
Diamond and Kashyap on the Recent Financial Upheavals – Freakonomics – Opinion – New York Times Blog
“As an economist, I am supposed to have something intelligent to say about the current financial crisis. To be honest, however, I haven’t got the foggiest idea what this all means.” Honesty in an economist is refreshing. A solid read.
Zoho: The Little Engine That Could (Take on Both Microsoft and Google) – ReadWriteWeb
Zoho is definitely one to watch. GE has selected them. Yep – that’s BIg, Bad General Electric.
bad news on Flickr – Photo Sharing!
Prett much sums up the week’s financial news
A Software Insiders Point of View: Trends: What Customers Want From Maintenance And Support
The dirty secret – many vendors typically take up to 85% of the fees as profit, leaving a paltry 15% for reinvestment in support, maintenance, and upgrades. What’s worse, some vendors have not only under invested in the core technology, but they have also failed to deliver basic enhancement requests that a majority of customers have asked for.
FT.com / Companies / Telecoms – Telecoms told to end broadband monopoly
To encourage fibre networks, the Commission said telecoms companies should be able to achieve returns of their investments in excess of their 8-12 per cent average cost of capital. Europe’s former fixed-line monopolies are nervous about making fibre investments because of uncertainty over returns.
David Carter’s guide to forecasting and budgeting software – 17 Sep 2008
“Past totals, past transactions and business drivers can all be used as the basis for forecasts, but if the forecast is not derived from past or present data, it is simply a guess.” That is absolute hogwash.
This is an extreme title but the content is good. Irrational market behavior. Financial systems now dysfunctional. Government must step in. Massive demand for cash.
INSTANT VIEW: Morgan Stanley, Goldman, trust banks tumble | Reuters
We seem to be moiving into incredibly dangerous territory. Donning tin foil hat.
Breaking NewsSelling wave forces Putnam to close institutional fund – Financial Week
Wealth re-alignment or evaporation? Terrifying isn’t it.
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