Government – No island of safety

Money Morning | 30 January, 2009

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Inside this week's issue:

Cover Story


Government – No island of safety

As the British government grabs control of its banks by stealth, Gareth Stokes
examines the implications for the major players on the domestic banking front.

Other Featured Stories

Profit as nuclear energy comes in from the cold

Having repeatedly slammed the door in its face for two decades, the UK government has welcomed the nuclear industry in from the cold.

Obama’s next big problem – turmoil in Mexico

Mexico is Latin America’s second-biggest economy and the third-biggest oil supplier to America. It could also prove an unexpected challenge for President Obama, says David Stevenson.

The downfall of the banker with the $1,400 bin

John Thain did not seem to realise what was about to hit him. Despite presiding over the worst quarterly loss in Merrill Lynch’s 94-year history, a brewing “secret bonus” scandal and some frankly tawdry revelations about his decorating extravagances, it was business as usual for Thain last week.

Also in this weeks issue:

Markets: The American stockmarket faces meltdown; Asia is sliding fast; gold gets set to glisten.

Strategy: It might be suffering, but don’t write off Japan

Personal view: Patrice Rassou on the only sure way to earn huge returns.

Politics and economics: Russia tips into recession; stockmarket down some 72%

Investing in property: Dubai’s once booming property market looks sickly.

Blowing it: Priapic playboy with an appetite for drink.

Last word: Bill Bonner on the end of the War on Terror.

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