The “News” over the past eighteen months, is that the people who said that they knew how to do a rating on a CDO (Collateralized Debt Obligation), now say they don’t know how to do that. And the people who said they knew how to value a CDO, or a RMBS (Residential Mortgaged Backed Security), now say they can’t do that either.
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TheMarketOracle 1 minutes ago (via marketoracle.co.uk)
Sky News understands that British Airways is reinstating more flights for Sunday and Monday as cabin crew turn up for work.
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SkyNews 10 minutes ago (via news.sky.com)
Sky News has obtained an internal operational note from British Airways which claims half of the airline's cabin crew expected to strike have turned up for duty.
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Yahoo 29 minutes ago (via uk.news.yahoo.com)
BEIJING (AFP) - Chinese media unleashed a torrent of criticism against Google on Saturday after reports it would leave the country, with state news agency Xinhua alleging the company was linked to US intelligence.
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Yahoo 29 minutes ago (via uk.news.yahoo.com)
Sky News has obtained an internal operational note from British Airways which claims half of the airline's cabin crew expected to strike have turned up for duty.
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Yahoo 30 minutes ago (via uk.news.yahoo.com)
John Stepek highlights the week's best news and views from the MoneyWeek team, including: how hyperinflation could come to 'Weimar Britain'; how you could have turned £1,000 into £2.6m; and why financiers are paid so much more than scientists.
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MoneyWeek 41 minutes ago (via moneyweek.com)
Other News Sources - Talks to avert a damaging strike by British Airways cabin crew are resuming as time runs out on efforts to break a deadlocked row over cost-cutting. The airline's chief executive, Willie Walsh, and the Unite union's joint leader, Tony Woodley, spent Thursday locked in delicate discussions at the TUC headquarters in London.
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TransportInfo 58 minutes ago (via topix.net)
Other News Sources - Police have condemned vandals after a train travelling at 90mph hit a pile of concrete blocks which had been left on a Tamworth railway line.
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TransportInfo 59 minutes ago (via birminghammail.net)
Other News Sources - British Airways chief executive Willie Walsh tells passengers he ismp;amp;nbsp;mp;quot;deeply sorrymp;quot; as cabin crews prepare to begin a three day strike that is likely to disrupt thousands of passengers.BA strike to go ahead as talks collapse
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TransportInfo 59 minutes ago (via channel4.com)