Oil

[Freamon]

Banks might lose money but they certainly won't be doing things that they won't think would make big $$$.

When was the last time no serious bonuses were paid? Bank losses seem to have little to do with it - essentially banks seem to be run by their staff as they see fit, rather than actual owners (shareholders) of the bank making sure that there are no rewards for failure.

Since when have shareholders in publicly listed companies had any real say whatsoever in their running?

Bonuses have nothing to do with profits/losses, and everything to do with how much of their existing workforce the bank wants to retain at the end of the year.

[AtW]

Since when have shareholders in publicly listed companies had any real say whatsoever in their running?

Shareholders own company - full stop.

Maybe they did not have a say for some time, maybe even long time ago - they are however rightful owners of the company and if staff of the company basically robs the register to inflate their pay then such stuff should lose their jobs at the least and go to jail at the worse.

[Freamon]

Shareholders own company - full stop.

Maybe they did not have a say for some time, maybe even long time ago - they are however rightful owners of the company and if staff of the company basically robs the register to inflate their pay then such stuff should lose their jobs at the least and go to jail at the worse.

Meanwhile, in the real world...

[Jog On]

Brent is close to $112 per barrel and rising fast.

Add in the "green" taxes and it's going to be mightily expensive filling up the car for many.

I'm short BRENT today - aiming for at least $107.00

[DimPrawn]

I'm short BRENT today - aiming for at least $107.00

Good luck. You might be in with a shout but I think it's too early in the cycle yet for a fall.

[TestMangler]

It pains me to say that I actually agree with Dim on the fall (Brent crude) back to 90 or even 82.

Dim's view on things like this is always easy to agree with.

That is because he makes his predictions after the event

[DimPrawn]

Dim's view on things like this is always easy to agree with.

That is because he makes his predictions after the event

We are going to have a heatwave in October.













the first week of.

[TestMangler]

We are going to have a heatwave in October.


the first week of.

And let me guess, you bet against it on www.heatwavepredictionvault.co.uk

[DimPrawn]

And let me guess, you bet against it on www.heatwavepredictionvault.co.uk

£100 per deg C.