In the news

can you just read it through the web browser?

Top tip, thank you.

And yes, could use the web browser, but the app has slightly slicker functionality

That is fucking crazy. Why would a council be allowed to do that is beyond me

Then I suggest they shouldn't underwrite them.

Yeah, they shouldn’t. They certainly don’t want to. In 2008 we are told the alternative was worse.

If a significant bank fails there are no liquid or semi liquid assets, at all. None. A failed bank’s liabilities always outstrip its assets, thanks to gearing.

Any existing shares were pretty much valueless at the point where the bank is prevented from failing, so what you are suggesting mostly happens anyway, except the state takes on only liabilities.

A good newt story

https://news.sky.com/story/great-crested-newts-mean-boris-johnsons-plan-to-build-a-pool-isnt-going-too-swimmingly-12931619

They were basically forced to by camerons changes to local government funding arrangements weren't they?

Dan Wooton really is a piece of shit. I just had him down as a smug prick until I saw this
https://youtube.com/watch?v=HJJb-DozMR4&feature=share8

Go for a couple, to balance it out? Eg telegraph+daily mail

Sure, I always tie a kettlebell to my right leg and and hold a dumbell in my right hand when I want to walk upright.

In other news, describing witch hunts as "un-american" seems a bit if a stretch.

The French as so stylish.

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Trump charged

Again…

https://www.bbc.com/news/live/world-us-canada-66248859

Pretty easy to determine some of the unnamed co-conspirators.

Mother Jones says the 5 lawyers are Giuliani, John Eastman, Jeffrey Clark, Kenneth Chesebro and Sidney Powell. There are lots of tweets saying no. 6 is Boris Epshteyn. He's a lawyer but he wasn't acting as a lawyer on this project.

If he served that in Leytonstone he'd get buried in the pub garden.

This whole mp pulling a pint thing is so old.

“I’m just like you really”

I agree. Boris would say something like - "Pull a pint, good god no, I can't do that. I'm far better at drinking them!" and we would love him for being an out of touch toff.

I wasn't sure about Sunak but now he's pulled a pint he can send as many people to Rwanda as he likes as far as I'm concerned.

https://twitter.com/RishiSunak/status/1686295518706561024

Needs a Flake in it

https://youtu.be/i5GjDBLW_Tg

Least we forget

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This

The expression on the face of the lass behind him.

Perfect.

I really identified with Cameron when he told me he liked football

(then got confused which team he supported, his excuse being that he had flown over another teams ground in a helicopter that day)

A failed bank’s liabilities always outstrip its assets

But accounting though, no? Assets = liabilities + equity. If the share price is zero, the assets equal the liabilities.

[Edit] actually, that's complete bollocks. Equity does not necessarily reflect share price (other than at origination, I guess).