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Remember the date – 29th September 2008 – the day everything changed. In the UK, Bradford and Bingley has finally been put out of it’s misery. The buy to let bubble has finally burst. It wasn’t necessarily a big bang, but I’d imagine that yesterday the value of every UK residential property dropped by several… » read more

Posted by financialguy

Can A Bail Out In America Work?

Should a government bail out a sick bank, insurance company, hedge fund or investment company? This is a tricky question to both ask and answer. As I write, the Dow has just closed down by over 770 points on news that the US$700 billion bail out package has not approved. This appears to be a… » read more

Posted by financialguy

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