Spygun Snapshots for 8 February, 2012
12:07 pm A German spokesman has made what is probably the MOST sensible quote ever about the Eurozone: " We have created a machine from hell that we cannot turn off." Wise words - although, Mickey Mouse as the Sorcerer's Apprentice evokes an even more appealing image: http://youtu.be/nuBzi05O0xY
11:45 am The most recent delay to the discussions on the conditions attaching to a rescue and bailout of the Greek economy are as a result of Georgios Karatzaferis, leader of the Laos Party not having received a Greek translation of the draft agreement. The document has been translated from Goldman Sachs English to Greek.
11:36 am The Bank Reporting Season kicks off in a couple of days. It will be interesting to see what effect their results have on the Stock Markets and whether we're in for yet another round of "bonus condemnation". There may be other questions too. For instance, has RBS repaid the secret bailout loans it received?
11:27 am Just discovered a wheeze!! Nowadays, if you want to cancel a vehicle insurance policy, the company will charge you cancellation fee. The average is £75. However, if you cancel the Direct Debit and they are unable to collect a payment, THEY will cancel the policy. Cancellation Cost? Zero.