Don’t Panic – UK Weekend Headlines

Support for faith initiatives to be expanded:

http://www.ft.com/cms/s/d180673c-f3f0-11dd-9c4b-0000779fd2ac.html

Fitch cuts 2 Bank of America ratings:

http://www.forbes.com/feeds/ap/2009/02/06/ap6019302.html

Companies still not owning up to corruption:

http://business.timesonline.co.uk/tol/business/law/article5653740.ece

Taxpayer to insure Treasury’s £400bn toxic loan scheme

http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/4551710/Taxpayer-to-insure-Treasurys-400bn-toxic-loan-scheme.html

BTW – a really interesting story on RFID cloning –

http://www.itnews.com.au/News/95588%2Chackers-clone-passports-in-driveby-rfid-heist.aspx

FYI RFID is in the new swipe payment cards. Guess how ‘secure’ that really is?

Barclays battles to convince doubters:

http://www.guardian.co.uk/business/2009/feb/08/barclay-banking

IMF Says Advanced Economies Already In Depression

http://www.fxstreet.com/news/forex-news/article.aspx?StoryId=f452d815-f0e7-40c2-ba5d-6f87c652bfed

Government compiles travel records database:

http://www.independent.co.uk/news/uk/politics/government-compiles-travel-records-database-1604187.html

Russia rattles sabres in Obamas direction:

http://www.ft.com/cms/s/0/85fd2362-f46e-11dd-8e76-0000779fd2ac.html

Biden proposes to press reset button with Moscow:

http://www.ft.com/cms/s/0/21cb9768-f525-11dd-9e2e-0000779fd2ac.html

Australia inferno toll nears 100:

http://news.bbc.co.uk/1/hi/world/asia-pacific/7877178.stm

Scores killed by Australia’s worst fires yet:

http://www.timesonline.co.uk/tol/news/world/article5686219.ece

Why all this now? Perhaps:
British teenagers have lower IQs than their counterparts did 30 years ago:

http://www.telegraph.co.uk/education/educationnews/4548943/British-teenagers-have-lower-IQs-than-their-counterparts-did-30-years-ago.html

In case you missed it, the FDIC “stepped in” on three banks on Friday:

http://www.fdic.gov/news/news/press/2009/index.html

BTW If I was in NYC I’d find some other place to be tomorrow… just in case

Peace