26
Nov
2007
The Scam of Credit Cards and Collateralized Debt Obligations (CDO)
Posted by Steve Rhode as Business Failures, Credit Cards
If you're new here, you may want to subscribe to my RSS feed right now, before you forget, to get the latest posts. Thanks for visiting!Just watch, the entire sub-prime fiasco in the US and soon to raise its head in the UK and other countries will be the fault of borrowers or so ...[Read More]
22
Nov
2007
Dozen Lads Lose Jobs in Jellyfish Attack
Posted by Steve Rhode as Business Failures, Wa-Wa-What
A rare and savage attack of Mauve Stinger jellyfish at the massive sea holding pens has all but ended the business of the only salmon farm in Northern Ireland. This unfortunate story serves as a good example of how people often find themselves in unexpected situations and income is lost or ...[Read More]
21
Nov
2007
UK Banks WTF?
Posted by Steve Rhode as Banking, Business Failures
On Unlawful Bank Charges in the UK. The Banks Think You Are Stupid. Are you? So I just finished reading the 39 page Office of Fair Trading response to the bank charge court case going on against Abbey National, Barclays Bank, Clydesdale Bank, HBOS, HSBC, Lloyds TSB Bank, Nationwide Building ...[Read More]
20
Nov
2007
Internet Plan Quotas Suck
Posted by Steve Rhode as Business Failures, Wa-Wa-What
Internet plan quotas are crap. Bullshit, bullshit, bullshit. I don’t want to sugar coat it for you. Other than to screw the consumer. What’s the point of quotas? OK, one argument might be that if people used our pipes a lot then we’d have to make a bigger investment in more ...[Read More]
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