Bush on fire… especially if his Trillion Dollar finance bailout goes up in smoke!

As the sun streams through my office window on this almost perfect Scottish September Friday afternoon - everything looks so beautifully peaceful. In fact if you listened to your senses you’d think mother nature didn’t have a care in the world and she probably hasn’t.

For us mere mortals however, boy oh boy there’s a storm brewing - and as I’ve just noticed over at Reuters not even $1TRILLION Dollars may be able to fix it. Has the credit crisis on the other side of the Atlantic just lurched nearer to pushing the entire western world off the edge of the precipice where it appears to be hanging by it’s fingernails, down into complete financial meltdown? Pretty dramatic statement I know… sadly quite possibly accurate though.

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Fannie Mae and Freddie Mac - Which Way Will the Wind Blow

World markets have responded positively in the main to the news that US has effectively nationalised the two mortgage giants known as Fannie Mae and Freddie Mac. On Sunday the Secretary of the US Treasury Henry Paulson announced the takeover of these two huge American Institutions or GSE’s as they are known - meaning ‘Government Sponsored Enterprises’, a curious mix of both state and privately owned entities. Continue reading this post…



What should I do with my Endowment Policy?

Hi all,

This is a very common question and one I deal with on a regular basis. As ever there isn’t only one set answer. The first thing you need to establish is what type of policy you hold. Continue reading this post…