| Too much debt and not enough money
So many people are struggling financially while others are worried about their financial futures. These are actual people with the problems they've faced or the questions they've asked. Lisa and Paul -- Married couple with three at-home teenagers. .
2000 Scots fear for their jobs as the Prudential plans £195m cut ...
"This means at least six months of uncertainty in the lives of loyal staff based at Stirling. We are looking for clarity and transparency from the Prudential. We expect the company to enter into a genuine dialogue with Amicus with the aim of ending uncertainty and achieving the best possible outcome for the staff." - Amicus spokesperson Story in full TWO thousand Scottish workers face a six-month wait to discover their future after insurance firm Prudential announced a £195 million cost-cutting plan in an effort to turn around its fortunes. .
China and the Hedge Fund Dragon
This week we look at the possible latest entry into the hedge fund world, The People's Republic of China; review the cockroach principle of subprime mortgages; and investigate the possibility of whether we need more derivatives and not less than the $283 trillion or so we now have. It's a lot to cover, but it should all be interesting. But before we get into the meat of the letter, I want to announce a brand new web site. For the last six months, we have been in the process of creating a Chinese language web site of Frontline Thoughts. I have wanted to do this for years, and we are finally ready to go public. If you would like to read this weekly letter in Chinese, you can go to www.frontlinethoughts.cn. You will be prompted to click on English or Chinese and then enter your email address.
Welsh town 'personal finance blackspot'
A WELSH town has received the unenviable accolade of being branded a "personal finance disaster" in a new survey. Caerphilly came second in a league of shame naming the 10 most "financially-troubled" spots in the UK. In its survey, the internet directory service locallife.co.uk contrasted the town's high number of businesses dedicated to financial problems - such as debt collectors - with the low number of businesses associated with healthy personal finances, such as accountants. A spokesman for the website said, "On an overall per capita basis, Caerphilly had more debt collectors, insolvency practitioners, money lenders and pawnbrokers than almost anywhere else in the UK - as well as having a lower number of accountants, banks, building societies, independent financial advisers and mortgage, tax and pension advisers." He added, "Caerphilly has amongst the most financially troubled residents in the UK." .
|
