Toxic Loans - Part 2

Marcus Halberstram

..so where were we?...ahh yes…the Noughties…a time of excess built on a foundation of credit; money that in truth just didn’t exist…Bankers were living it up in their Lear Jets while the rest of the UK picked bits of pepperoni out of their hairy navels whilst stuffing a Dominos into their cakehole. While they were sat there watching the latest reality guff on their brand new 107 inch plasmas which had been bought on the “never never”

Continue Reading... Comments (3) 31.03.2009. 14:45

Toxic Loans took my home

Marcus Halberstram

“Credit crunch”, “Quantitative easing”, “Credit defaults swaps”….who’d have thought that these words would enter the daily vernacular of the average Wycombe supporter? The G20 meet next week (not to be confused with the G14 European footballing elite) with a crisis on their hands…a Global recession, 50% wiped off shares values, Credit lines have dried up, 2 million unemployed and rising…

Continue Reading... Comments (0) 26.03.2009. 12:25