The global financial crisis is no laughing matter for many people, but it has nonetheless resurrected some dreadful puns that were popular back during the Japanese banking fiasco in the 1990s. Doing the rounds by e-mail are the following:
The present may be pretty bleak for investors, but that has not stopped one firm from looking decidedly at the future – privatised space travel. Fortis Investments reckons space tourism will one day become all the rage with travellers willing to fork out thousands upon thousands of dollars for the adventure.
During a briefing in the London office of Societe Generale this week, Alain Bokobza, head of European Equity and Cross Asset strategy, handed out a booklet containing series of charts and graphs to explain the bank’s latest multi asset portfolio for the fourth quarter.
As he explained the outlook for the UK economy, a chart on UK growth was discreetly missing from the booklet.
It’s been three years since the International Association of Machinists and Aerospace Workers last agreed to a contract with Boeing, the end result of a strike at the aerospace company that lasted about a month.