Snowmail: Timely but late words

Last Modified: 11 Oct 2008 By: Alex Thomson Coming up on tonight's programme... Greetings All - Alex Thomson here with your weekend Tomomail... And so the grim cycle continues...perhaps we should begin tonight's programme with the verbatim speech by Mr McCawber. Income...expenditure... happiness and misery etc. Timely perhaps, but a little late. Which is pretty much what they are saying of the efforts coming from Washington thus far, to impose some kind of sanity on the globally crumbling banking industry. So far lots of fine old words. More empty rhetoric from George Bush this afternoon. The only thing which moves the markets though are concrete moves and numbers. None of that on Capitol Hill so far. As David Trimble used to say during the long hours forging the Good Friday Agreement in Belfast : "fine words butter no... [read full story]                    

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