Connaught Cocktails © fintag

Barely Measures Risk © fintag

So my bartender just won an award. He is the world class bartender of the year and beat 9000 people from 23 countries. The Connaught (see pic) is a favourite haunt and I am pleased Erik won. He is a winner (advfn).

Unlike those poor punters being force fed Ocado stock by Goldman who need the IPO to succeed. The founders shares are owned in tax havens, the company will never produce dividends, the business model is repeatable (fedex anyone?) and needs more funds to survive. Goldman are winners (dailymail).

MSCI. It bought riskmetrics and now its bought Bear Stearns barely measures risk (see pic). The winner is JP Morgan (marketwatch). But not the UK (telegraph).

But sometimes there are no winners. Take the Americans. Having bashed the Spanish and Greeks it turns out they are in a much worse position. Double Dip USA - Welcome to the the Great Depression 2.0 (telegraph).

Thought the internet was killing off journalism? 12 Hacks produced this simple powerpointesq chart. Financial Times. Via Google.

Prediction:
USA to give up the greenback for the Euro.