Uneventful weekend - by my standards that suits me just fine.
I have not been reading the newspaper (well for the past 6 days) so I'm catching (MAYBE) this week. Before you feel sorry for my cash flow crisis it is not linked to the issues facing Northern Rock. Besides there are numerous assurances from the Government (for those who trust the government) and the independent financial regulator (FSA)

Yes I'm watching the news and mostly pensioners (and I do not blame them) are hurriedly withdrawing their life long savings. But where are they taking their cash? One said he is taking it to another bank. Probably it is a wise move he might know something about this 'other' bank that we do not know about. The CEO of DB was last week challenging other players in the banking and financial services industry to come clean and report on the impact of the American crisis on their performance. I can only wish him the best of luck - sometimes the truth is hard to swallow especially when in a sensitive industry like banking. Rumours lead to panic and next the bank is on its knees.

I guess everyone is interested in knowing who wants to take over Northern Rock it is between a rock and a hard place!