shareholdersunite.com

The best is saved for the last in this excellent article. It’s where the author (Espen Eckbo) describes bail-outs as a zero sum-game, if the tax payers do not get the best deal (that is, the biggest equity stake), someone else (shareholders, management..) will..

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English football used to be a guarantee for spectacle, although not always technically and tactically at the forefront, at least it had huge entertainment value. Bar a few exceptions, this is no more. By far the worst offenders: Liverpool. We can’t even bare to watch them for 10 minutes without falling asleep. It has nothing [...]

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A couple of words come to mind. We will spare you, we’re sure you can come up with your own..

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Anyone who thinks that things are not seriously wrong, read this. And we’re talking about the second biggest economy in the world here…

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Suddenly, capitalism is in flux. The superiority (or at least, perceived superiority) of the Anglo-Saxon free market model has waned. What’s next? Critics of the bail-out and expansionary fiscal policy to stimulate the economy scare us with a socialist vision of big government. Some corners of the US political spectrum orchestrate a tax revolt. Do [...]

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A few comments from us

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The International Energy Agency recently published a large field by field study. The big, cheap existing fields are declining almost 5% on average. Here is one of them, the third largest oil field in the world. And it has nothing to do with falling demand..

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So much for that predicted US natural gas glut…

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As much as we dislike personal idolatry, however, we can’t disagree with this. If only because we wrote something similar a couple of weeks ago..

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We already noted it earlier, but the sums are large, and the format is nice: cash strapped energy developers get cash for long-term supply contracts.

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