it's all gone pear-shaped

Yikes! Financial Armageddon is upon us. Thank goodness I’m too financially innocent to have heard about Icelandic banks before, or else the Hedgie funds may have been at risk (Doh – there are no Hedgie funds to be at risk!!)

The BBC’s economics coorespondent Robert Peston is certainly making a name for himself in this saga. He must have excellent sources (probably the Chancellor and the Bank of England are trying to track these down and eliminate them as I type).

One of my acquaintances works for the Bank of England, and he tells me when they have interesting “secret” visitors the email system is switched off completely (and even when it is working, it has numerous ferocious filters)