Oct 12

Preparing/test run for the ‘BIG ONE’?


Britains Chancellor of the Exchequer George Osborne (R) speaks to U.S. Treasury Secretary, Jack Lew.(Reuters)
Britains Chancellor of the Exchequer George Osborne (R) speaks to U.S. Treasury Secretary, Jack Lew.(Reuters)

Bankocalypse drill: US and UK to run ‘too big to fail’ collapse simulation (RT, Oct 11, 2014):

The US and UK will stage a comprehensive simulation next week check whether the countries’ financial and banking sectors are still vulnerable to the problem of the ‘too big to fail’ institutions and coordinate their actions in case of such collapse.

Government financial leaders from Britain and US will simulate a failure of a large banking institution on Monday in Washington, DC, to test the effectiveness of each county’s banking regulations. Continue reading »

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Feb 01

James Cameron plans move to NZ (Stuff, Feb. 1, 2012):

Hollywood movie mogul James Cameron is coming to live in Wairarapa – and he is bringing his family with him.

The director of blockbuster films Titanic and Avatar has purchased two large plots of land along Western Lake Rd in south Wairarapa, where he is expected to arrive and live later this year.

Records released today from the Overseas Investment Office show that James F Cameron, of Canada, was given consent in December to purchase two separate properties, one 817 hectares and the other nearly 250 hectares.

The purchase price is listed as confidential.

Continue reading »

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