2011.09.27

News Headlines - 27 September 2011

▽CITY TRADER: I WANT RECESSION IT WILL MAKE ME RICH - Express.co.uk
http://www.express.co.uk/posts/view/273920/City-trader-I-want-recession-it-will-make-me-rich
In an extraordinary interview, independent trader Alessio Rastani said: ... “We don’t really care whether they’re going to fix the economy, our job is to make money from it. The 1930s depression wasn’t just about a market crash. There were some people who were prepared to make money from that crash. I think anyone can do that.”
“Governments don’t rule the world,” he said. “Goldman Sachs rules the world. Goldman Sachs does not care about this rescue package.”

▽Miliband 'can split the Coalition if he backs a poll on EU membership' - Evening Standard
http://www.thisislondon.co.uk/standard/politics/article-23991552-miliband-can-split-the-coalition-if-he-backs-a-poll-on-eu-membership.do
Eurosceptic Labour MPs said the move would be a "game changer" as a poll showed a majority of the party's voters would back it. They argued that there was a growing feeling in the country that Britain should hold a vote on the relationship with Brussels for the first time in 36 years as economic turmoil grips the eurozone.
With similar unrest growing on the Conservative benches while the Liberal Democrats remain committed to the European project, the MPs predicted that Labour support for a referendum would break open the Government.

▽LSE gets green light for LCH takeover - source - Reuters
http://www.reuters.com/article/2011/09/27/lse-lch-idUSL5E7KR1QA20110927
London Stock Exchange head Xavier Rolet has won the backing of LCH.Clearnet's board to forge ahead with his planned 1 billion euro ($1.3 billion) takeover of the European clearing giant, a source familiar with the situation said.

▽BAE Systems to cut nearly 3,000 UK jobs - Reuters
http://www.reuters.com/article/2011/09/27/britain-bae-idUSL5E7KQ2XI20110927
Europe's biggest defence contractor BAE Systems said it will cut nearly 3,000 jobs in Britain as smaller global defence budgets hit orders for its fighter jets.

▽Google celebrates 13th birthday with Google Doodle - Telegraph.co.uk
http://www.telegraph.co.uk/technology/google/google-doodle/8791027/Google-celebrates-13th-birthday-with-Google-Doodle.html
The search engine marks entering its teens by turning its home page into a birthday party scene.
Surrounded by multi-coloured balloons and streamers, its logo is adorned with party hats and sits behind a table heaped with wrapped presents and a large white birthday cake with 13 candles.


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