Wednesday, September 24, 2008

Happy joy unicorn land




In happy joy unicorn land, the nice asian man next door has kindly asked that we stop borrowing his lawn tools and kitchen equipment, since if we insist on using our hats and shoes as cooking pots and chopping up our furniture for firewood, he is concerned that he won't ever see again the nice things he lent us for our barbecue last summer.

Chinese regulators have asked domestic banks to stop lending to U.S. financial institutions in the interbank money markets to prevent possible losses during the financial crisis, the South China Morning Post reported Thursday. The China Banking Regulatory Commission's ban on interbank lending of all currencies applied to U.S. banks, but not to lenders from other countries, the report added, citing a source. End of Story
Marketwatch (HONGKONG)

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