Archive for October, 2006
Uk Finance Industry
October 20th, 2006
Question: Do u agree with Mr. King - Governor of the Bank of England?
http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article3842764.ece
Its refreshing to actually hear somebody come and say what a lot of people have been thinking. Could have acted earlier though.
Yes I agree SIOINIG I believe today's financial turmoil in the U.K. has its roots in Thatcher's years when the financial regulations were lifted.
Nagbag - good points so true. Not a lot between them.
Answer: ...And the Thatcher government blamed the mess they inherited from the Labour Govt.
It was G. Brown who split financial control between the B of E, the FSA and the Treasury, so clipping the wings
Is Mr. King being told what to say??
The FSA didn't do their job very well, witness Northern Rock.
Brown sold some of our gold at rock bottom price, robbed pension funds and increased indirect taxation.
He also seems keen to give our cash to countries that have their own rich entrepreneurs or corrupt heads of state.
London hemmoraging financial industry abroad (06Oct09)
Posted in Finance Answers | 
Tags: business, economics, finance, news, uk, uk finance industry | 
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Car Finance Online
October 19th, 2006
Question: Is there a way of buying a car online from a dealership?
Is there a way to do all of the financing, negotiating, and other high pressure stuff online, and then take a final, official offer to the dealership and simply pick up the car?
What would be the pros and cons of buying that way . . . or, do you think that doing all of the paperwork/haggling at the dealership is better?
Answer: Sure, lots of people do it.
You can contact the dealer directly thru their internet dept. Or you can use a service like Cars Direct or Autobytel where the price is pre-negotiated (no haggling) so all you have to do is paperwork.
Contracts can be faxed to you to sign. When its done, either pick up the car or the dealer may even deliver it.
You might be able to grind out a better deal in person, but that needs to be compared to the time you spend going dealer to dealer, driving all over town looking for the perfect car and deal.
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