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Borrowers urged to take charge of debt level (Financial Times)
Mortgage brokers and consumer agencies are calling on borrowers to take more responsibility for debt levels, after the Financial Times' disclosure that the Abbey is offering to lend couples mortgages of five times their joint salary.

Twenty things I didn't know before I worked as a debt counsellor (Financial Times)
One easy payment, the ads say, as if a little light tidying were the solution to chaotic debt problems. Faced with insurmountable multiple debt, most people try to borrow their way out. This is like mending a leaking bucket by joining up all the little holes to make one big hole.

(AFX UK Focus) 2008-11-21 22:27 Goldman Sachs plans FDIC backed debt sale - IFR (Interactive Investor)
NEW YORK, Nov 21 (Reuters) - Goldman Sachs plans to sell new debt that will be guaranteed by the Federal Deposit Insurance Corp, with order books for the bonds expected to open next Monday or Tuesday, according to the International Financing Review. The debt will mature no later than June 30, 2012, said IFR, a Thomson Reuters publication. (Reporting by Karen Brettell; Editing by Chizu Nomiyama) ...

No way, no how, no bailout.Sunset at the City of Arts and Sciences (Two photos for celebrating my 2nd anniversary in Flickr 2/2)Upside Down SnowballSixteen Tons and What Do You Get?

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