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  • ( ) NHL needs to show the kids some love

    Or St Louis Blues fans…. Think they could spot Lars Eller in a lineup?

    Do you think anyone in Los Angeles knew anything about Jonathan Bernier before he suited up for the Kings earlier this year?

    For many American hockey fans, players might as well just come from hockey factories in Canada, Sweden, Russia, Finland etc.

    In basketball American sports fans know the story of every players before he hits the NBA as coverage of hoops in the U.S. is extensive.

    Ditto for football and baseball.

    Personalities are built and fans watch the stars of tomorrow grow up in front of their eyes and on their T.V. screens. In short they can relate to each athlete before he joins their home team.

    Not so in hockey and this tournament would be the perfect vehicle to introduce these young players to the U.S market. More>>

  • ( ) Britons Face Billion-Pound Interest Payback

    One in four people is struggling with their debts as Britons collectively face a �93bn annual bill for interest.

    At the same time, around three million people have taken out a debt consolidation loan to try to get on top of their borrowings.

    Borrowing through credit cards, loans, overdrafts and mortgages has hit almost �1.4 trillion, according to comparison website uSwitch.com.

    An estimated 9.5m people had "maxed out" on one form of credit during the past six months, while 38% have had a credit card application rejected, the group claims.

    But nearly two-thirds of these failed to close down their existing credit facilities, and instead went on to rack up a further �2,300 of debt on average.

    Overall, the research found that the average household has now amassed unsecured debts of �4,281. More>>

  • ( ) Issues 2008

    Credit derivatives headed for the worst week in almost two months after a U.S. government report showed unemployment jumped to a two-year high, driving concerns the housing slump is dragging the economy into a recession."

    December 31 - Bloomberg (Bryan Keogh): "Bonds of high-yield, high-risk housing and financial companies delivered the worst returns this year on losses tied to subprime mortgage defaults. Bonds of housing-related companies such as Florida homebuilder Tousa Inc. and bankrupt air-conditioner maker Fedders Corp. returned a negative 12.5%, while financial company debt lost 8.07%..."

    January 4 - Bloomberg (Bryan Keogh): "Commonwealth Bank of Australia, the Nation's largest home lender, sold $2.5 billion of bonds this week, the only offering in what may end up as the slowest start to a year for U.S. More>>

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