Fuld slams Fed for not saving Lehman September 1, 2010 THE FORMER chief executive of Lehman Brothers blamed the Federal Reserve for the collapse of the notorious Wall Street bank last night, arguing that the Fed withheld vital funds in the run-up to its downfall. Dick Fuld said the Fed helped other institutions such as AIG access liquidity but forced Lehman to instead file for [...]
Lloyds equity arm snaps up Mountain Warehouse September 1, 2010 LLOYDS Banking Group’s private equity arm has bought a 20 to 25 per cent stake in outdoor retailer Mountain Warehouse in a deal valuing the firm at £50m. Lloyds Development Capital (LDC) announced the purchase from Icelandic investment vehicle Arev yesterday, but later pulled the statement from its website. However, the deal is believed to [...]
VAN’S DER MAN FOR ‘BEAUTIFUL’ SPURS September 1, 2010 RAFAEL van der Vaart insists he has joined a “beautiful” club in Tottenham and says he can’t wait to pit his wits in the Premier League. The dynamic Dutch midfielder was given the green light to join Spurs in a shock £8m move yesterday after the Premier League accepted that technical difficulties had hindered attempts [...]
Red-hot Murray sizzles in New York heat September 1, 2010 ANDY MURRAY admitted his relief after cruising through to the second round of the US Open last night with a comfortable straight sets win over Lukas Lacko at a sweltering Flushing Meadows. In temperatures touching 100 degrees, Murray breezed past the Slovakian 6-3, 6-2, 6-2 to set up a second round clash with Jamaican Dustin [...]
Pietersen sorry for Tweet rant but fails to save Surrey September 1, 2010 KEVIN PIETERSEN last night apologised for his Twitter rant which followed his omission from England’s limited-over squads for the series with Pakistan. The out-of-form batsman broke the news of being dropped by England with an angry tweet on Tuesday, which contained an expletive. “It came out in the way that I didn’t want it to [...]
Spot-fixing trio locked in crisis talks September 1, 2010 THE three Pakistan cricketers at the centre of the spot-fixing controversy were locked in talks with top Pakistani cricket and government officials last night, while their futures hang in the balance. Test captain Salman Butt and fast bowlers Mohammad Aamer and Mohammad Asif took a taxi from the team hotel in Taunton for London yesterday [...]
Crouch injury hits England qualifying preparations September 1, 2010 ENGLAND boss Fabio Capello’s striking options for the Euro 2012 qualifying double header have shrunk after Peter Crouch pulled out of the squad. Tottenham frontman Crouch will miss Friday’s clash with Bulgaria and the trip to Switzerland on Tuesday after failing to recover from a back injury. Capello is not expected to call up a [...]
It’s a weight off your mind September 1, 2010 Age: 33 Best time: 31min 25secs Distance: 4 miles Average pace: 7.4min/mile FOR Omar Elhag, running the Garmin #4miler started off as a bit of fun – but has now triggered a mass health drive and change in lifestyle. “It’s really paying off,” explains Omar, who works in asset management. “I’ve shaved nearly six minutes [...]
When heroes came out of the shadows September 1, 2010 SAM TORRANCE played one of the greatest masterstrokes in Ryder Cup history when, as captain in 2002 at the Belfry, he sprung a surprise on his American opponents ahead of the decisive singles contests. Sensing a need to get back on the front foot after the United States had drawn level, Torrance front-loaded his order [...]
Bloodgate doc not struck off September 1, 2010 RUGBY UNION: The doctor at the centre of the Bloodgate scandal has escaped being struck off and had her suspension lifted by the General Medical Council. Dr Wendy Chapman, who said the 18-month saga had been a “great strain”, admitted deliberately cutting the mouth of Tom Williams as the Harlequins winger sought to fabricate a [...]
