BILL Gates and Warren Buffett (£96bn combined) have led a The Giving Pledge campaign that will see 40 billionaires give away half their fortunes to charity and “good causes”. If this still leaves you with a billion or more in the bank, then grandstanding your generosity – you get to write letter explaining how nice you are to the world – may not lead to a big reduction in living standards for the donors.
And then the donors can pledge to give the money after they die. Sign up now and Buffett will stop asking you to sign up. Although if you delay singing up long enough he may start offering inducements, like a free tumbler, a free tumbler factory or to have France renamed in your honour.
THE fish men of London’s Billingsgate Market in London are demonstrating against planned changes to the way the market is run by the City of London Corporation. Members of Unite at the historic market said they were fighting for their jobs because of proposed changes to the licensing of employees. namely the porters. Says the union:
“Licensed porters are central to the character and success of Billingsgate market. Their knowledge of the market, understanding of products, sizes and grades as well as commitment to the job make porters the life and soul of the market. The Corporation of London’s changes, if implemented, will damage how the market functions, ruin Billingsgate and destroy the market’s heritage. Unite is arguing there is absolutely no reason to suddenly change what has worked for centuries.”
Workers will no longer be forced to retire at 65 from next year under radical Government proposals to be unveiled today…
From next October, it will be illegal for firms to get rid of staff when they reach 65, allowing millions who are facing retirement to stay on, the Daily Mail has learned.
Says the Express:
MILLIONS of workers face being thrown out of their jobs when they reach 65 after a landmark legal ruling yesterday. Employers will be able to force staff to retire against their will if they can prove it will help younger employees, the Court of Appeal ruled.
The Express’s featured case is based on one Mr Leslie Seldon. He was forced to retire his role as partner at Clarkson Wright and Jakes, in Orpington, Kent, a law firm where he had worked as a civil litigator for 35 years. His removal was “in line with his partnership agreement”.
THE sign outside the BP service station on Hampstead Road, London, says: “Closed. Moving beyond petroleum.”
Moving beyond petroleum… OK. But as a slogan it goes only halfway. What are we moving on towards? And how are we moving there? Are we moving on tofu? Clockwork? Bollocks? Can bollocks make energy? What about lies and information? If lies were info, BP shares would be surely soaring with every photoshop gush.
BP today announced losses of £11bn for the second quarter of this year and confirmed chief executive and jobbing Michael Sheen look-alike Tony Hayward will be replaced by Bob Dudley.
Or will he? If bullshit is power, BP needs to up its output.
Says Mr Hayward, displaying once more his gift for language:
“Sometimes you step off the pavement and get hit by a bus.”
WE spotted BP boss Tony Hayward (a shoo-in to play Michael Sheen in a biopic of the actor’s life) being driven away from the offices of BP, in St James’s Square, central London. The BP man has his life back.
And it’s a life that will be put to use within the group’s Russian joint venture. Yeah, they’re sending him to Russia as a non-executive directorship at TNK-BP.
BP is doing pretty well in the financial markets. But on the web, the company is faring less well. On the firm’s website, there’s a “View of the MC 252 site from the cockpit of a PHI S-92 helicopter 26 June 2010″.
Only, the picture seems to have been tampered with. Gawker’s Brian Barrett notes the airtraffic control tower is in views, the sea merges two oceans and the “readouts on the dash appear to indicate that that door and ramp are open and the parking brake engaged”.
TO protest at BP’s sponsorship of the arts, demonstrators poured oil and feathers over the entrance to Tate Britain, in Pimlico, central London, which is hosting the Tate Britain summer party. Yep, to highlight how awful BP is at polluting things, demonstrators gave cleaning staff a really horrible job to do on a very hot summer’s day. And as for oil on canvas being unfit for BP to sponsor… Well, you want edgy art? You can’t handle edgy art…
Demonstrators pour oil and feathers outside the entrance to the Tate Britain, in Pimlico, central London, which is hosting the Tate Britain summer party, as part of a protest against BP sponsorship of the arts.
THE BP oil is still spilling in to the Gulf of Mexio. Obama is looking at matters in Afghanistan. Obama’s sacked General Stanley McChrystal for talking to Rolling Stone magazine before Michelle and the kidzz got their photo montage and cover. But the press is looking at Judge Martin Feldman. Tim Worstall looks too:
The judge who overturned deepwater drilling bans allowing BP to resume oilTransocean and other firms in the industry, it was revealed today.
Yesterday, a Louisiana-based judge Martin Feldman ruled that Barack Obama’s six-month drilling moratorium in the Gulf was unjustified because it assumed that all deepwater drilling was as dangerous as BP’s.
The White House promised an immediate appeal.
Meanwhile environmental groups have said Feldman’s ruling may have to be rescinded because of the possible conflict of interests.
EARLIER we reported that BP’s PR nightmare Tony Hayward had a yacht called Bob. The swanky boatwas cutting through the Isle of Wight’s watersin the JP Morgan Asset Management Round the Island Race. ITV news reports that Hayward was in the vicinity of the yacht.
The Isle of Wight is in the English Channel – a ribbon of sea warmed by the, er, Gulf Stream. The warm water comes from the Gulf of Mexico via the North Atlantic Drift. Might it bring some oil?
“American environmental disasters for American people!” goes the cry. Says one Obama aide:
We will have American environmental disasters for American corporations, if it’s all the same with you and your tea, Mr Britisher Man. We want none of your imported disaters. If you want to export your toxic wave go to India, lke we did.
The British are not local. Local things for local people eh, Mr Waxman…
SIR Richard Branson did not launch Virgin to meet girls. It’s just perk of the job. We spotted Branson celebrating the 10th Anniversary of Virgin Atlantic flights to Las Vegas from London Gatwick by hoisting Dita Von Teese over his shoulder at McCarran International Airport, Las Vegas. He seemed to enjoy it. Just as he’s enjoyed meeting and greeting: Natalie Imbruglia, Kate Moss, Kristen Davies, Katie Price, Maddy Ford, Nell McAndrew and Emma Bunton. Feel the love. Feel it…
Sir Richard Branson and Dita Von Teese pose for photographers at McCarran International Airport, Las Vegas, USA to celebrate the 10th Anniversary of Virgin Atlantic flights to Las Vegas from London Gatwick.
BP is being taken over by Barack Obama. Well, not all of it – just the bits that do good works and reflect well on…Obama:
White House officials on Sunday said they wanted BP to put “substantial” funds into an escrow account to cover claims by Gulf Coast businesses and residents affected by the spill.
President Barack Obama plans to bring up the idea at a White House meeting Wednesday with top BP executives, including Chairman Carl-Henric Svanberg.
The call was echoed by congressional leaders and state officials. In a June 10 letter to BP released on Sunday, Senate Majority Leader Harry Reid (D., Nev.) and other Democrats asked BP to establish a $20 billion account, administered by an independent trustee, that would be used to pay the damages and clean-up costs associated with the spill. Florida Governor Charlie Crist and other officials in the Gulf Coast region joined the chorus.
It remained unclear how any such funds would be supervised, in particular who would oversee the compensation decisions. Administration officials on Sunday didn’t comment on the size of the escrow account they will seek, or on where money might come from. Nor did officials detail the legal status of the proposal.
Such a fund would provide a measure of security, proponents argue, for people concerned BP might file for bankruptcy protection or otherwise stop paying claims at some point in the future. It also has the potential to give the government or its designees control of distributing a significant pool of relief money.
Oh, thanks Barack Obama. Cheers for the cash you are redistrubuting. Not your cash – BP’s. And you will do a better job of getting value for money than a big company.
“I get harassed in the supermarket with my son just wearing sweatpants with my hair in a ponytail...I can’t help how I look…
“If being less good-looking means being happy and finding love and not being sexually harassed and having a job where no one bothers you and no one questions you because of your looks, then, definitely, I’d want that. I think of that every day.”
The New York Daily News says Debralee was on telly show about plastic surgery in New York. She was the ideal model, we’d wager. The natural dream. As she says:
THE BP oil spill in the US Gulf is now a Nigerian scam:
From: Dudley Caruthers Esq (Barrister at Law)
Subject: BP Related Agreement Entitlement
I am the private solicitor for Mr Tony Hayward, the esteemed Chairman and Chief executive of British Petroleum. My client has various personal and family related holdings of BP stock and options. Due to his faithful long standing service to BP the total value of his holdings amounts to in excess of 100m pounds sterling. Mr Heywood is a British citizen but it has been my sorrowful duty to advise him that his personal and family wealth is at great risk of being wrongfully confiscated by US authorities acting extra-territorially under special powers authorised by the US government and with the secret consent of a supine UK political and legal establishment.
BP is embroiled in an oil spill in the gulf. Natural oil is leaking into the natural seas. Barack Obama will not rest until the oil spill is capped. He most likely won’t shower, either. Can sea sponges and the French flag save the US Gulf? The oil industry, pretty much the safest, most regulated industry in the world, is in the mire. So big is the disaster that Ashton Kutcher is travelling at 7mpg to the scene in his thoughts and a massive car. Others are creating images:
DEBRAHLEE Lorenzana is suing Citibank. She says he was sacked for being “too hot”. Debrahalee Lorenzana – how’s that for a hot name? – is 33. She is a mother of one. The Village Voice tells us:,
Her bosses told her they couldn’t concentrate on their work because her appearance was too distracting. They ordered her to stop wearing turtlenecks. She was also forbidden to wear pencil skirts, three-inch heels, or fitted business suits.
Debrahlee is 5’5” tall and weighs 125 pounds”… She has “soft eyes” and “flawless bronze skin”. Debrahlee has “J.Lo curves”, a “Jessica Simpson rack” and “Audrey Hepburn elegance”.
She is the ultimate body double. Her lawsuit says that:
“as a result of the shape of her figure, such clothes were purportedly ‘too distracting’ for her male colleagues and supervisors to bear.”
Too hot ot not? Old Mr Anorak is waiting for his 10 0′clock…
BUSINESSMAN of the Day is Barber Ben Martin, 38, who has opened a hairdresser’s salon in a layby alongside the A6 near Luton. His barber’s in Caddington, Bedfordshire, closed a year ago. He struggled to find work. And then he had a “eureka moment” and opened a new shop in a trailer. Says he:
“I had to check it out with the highways authority and local council but there are no overheads. I drive my trailer there every day. I worked all hours at the start to work out what the best time to work was. Now I do 9.30am to 5.30pm Monday to Friday. Saturday was busy in my barber’s shop but of course on Saturday the roads are quiet.”
THE recession has done for James Bond and his Dr Who-style franchise. Our pal Cassetteboy has this exclusive video insight into just what went wrong. Bond always was a City boy with an expenses account. In for a Moneypenny, in for a…
AT 6 mins 30-ish in this tape, you can learn that it’s not only the hot countries in debt these days, yer Paraguary, yer Nigeria, yer Greeks and so on. It’s the cold ones too. Yer Icelands ans forth. Is global warming to blame for the national debt? Possibly…