Page 2 - Don Keating News Today

“Hidden leverage” was the cause of the “entirely predictable” liability-driven investment (LDI) crisis of the past two months, a Work and Pensions Committee (WPC) inquiry has been told.

The past two weeks have seen significant amounts of time, energy, intellect, and ink spent analyzing what went wrong with liability-driven investment (LDI), and the ex-post rationalization of what was not a black swan event.

“Let’s turn Covid and Brexit to our advantage”, declared Emma Duncan in an article in The Times on 6 January – an eminently sensible idea.

Gloria Hunniford has joked that she wants to be buried in her shoulder pads and with her hair curlers. Now living in Kent, she said that as a child growing up in Portadown, Co Armagh that she never liked her first name. In a wide-ranging interview with Best magazine she revealed: “I hated the name Gloria when I was young. Why would you call a child Gloria? “Imagine being two years old and someone shouting at you, ‘Gloria, come in now.’ I hated it!” The Rip Off Britain host and Loose W...