Australian (ASX) Stock Market Forum

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The Large Hadron Collider near Geneva will be shut off until spring 2009 while engineers probe a magnet failure.

The incident on the 19th September caused a tonne of liquid helium to leak out into the experiment's 27km-long tunnel.

Officials said the time required to fully investigate the problem precluded a re-start before the lab's winter maintenance period.

The collider is built to smash protons together at huge speeds, recreating conditions moments after the Big Bang.
 
...that 2020hindsight is the top poster on ASF. WayneL was top poster but was slow out of the last bend and 2020 sneaked through on the inside, a great move.
 
...the UK Government are to make an announcement before markets open on Monday concerning the Bank, Bradford & Bingley. The bank has been involved in "Buy-to-Let" mortgages and these are easier for people to walk away from.

It is reported that the bank is bankrupt after laying off 360 employees last week.

The UK Government has the option to Nationalize the Bank by making it part of the Northern Rock set up.
Rumours say other Banks have walked away from any interest earlier in Bradford & Bingley and it may be sold to bidders, in parts, in a "fire" sale.

Other banks in the UK and building societies, are also thought to be in trouble.
 
As the present Banking situation worsens the suicide of a wealth financier in the UK shows the extent of the personal problems many now suffer: http://news.aol.co.uk/wealthy-financier-killed-by-train/article/2008092802473640628787

The BBC have now cited sources that say the Bradford & Bingley Bank is now bankrupt and will be nationalized. The 236 branches of the bank are to be put up for sale to bidders.

The debt brought about by the nationalization of Bradford & bingley will increase UK debt by 25%. The failure is greater, in terms of size of country, than the last US bank failure was for America.

The Republic of Ireland (Eire) are the first European Country to be officially in recession. Germany, Spain and the UK are expected to follow.
 
I'm ignoring Aussiejeff being horrible, and I'm not annoyed. May his pumpkins be infected with beetles.

...peeling sticky tape emits x-rays.
 
...that there is enough sub-bitumous coal in South Australia to power all of Australia for over 1,000 years.
 
...there is a town in Uruguay called Fray Bentos.

...that in the final day of World War 1 over 11,000 troops became casualties.

...about 90% of pumpkins grown worldwide are not eaten - instead they are carved for haloween and the innards discarded.
 
...that more Australians are killed each year due to asbestos poisoning than are killed on the countries roads.

"In older properties, take great care when drilling walls or ceilings, taking down walls or replacing flat roofs, as they may well contain asbestos".
 
The world is moving into the next stage of the downturn, "beggar thy neighbour protectionism".
 
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