Here we have a little sketch found on Youtube from the South Bank show. Bird and Fortune do their usual interview style sketch, this time with the interviewee being an investment banker.

This actually goes a long way to explaining the realities of subprime lending in an easy to understand and rather amusing fashion for the layman.

Just a quick heads up to let you know that the Soyuz TMA-11 mission to the International Space Station will be launching from Baikonur Cosmodrome in Kazakhstan tomorrow.

Shukor, Yuri Malenchenko and Peggy Whitson are scheduled to launch at 13:21 UTC

A fellow known as Economonkey with clearly too much time on his hands has prepared a nice diagram to demonstrate how many pints of beer could be bought for the amount of money the British government has so far spent on waging war in Iraq.

(It’s £5bn btw)

Update:  Fixed the link!