Recent content by Riftvalley

Read last picture carefully!

****er me!

There an excellent coach company located nearby with very friendly and helpful drivers. One driver, Sam, particularly likes taking the elderly folk on trips to the seaside. His regulars always supply Sam with a gift of a bag of nuts when he takes them to the coast. On a recent Christmas trip...

Here is another true story. Some friends of ours were at a dance with us recently and it was pouting with rain. At the end of the dance they went and got in their car (Ford Mondeo) to go home. He is always a gentleman and opened the passenger door for her to get in, however when he got into...

Modern Britain

Keep the following in mind the next time you are about to repeat a rumour or spread gossip. In ancient Greece (469 - 399 BC), Socrates was widely lauded for his wisdom. One day an acquaintance ran up to him excitedly and said, "Socrates, do you know what I just heard about Diogenes?"...

I notice that GKN have a 6 for 5 rights issue next week. The price is 50p which is a significant discount over the current prie of 120/125p. Strikes me that there are some important issues here. Following the rights issue there will be a change in the price of GKN shares. If the price...

With all this piracy going on around the Horn of Africa and the Gulf of Aden, the cargo ships have a new strategy of sailing in two's. Two ships, one carrying red paint and a second carrying blue paint were sailing towards the Suez Canal when one ship was attacked by pirates. The idea then was...

Page link from FSCS Hi here is a relavant page on the FSCS website FSCS - No Content - Echelon Wealth Management Limited     Probably a good idea to book mark it and return regularly to get lastest info, note that this letter is out of date as it mentions KPMG as the provisional liquidators...

Thanks ns1000, I think that too many people draw too many conclusions or speculate on causes or outcomes. I think that the basic facts are fairly simple: 1. Echelon is in receivership. 2. A large deficit built up on a specific clients account. 3. There has been a breach of Client Money...

Read the FSA handbook

Change of liquidators Also, have you noted that KPMG are no longer the liquidators and that it is now: Please be advised that the appointment of Blair Nimmo of KPMG LLP as provisional liquidator has been recalled and that Anthony Spicer and Stephen Cook of Smith & Williamson were appointed...

Risk disclosure form I think someone has asked for this! Also worth looking at this: FSA Handbook - Full Handbook The agreement clearly states that client money is kept in the Echelon Wealth Management Client Account so where do people get the idea that it is not segregated? Obviously if...

Hi I thought it may be of interest to look at MiFID – Questions and answers although this is a Finnish document it is very clearly written and explains what MiFID is. Also it contains this definition:- Professional clients are defined in the law as clients with experience, knowledge and...

I thought I had it cracked last week, total plan to make billions! If Oleg Deripaska can do it then we all can, except that Aluminium Magnets DON'T WORK!