Best of this week’s finance tweets – 16th March 2012

6 min Read Published: 16 Mar 2012

twitter logo Here is this week's compilation of those tweets worth reading from the best financial tweeters out there, including me of course.

Twitter helps give you an inside fast track into the world of personal finance and the latest developments. I read and interact with hundreds of people via twitter every week and only bring you those that are worth listening to. (If you want to join my watch list then simply follow me on twitter @money2themasses)

All the following tweets are the respective tweeter's personal views and not those of their employers.

 

On Mortgages

@Tony_Pauley_CT - Tony Pauley - CTO of Castle Trust, a financial services company

The Bank is admitting that its base rate is no longer the most important factor in driving mortgage rates. bit.ly/sVHz50

@CashQuestions -  Annie Shaw - Financial agony aunt & Daily Express columnist

36% of equity release customers using money to repay a mortgage during 2011. Disgusting. What have you vampire mortgage lenders done?

 

On George Osborne's plan to issue 100 year bonds

@iancowie - Ian Cowie - Head of Personal Finance at the Telegraph

Buying 100-year bonds looks like a gilt-edged way to lose money: #100-yearbonds #bonds #inflation tinyurl.com/85thpcz

@martin_greig - - Martin Greig -Associate Director @NewgatePR. Ex BBC journalist

Will anyone actually buy the "Osborne bond?" In theory #pension funds - but not if yield is too low, right? on.ft.com/yiEDkH

@EdConwaySky - Ed Conway - Economics Editor of Sky News

Think a 100yr bond is barmy? Two bonds issued by railroad companies in the 1900s weren't supposed 2 mature until 2361 and 2862 respectively

 

Financial Times Journalist walkout

@CashQuestions - -  Annie Shaw - Financial agony aunt & Daily Express columnist

FT journos to walk out on strike for three whole hours? Is that over lunch or as well as? Who will notice?

@hwallop - Harry Wallop - Retail Editor - Daily Telegraph

FT journalists are striking between 3pm and 5pm today. What? So they can watch Cheltenham racing?

 

On the Goldman Sachs worker who took a parting shot at his former employer in an open letter 

 

@lucytobin - Lucy Tobin - Evening Standard journalist & author

Astonishing resignation letter "Why I Am Leaving Goldman Sachs" in NY Times; "MDs refer to their clients as “muppets..”

@ElaineDMoore - Elaine Moore - journalist at the FT

Wow that goldman sachs letter is amazing. Props for the table tennis achievement too

@Peston -  Robert Peston - BBC Business Editor

Goldman reply: "We will only be successful if clients are successful. This fundamental truth lies at heart of how we conduct ourselves."

@money2themasses - Damien Fahy (me) - writer of MoneytotheMasses.com

On G Sachs whistleblower - Its easy to be a moral crusader when you're prob rich enough to never work again having made your fortune

 

On the change in the list of items used to calculate the official inflation rate

@martin_greig - Martin Greig -Associate Director @NewgatePR. Ex BBC journalist

I imagine many people won't be too impressed by changes to #inflation calculation. Tablet computers are not everyday items for most

@hwallop - Harry Wallop - Retail Editor - Daily Telegraph

Baby wipes is in ONS inflation basket "Introduced to represent ‘cleansers on the go’." Eurgh

@hwallop - Harry Wallop - Retail Editor - Daily Telegraph

iPads, pineapples, take-away chicken + chips, babywipes -- this, tweeps, is modern Britain. All added to ONS basket of good

 

 

On the Government's NewBuy Scheme aimed at kick-starting the housing market

@leahmilner - Leah Milner - Times money reporter

Govt-backed NewBuy mortgages launch - starting from 4.29% at Natwest, 4.99% at Barclays and 5.69% at Nationwide

@JohnTheJourno - John Fitzsimons - editor of lovemoney.com 

OK, so Halifax and Santander will be taking part in NewBuy, but won't join the scheme for a few months. Disappointing

@HenryPryor - Henry Pryor - Property expert

“You can’t buck the market" said Maggie but it seems that today's Tory's are determined to do just that with ill-conceived NewBuy scheme.

 

On an anything but finance

@martin_greig Martin Greig -Associate Director @NewgatePR. Ex BBC journalist

The fitness tests police officers will be expected to perform include: crawling, stair-climbing & cone-lifting. OMG!

@pensionlawyeruk Jennie Kreser - Partner at Silverman Sherliker, a City law firm

Apprentice contestant "they call me the Master Puppeteer" Actually they prob call you the Master D***head behind your back!! #apprentice

@RuthVJackson  Ruth Jackson - Deputy Editor of Moneywise

When it comes to tax-free income I'm making far more at Cheltenham than I would in an ISA

@moneyaware a debt help charity

: Does reading about celebrities affect the way you manage your money? https://t.co/pDAv3OVi #lunchmoney

@CashQuestions -  Annie Shaw - Financial agony aunt & Daily Express columnist

@moneyaware not really rocket science. Thickos beguiled by trivia can't manage their own lives - or celeb gltiz is excape from own chaos

 

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