nicky10008's Blog

Prime Minister Gordon Brown has told the BBC that he will "ban the old bonus system" and force banks to act in a more responsible manner.

He said that banks had not understood the damage they had done to the economy and that he would be introducing tough new measures to bring them into line.

"We are going to clean up the system once and for all," he said.

The measures will "represent the toughest action of any country in the world," Mr Brown added.

More powers

"We are not going to stand by and return to the bad old days," he said on the BBC's Andrew Marr Show.

To this end, the prime minister said the government would be bringing a new Business and Financial Services Act to parliament in the "next few weeks".

This legislation was first outlined by the Chancellor Alistair Darling in July.

Under the terms of the act, the UK financial watchdog - the Financial Services Authority (FSA) - would be given the right to intervene to stop banks taking too many risks.

The act would "ban the old bonus systems and make it impossible for firms to go back to using them," Mr Brown said.

Companies that did not comply with the new measures would have penalties imposed on them, he added.

Speculators and short term deals would no longer be rewarded so highly, he said.

The prime minister argued that the measures were necessary because there was already evidence that banks wanted to return to paying big bonuses that encouraged the excessive short-term risk taking that contributed to the financial crisis.

Excessive bonuses have caused public outrage in the US and in Europe, particularly at banks that have received state aid during the financial crisis.

But despite the backlash against what many see as excessive pay, a number of top banks have already been setting aside huge sums of money to pay in bonuses.

UGG Boots is really one of most great and famous boots brands all over the world nowadays. So many people wear UGG Boots especially ladies in winter for UGGS’ warm and fashion style.

Do some research on the retailer before you buy the Ugg boots they are selling. Fake Ugg boots are sold in a variety of locations. You will often see them sold on eBay, Amazon and in departments stores

Look at the price of the boots. As you know Ugg boots aren't cheap. If you see some for a really cheap price, be careful as these are more likely to be fake.

Take a close look at the tags on the boots. Real Ugg boots are made by an American company called Deckers that manufactures them in China.

Take a really close look at the fur that lines the boots. Authentic Uggs are made with real sheepskin, which has a distinct texture and colour. Real sheep skin fur is not white or nearly white.  

Look at the care booklet provided with the boots.Look at the stitching on the boots. Authentic boots will have high quality, even stitching.

Take a whiff. New Ugg boots (ones that have never been worn) should not have any chemical smells, paticularlly a smell of paint.

Look at the size and shape of the boots. Fake boots are taller and don't run a size bigger like real boots. Real Uggs have a rounder finish on their front.

In Bangkok, thousands of troops and police were ordered onto the streets ahead of the protest by Mr Thaksin's red-shirted supporters.

Mr Thaksin himself is in overseas exile, and has been convicted in absentia of corruption.

In a speech to his supporters via videolink, he called for national reconciliation.

"Our country has deteriorated and risks being a failed state. I have already forgiven everybody, let's start anew and decide on new elections," he was quoted as saying by AFP news agency.

Mr Thaksin won elections in 2001 and 2005, swept to office by a wave of support from rural voters whose concerns he worked to address. After he was ousted, his allies won the first post-coup elections in 2007.

But protests - including a blockade of Bangkok's two international airports - by those who opposed him, the yellow-shirted People's Alliance for Democracy (PAD), forced that government from office, allowing the party they backed to form a coalition.

The UGG Australia story began in 1978 when a surfer by the name of Brian Smith needed a way to keep his feet warm between waves and the Ugg Classic was born. Crafted from Merino grade A sheepskin, the classic surf boot is lightweight and perfect for walkingand. The idea caught on and today UGG? boots have become a phenomenon.

UGG Boots is really one of most great and famous boots brands all over the world nowadays. So many people wear UGG Boots especially ladies in winter for UGGS’ warm and fashion style. However, not everyone likes UGG Boots at first. They though UGGS were not fashion enough to dress,ugg boots, that’s why they choose other brands boots instead of UGG Boots. Ok, seems that’s not what I want to talk today. I just curious why people choose UGG Boots.

Somebody told me that UGG Boots are not only warm and fashion. They were made of sheepskin that can make our feet comfortable when we wore them.  

Australian rose Boots upper design, top hot in this winter!The freshest product from ugg, allows you to catch more enviable attention! The jeans with uggs is important in our life,niw let me tell you how to wear jeans with uggs.

First, go out and buy a pair of Uggs (or an imitation pair, since Uggs are quite expensive). Second,Go and buy skinny leg jeans. Third,Put on your jeans. Fouth,Put on your Uggs over the jeans. Five,Tuck in your jeans to the boots. Six,Smooth out the jeans so they're not wrinkled

Do not wear skinny leg jeans if you don't look so good in them or don't feel confident in them straight leg jeans will also look good with UGG

According to one report, the latest incidents took the number of people killed over the weekend to at least 39.

Five Indian soldiers were killed and four wounded in two separate gunbattles in Poonch district, 160 miles (260 km) to the north of Jammu

The encounters took place on late Saturday afternoon and lasted for several hours," said a defence official.

Three separatists including a leader of the Hizbul Mujahideen group, Abu Jaffer, were killed in the shootouts, the official said.

This followed Friday's bomb attack on a Shia Moslem congregation at Khwaja Gund-e-Qasim near Pattan town which killed 12.

Amongst the injured was the prominent Muslim Shia cleric, Maulvi Iftikhar Hussain Ansari.