"“We have lent a huge amount of money to the U.S. Of course we are concerned about the safety of our assets. To be honest, I am definitely a little worried.” "


Chinese premier Wen Jiabao 12th March 2009


""We have a financial system that is run by private shareholders, managed by private institutions, and we'd like to do our best to preserve that system."


Timothy Geithner US Secretary of the Treasury, previously President of the Federal Reserve Bank of New York.1/3/2009

Monday, March 12, 2007

Toys for the boys

Ford Motor Company Premier Automotive Group have after 12 months finally entered into a definitive agreement to sell its Aston Martin business. They first bought 75% of the company in 1987 and the remainder in 1993 ;

Headed personally by shy retiring, David Richards, chairman and chief executive of Prodrive ,although Prodrive are not involved in the deal , however they will still run the Aston Martin Racing team in international sports car series events, including the Le Mans 24 Hours.

Investment Banker John Sinders, an extravagant and flamboyant Aston Martin collector from Dallas, and a backer of Aston Martin Racing.

Investment Dar & Adeem Investment Co, 2 international investment companies headquartered in Kuwait Adeem managing director and chief executive officer is Mustafa E. Al-Saleh. His company were major promoters of the World Islamic Finance & Investment Conference just held in Kuwait, March 4th - 5th.

The transaction is said to value Aston Martin at £479 million ($925 million). As part of the transaction, Ford will retain a £40 million ($77 million) investment in Aston Martin.

This is what the BBC News is putting out worldwide as "putting ownership back in British hands".

Green enthusiast Prince Charles is seen getting out of his Aston Volante in the picture above which he specially ordered in BRG, with 432 bph Vantage engine, capable of almost 186mph, and with 0-60mph acceleration times under 5.0 seconds- in what became known as the Prince of Wales spec, including a modestly priced Linn Sondek sound system.

Amusingly The Evening Standard reported on 17.11.06 that Prince Charles has told aides to use bicycles as part of an environmentally friendly masterplan to make him the country's 'greenest' royal. A Clarence House spokesman said 'It is true that the prince has ordered two bicycles for staff to use on business in London, although this is by no means compulsory. "

Here is a jolly pic of Charlie Boy squiring the lovely, beautiful and virtuous Camilla on a sunny day at Hurlingham last year which Lord "papparazzi" Patel managed to snap , of the heir to the throne in his vintage Aston Martin V6 Vantage (only 80 were made) which mummy bought for him.

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