Macarena Capital

The more serious financial crises of the last 10 years have always caught Macarena sunbathing somewhere else. She thinks this is not a concidence, so she made two decisions. Number one: gain some weight, so the mere thought of using her old white bikini would become sufficiently embarassing, regardless of the guy at hand. Number two, force me to post her random thoughts on finance as she delights herself on jamon pata negra and manchego cheese.

23.4.07

Finance Islamique (Update)

A nice story from the Financial Times tells us that:

In what ministers believe will be an important gesture to Britain’s Muslim community, the Treasury will say Monday that it is paving the way for the launch of the first Sharia compliant UK government bonds by 2008.

Macarena is delighted, of course, but thinks that it is also true that the "gesture" will collect a lot of money for the Treasury. This would, in turn, be a nice gesture on the part of the muslim community (and non-muslims, such as Macarena, who simply loves the thrill) towards the (by then) freshly minted Prime Minister. A guy who in his (by then) former position as Chancellor, was among the first to call attention to the potential this new issue will harness. It will be a success. Good for GB, and good for GB.

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