Matt Buck's Hack Cartoons

I shall resist the urge to draw the financial system trying to skate - but let us all hope it actually can.

Matt Buck’s animated drawings

The Economist takes a long view of the story and why it still matters. It is well worth a read. This weekend's PR spin was about Rock Chairman, Matt Ridley, (a former Economist employee) not receiving any payoff as he leaves his job. But there was also another little story, about the small matter of another £3bn loan from the Bank of England to prop up the ailing institution. Total Rock borrowing from the Bank of England (the taxpapyer, if you like) is now believed to be in the region of £16bn. If you believe what Hemscott are reporting, Northern Rock's funding problems remain acute.

Matt Buck’s animated drawings

The arbiters of the world's fortunes appear to be having a medical crisis - how serious it is, only time will tell.