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Guardian Newspaper loses £249 Billion

Take a look at this comparison chart for the FTSE 100 companies on the Guardian website.

http://www.guardian.co.uk/business/interactive/2009/mar/10/ftse-100

Note the 2007 pie chart for the banks. The total adds up £325.5 billion but the constituents add up to £78.8 billion, a missing £249 billion.

Nice to see the famous Guardian spelling mistakes have been updated in the spirit of 21st Century meltdown economics.:T

Comments

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Take a look at this comparison chart for the FTSE 100 companies on the Guardian website.

    http://www.guardian.co.uk/business/interactive/2009/mar/10/ftse-100

    Note the 2007 pie chart for the banks. The total adds up £325.5 billion but the constituents add up to £78.8 billion, a missing £249 billion.

    Nice to see the famous Guardian spelling mistakes have been updated in the spirit of 21st Century meltdown economics.:T

    Maybe because they are comparing the 2007 figures to the current market values. :rotfl:
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    ... the famous Guardian spelling mistakes have been updated
    maibi dey wuz imployin dem digree peeps init.
    Now dey gotts an awld person doin da jobz. Sum1 wiv an O levil inglish.
  • Guardian Newspaper loses £249 Billion

    wow, for a minute i thought that pinko rag had lost all this dosh.
  • Looks like 'insurance' has dipped its hand in the pot (bottom right).
  • tomstickland
    tomstickland Posts: 19,538 Forumite
    10,000 Posts Combo Breaker
    The Guardian have layed of 78 staff recently. Article in Manchester Evening News, found via order-order.com
    Happy chappy
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    Thrugelmir wrote: »
    Maybe because they are comparing the 2007 figures to the current market values. :rotfl:

    Well from my cursory look at the numbers, I think that's exactly what they've done. The total is the total from 2007, the market caps are from now.
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