Monday, April 20


Henrietta, known in school and everywhere as 'netta, on her two wheeler. She and Madeleine share a rough house and tom-boy nature, and Madeleine gets her goat by calling her "Henrietta" - kids to be kids. 

We have known 'netta before she was born - in fact, Sonnet and Tabitha met when both pregnant and hiking around North London. Tab and her family in Bath and we have visited their lovely home before and this time with Stan and Silver, who enjoy the English country-side. The kids go nuts on the play gym and David sets up a bona-fide "bouncy castle" which inflates to house-size using a generator. The thing is heavy, too, and takes some effort to get from the garage to the field. 

David recently retired from Morgan Stanley and now advising government - he takes advantage of his specialist experience, love of politics (his first job post-uni on Capital Hill) and his liberal instincts for fairness .. I listen to what he says and much of it goes over my head - it strikes me that few in politics equipped or educated to understand the grand complexity of the financial melt-down. 

Trillions of dollars in play and do we really trust the guys entrusted to met out the stim-u-lator? Or if capable, conflicted? Ever since I learned that Larry Summers, (only) the White House's top economic adviser, took $5.2 million (that is $5-000-200) from hedge fund D.E. Shaw I have become nervous. 

David notes that a bubble occurs when a small, elite group channel funds irrationally to their interests .. which sounds a lot like Wall Street to me.

"You just think you're Dad so you can toss us about."
Madeleine (angrily)