The billion dollar bluffs

Iran's leadership must be laughing in its boots at the results of their missile trickery the other day. Oil hits a new high, Fanny Mae and Freddy Mac plunge towards the rocks (these laughably named mortgage lenders).

Did you know that Osama Bin Laden targeted high oil prices in his scheme to lay the West low? Well, he did (yes, I read Drudge too).

I wouldn't mind putting a little flutter myself- on the bearded one actually being harboured in Iran. The old Sunni-Shia-elite two step.