Just look at this roll call of failure. Well rewarded failure. And then you’ll know why Gordon Brown is wrong to trust a banker to
Read the full article…
The Masters of the Universe just fell over
From the FT: One of Goldman Sachs’s flagship hedge funds, run by two of the Wall Street bank’s most talented traders, has lost close to
Read the full article…
Complete failure of duty
I have looked at what was announced yesterday with regard to the management of the government’s investment in the UK banking system. Let’s summarise what
Read the full article…
Local banks are doing best
This from the FT: A clear-eyed analysis reveals that whether or not you are a victim of the financial crisis does not depend on whether
Read the full article…
Why should we taxpayers bail out the tax avoiders?
Jill Insley of the Observer has written a piece asking why expats who banked with Icelandic banks in Guernsey should have the right (as they
Read the full article…
Barclays ‘saved’ by Roger Jenkins
All reports seem to agree that Barclays’ negotiations with its new backers in Qatar and elsewhere were undertaken by Robert Jenkins. He is a man
Read the full article…
Not in a month of Sunday’s
You couldn’t make this up in a month of Sunday’s. Lloyds TSB is using tax payer’s money to buy a share in Porterbrook Leasing. Porterbrook
Read the full article…
RBS: state owned and at least 128 tax haven companies
There was some excellent research in the Sunday Herald today, to which I was pleased to have contributed. Take this: The Royal Bank of Scotland
Read the full article…
Worry
From the New York Times: With the financial crisis engulfing developing countries from Latin America to Central Europe, raising the specter of market panic and
Read the full article…

Buy me a coffee!
