From the letters page of today’s Guardian: As Christmas approaches and we enter 2011 we should not forget that countless vulnerable families and individuals will
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Tackling bankers’ bonuses – or how to raise £2.4 billion from Goldman Sachs alone
I’ve blogged the bank levy today and suggested it does not cut the mustard. I do think disallowing bank losses would be helpful right now.
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Will the banks quit the UK?
The Economist is asking that very question. And its conclusion?: So it seems very unlikely that any of these banks will emigrate soon. Still, inside
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Pathetic bank levy when banks have had £19bn tax loss subsidy
Draft legislation for the new bank levy has been published. £2.5 bn a year is the best estimate of what it will raise. I agree
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Tackling the tax avoiding bankers on their bonuses
The FT notes this morning: More than 50,000 high earners in the UK face a crackdown on offshore trusts used to avoid tax on bonuses,
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Microfinance – corrupted by the DFIs?
As the FT reports this morning: The microfinance industry has been accused of “sucking blood from the poor” by the prime minister of Bangladesh as
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Banking is different
Adair Turner has an article in the FT this morning. It’s clearly an attempt to justify his decision to appoint PWC to investigate the RBS
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HSBC: turning the proverbial?
As the FT notes: HSBC continued to act for funds that fed money into Bernard Madoff’s Ponzi scheme in spite of repeated warning from the
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Taming the Vampire Squid: Take back our banks
From the New Economics Foundation.As they say: Portraying investment banks as a giant vampire squid wrapped around the face of humanity, a new animation
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