We are told, perpetually, that bankers will leave the UK at the drop of a hat. And i perpetually respond that they won’t — because
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Taxing bankers’ pay to reduce its cost is not hard – it just takes political will
A commentator on this blog said yesterday: Great idea in theory to legislate against bankers bonuses, I’d even support it. While we are about it
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Only a Tory could say that
As the FT note: The coalition government does not plan to legislate to rein in bankers’ bonuses, urging the industry instead to regulate its own
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We didn’t need this bank tax
So we have a new bank levy — to be charged on bank assets. The consequence is obvious: banks want lend. That’s the last thing
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No more VAT, but more bank tax please
From the Guardian, today, this call for no VAT increase and an ambitious programme for the banks to pay more tax: As economists we are
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If Osborne does this I’ll have to say I’m pleased
The FT notes: George Osborne will use the chancellor’s annual Mansion House speech to warn big banks that they will have to pay for the
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Goldman: time to stop being specific and look at the systemic
FT.com / Companies / Banks – SEC probes second Goldman security. The FT notes that the SEC is now looking at another possible fraud in
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Goldman: creative non-compliance
FT Alphaville » Goldman accused of hindering crisis probe. The continuing contempt of banks for regulation becomes clearer by the day. as the FT notes:
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If Goldman has admitted to fraud shouldn’t it be one strike and you’re out?
FT Alphaville ¬ª Goldman seeks SEC settlement. According to the FT: Goldman Sachs hopes to avoid the SEC’s charge of fraud by reaching a settlement
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