Home / Reading / Things worth reading: 16th November 2009

Things worth reading: 16th November 2009

Things we're reading today include …

 

Today's must read:

Tobin is not a mythical monster to frighten the City; it has a moral force – Guardian

"'The Tobin tax is like the Loch Ness monster; it appears once or twice a year, then goes away.' Otmar Issing, the former chief economist of the European Central Bank, evoked the sinuous Scottish beastie to dismiss the idea of a levy on financial transactions in a recent debate at the London School of Economics, echoing an exchange he had with its inventor, the late James Tobin, an American economist.
Unlike the mythical Nessie, the Tobin tax can no longer be written off as a product of unhinged or over-imaginative minds. Recent sightings are becoming more frequent and more credible; neither is the proposal in the least monstrous, as some in the financial sector would have you believe."

 

People

Sir Philip Hampton: the era of big international banks is far from overThe Telegraph
John Varley's blueprint for successful and responsible banking The Telegraph
Barclay's John Varley admits banks have 'much to be sorry for' The Telegraph
John Paulson takes £1.45bn gamble on CitigroupThe Telegraph
Xavier Rolet, CEO of the London Stock ExchangeThe Times
Madoff belongings go under the hammerFinancial Times

And finally …

FSA treats mortgage lenders like 'drug dealers' says CML chiefThe Telegraph
India is morphing into a global R&D hub, but can it ever take on Silicon Valley? – Techcrunch

Quote of the Day:

"Some day in the future our successors will find that, however good, the improvements our generation makes in the structure, regulation and supervision of the financial system will let them down."

Paul Tucker – Deputy Governor of the Bank of England


 

The Finanser is sponsored by Vocalink
and Cisco:
 VocaLink_rgb_250x120 
For details of sponsorship email us.

About Chris M Skinner

Chris M Skinner
Chris Skinner is best known as an independent commentator on the financial markets through his blog, the Finanser.com, as author of the bestselling book Digital Bank, and Chair of the European networking forum the Financial Services Club. He has been voted one of the most influential people in banking by The Financial Brand (as well as one of the best blogs), a FinTech Titan (Next Bank), one of the Fintech Leaders you need to follow (City AM, Deluxe and Jax Finance), as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal’s Financial News. To learn more click here...

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Home / Reading / Things worth reading: 16th November 2009

Things worth reading: 16th November 2009

Things we're reading today include …

 

Today's must read:

Tobin is not a mythical monster to frighten the City; it has a moral force – Guardian

"'The Tobin tax is like the Loch Ness monster; it appears once or twice a year, then goes away.' Otmar Issing, the former chief economist of the European Central Bank, evoked the sinuous Scottish beastie to dismiss the idea of a levy on financial transactions in a recent debate at the London School of Economics, echoing an exchange he had with its inventor, the late James Tobin, an American economist.
Unlike the mythical Nessie, the Tobin tax can no longer be written off as a product of unhinged or over-imaginative minds. Recent sightings are becoming more frequent and more credible; neither is the proposal in the least monstrous, as some in the financial sector would have you believe."

 

People

Sir Philip Hampton: the era of big international banks is far from overThe Telegraph
John Varley's blueprint for successful and responsible banking The Telegraph
Barclay's John Varley admits banks have 'much to be sorry for' The Telegraph
John Paulson takes £1.45bn gamble on CitigroupThe Telegraph
Xavier Rolet, CEO of the London Stock ExchangeThe Times
Madoff belongings go under the hammerFinancial Times

And finally …

FSA treats mortgage lenders like 'drug dealers' says CML chiefThe Telegraph
India is morphing into a global R&D hub, but can it ever take on Silicon Valley? – Techcrunch

Quote of the Day:

"Some day in the future our successors will find that, however good, the improvements our generation makes in the structure, regulation and supervision of the financial system will let them down."

Paul Tucker – Deputy Governor of the Bank of England


 

The Finanser is sponsored by Vocalink
and Cisco:
 VocaLink_rgb_250x120 
For details of sponsorship email us.

About Chris M Skinner

Chris M Skinner
Chris Skinner is best known as an independent commentator on the financial markets through his blog, the Finanser.com, as author of the bestselling book Digital Bank, and Chair of the European networking forum the Financial Services Club. He has been voted one of the most influential people in banking by The Financial Brand (as well as one of the best blogs), a FinTech Titan (Next Bank), one of the Fintech Leaders you need to follow (City AM, Deluxe and Jax Finance), as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal’s Financial News. To learn more click here...

Check Also

Things worth reading: 13th October 2017

Things we’re reading today include … Who is John Flint? The new HSBC boss knows …