Weird banking news …
US TV Channel CNBC is known for its serious financial reporting, but what the hell is CNBC's Jeff Macke smoking in this clip: Rumours are that he had ended his contract period with the news channel and this was his swan-song. It is now! Meanwhile, over on ABC News, bankers are in the headlines again,…
The Great Hargeisa Goat Bubble
BBC Radio 4 aired a fantastic 45 minute spoof play about the global derivatives market last week, with Stephanie Flanders starring. Unfortunately, the BBC iPlayer has only got a day to run if you want to hear it, but the play was originally published as a short story in the Financial Times. Here's the script…
This firm is full of it …
I hear all sorts of rumblings about Merrill Lynch's unhappiness with Bank of America. In particular, they don't like the fact that BoA has this culture of centralisation, as ML have always been decentralised teams who act dynamically and independently. Maybe that's the reason they are no longer independent … they just don't realise it….
Who needs traders … get a rat
Rat traders is a new service which describes itself as follows: “Our program is a professional service to the financial industry; rats are being trained to become superior traders in the financial markets. Using our own methodology in accordance with well-established animal training techniques, our subjects learn to recognize pattens in historical stock and futures…

Shoot the banker …
After Professor Chris Knight accidentally encouraged folks to hang bankers from the nearest lamp-posts, is it any surprise that YouTubers have come up with an interactive game called "Shoot the Banker". If you want to play, make sure that your YouTube annotations are turned on. These are found by clicking on the eject button in…

Shoot the banker …
After Professor Chris Knight accidentally encouraged folks to hang bankers from the nearest lamp-posts, is it any surprise that YouTubers have come up with an interactive game called "Shoot the Banker". If you want to play, make sure that your YouTube annotations are turned on. These are found by clicking on the eject button in…

Mint and the Simpsons
I've recently started reading Mint's blog on a regular basis. It's very good and today's is a belter: Personal Finance According to the Simpsons. They've taken Homer Simpson's philosophies on life, work and money, and explained how it relates to managing your finances. If you don't have time to read their analysis, the quotes alone…


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