Proof that (some) politicians have no idea
We smile at the struggling actions of politicans and regulators to understand and legislate for the complexities of the financial system and economy. Just look at the Labour and Conservative parties at the moment, with the former saying all power must be given to the FSA and the latter saying give it to the Bank…
Proof that (some) politicians have no idea
We smile at the struggling actions of politicans and regulators to understand and legislate for the complexities of the financial system and economy. Just look at the Labour and Conservative parties at the moment, with the former saying all power must be given to the FSA and the latter saying give it to the Bank…
What’s up with the Greek bank?
Had a while to sit and read Private Eye yesterday, the UK's best selling current affairs magazine. Lots of stories about corruption, lies and backstabbing … and that was just the bit about Eastenders. A number of bank related stories caught my eye too, starting with a dig at Lord Walker's report on corporate governance…
Why banks aren’t lending
I had a few calls yesterday to talk about what’s going on between the Chancellor, Alistair Darling, and the banks. Oh yes, and Peter Mandelson was in there somewhere. It was all to do with their bigwig government meeting yesterday, where the government was giving banks a grilling about why they're not lending enough to…
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