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The Banking Bird Feeder

I bought a bird feeder and hung it on the patio the other week. I filled it with seed every day to see if it would attract the birds. Within a week, there were hundreds of birds feeding on the continuously free and easily accessible food. I enjoyed watching them for a while … but…

Are these the green shoots of recovery?

After billions of dollars in bailouts and bonuses hit the decks, can we finally say that the worst is behind us? Many of us would like to think so, and possibly they could be right. I mean how much of this recession, depression, gaping black hole or whatever you want to call it, still sits…

Bankers deserve bonuses? You’re an idiot!

Thanks for all the comments providing the balance to my promotion of the idea that bankers deserve their bonuses yesterday. Here’s the contrarian view I could have put forward, but left out: How could you possibly agree with the idea that bankers deserve their bonuses, you schmuck? That’s just darned foolish, as bankers just do…

Fred the Shred becomes Fred the Tread?

There’s a wonderful rumour that’s circulating about Sir Fred Goodwin taking over from Max Mosley as head of Formula 1, the fast car racing league that travels the world in a carnival of cars and cash. It's not a popular rumour with some, as there’s a lot of anger over Sir Fred’s £4.2 million pension…

Fred the Shred becomes Fred the Tread?

There’s a wonderful rumour that’s circulating about Sir Fred Goodwin taking over from Max Mosley as head of Formula 1, the fast car racing league that travels the world in a carnival of cars and cash. It's not a popular rumour with some, as there’s a lot of anger over Sir Fred’s £4.2 million pension…

Bankers deserve their bonuses

I know that this will cause an argument, as I was having this very argument myself, but I cannot let the opportunity pass to report a conversation I was having about City bonuses. The media have a blast every time there’s a rumour of a bonus being paid in a bank, but here’s the rub:…

Alan Greenspan caused this crisis

Back in November 2007, when Alan Greenspan was running around promoting his book, the Age of Turbulence, his kudos was high and standing was great.  It was just a year after leaving office and subprime had hit, but folks thought it was just a $300 billion hole … a mere drop in the ocean. I…

Alan Greenspan caused this crisis

Back in November 2007, when Alan Greenspan was running around promoting his book, the Age of Turbulence, his kudos was high and standing was great.  It was just a year after leaving office and subprime had hit, but folks thought it was just a $300 billion hole … a mere drop in the ocean. I…

BaaS: Banking as a Service

Two weeks ago, I posted two items about why Banking will be free (Part One and Part Two), and this is Part Three in that series.  Banking as a Service (BaaS) is the new version of Banking using the Software as a Service (SaaS) business model.  You’re probably all familiar with SaaS – it’s basically…

BaaS: Banking as a Service

Two weeks ago, I posted two items about why Banking will be free (Part One and Part Two), and this is Part Three in that series. Banking as a Service (BaaS) is the new version of Banking using the Software as a Service (SaaS) business model. You’re probably all familiar with SaaS – it’s basically…

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