Regulation

After my write-up of Alan Greenspan’s speech at the end of last year, where he says the subprime crisis was unavoidable, I was reminded of one of my old presentations with a quote from Alan Greenspan, when he was head of the Fed back in October 2004: "In recent years, banks and thrifts have been…

Interesting to be in Asia at the moment, which is where I flew out to in case you were wondering yesterday.  I’m here at a major payments conference and was sorry to miss the minor "hurrah" as SEPA went live on Monday.  Whoopee-doo!  Did you see the celebrations and fireworks?  Nope?  Neither did I.  In…

Interesting to be in Asia at the moment, which is where I flew out to in case you were wondering yesterday.  I’m here at a major payments conference and was sorry to miss the minor "hurrah" as SEPA went live on Monday.  Whoopee-doo!  Did you see the celebrations and fireworks?  Nope?  Neither did I.  In…

Interesting to be in Asia at the moment, which is where I flew out to in case you were wondering yesterday.  I’m here at a major payments conference and was sorry to miss the minor "hurrah" as SEPA went live on Monday.  Whoopee-doo!  Did you see the celebrations and fireworks?  Nope?  Neither did I.  In…

Interesting to be in Asia at the moment, which is where I flew out to in case you were wondering yesterday.  I’m here at a major payments conference and was sorry to miss the minor "hurrah" as SEPA went live on Monday.  Whoopee-doo!  Did you see the celebrations and fireworks?  Nope?  Neither did I.  In…

After my doom and gloom week, I thought this was a good title for a blog entry although this is not me talking … rather it seems to be a campaign with a certain associate editor and chief economics commentator at the Financial Times named Martin Wolf. The campaign began a while ago, with a…

After my doom and gloom week, I thought this was a good title for a blog entry although this is not me talking … rather it seems to be a campaign with a certain associate editor and chief economics commentator at the Financial Times named Martin Wolf. The campaign began a while ago, with a…

Welcome to 2008 folks, and I hope you all had a wonderful holiday break. I did … but what goes on at Xmas, stays in Xmas as they say (hic!). Anyways, a year ago, I made a bunch of forecasts for the year 2007.  This year, I’ll go a step further and make some concrete…

Welcome to 2008 folks, and I hope you all had a wonderful holiday break. I did … but what goes on at Xmas, stays in Xmas as they say (hic!). Anyways, a year ago, I made a bunch of forecasts for the year 2007.  This year, I’ll go a step further and make some concrete…

Welcome to 2008 folks, and I hope you all had a wonderful holiday break. I did … but what goes on at Xmas, stays in Xmas as they say (hic!). Anyways, a year ago, I made a bunch of forecasts for the year 2007.  This year, I’ll go a step further and make some concrete…