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Entrepreneurs avoid borrowing

Techcrunch analysed the views of 549 company founders to see what made them successful. After “experience” and “management team”, “good fortune” was the third most important factor. But the bit that intrigued was the way these guys started their businesses and what finances they used. Apparently, nearly all began by using personal savings first, and…

Techcrunch

Entrepreneurs avoid borrowing

Techcrunch analysed the views of 549 company founders to see what made them successful. After “experience” and “management team”, “good fortune” was the third most important factor. But the bit that intrigued was the way these guys started their businesses and what finances they used. Apparently, nearly all began by using personal savings first, and…

Techcrunch

Talking about bank failures

As we look towards the end of the year with America suffering one of the worst year's for bank failures in recent history (over 120 so far this year), I was impressed by an image at the Tretyakov Gallery of Russian Art in Moscow. A painting by Vladimir Makovsky …   Can you guess what…

Makovsky, Bank Failure, 1880

Who can be trusted after the financial crisis?

Just found a great paper by the Centre for European Policy Studies (CEPS) titled: "Who can be trusted after the financial crisis?" Using extensive research across the EU, Commission, ECB and more, they draw four main conclusions: "First, our analysis of the impact of the financial crisis on confidence in the European institutions shows a…

Cisco

Who can be trusted after the financial crisis?

Just found a great paper by the Centre for European Policy Studies (CEPS) titled: "Who can be trusted after the financial crisis?" Using extensive research across the EU, Commission, ECB and more, they draw four main conclusions: "First, our analysis of the impact of the financial crisis on confidence in the European institutions shows a…

Cisco

Who can be trusted after the financial crisis?

Just found a great paper by the Centre for European Policy Studies (CEPS) titled: "Who can be trusted after the financial crisis?" Using extensive research across the EU, Commission, ECB and more, they draw four main conclusions: "First, our analysis of the impact of the financial crisis on confidence in the European institutions shows a…

Cisco

Banking for good and bad

Wow!  As the debate rages on, it amazes me how the topic I chose in February for the Gresham lecture has just become so topical.  For example, everyone on London and Wall Street are now talking about the social purpose of banks, whether God and banking is compatible, and whether they are good or bad….

Banking for good and bad

Wow!  As the debate rages on, it amazes me how the topic I chose in February for the Gresham lecture has just become so topical.  For example, everyone on London and Wall Street are now talking about the social purpose of banks, whether God and banking is compatible, and whether they are good or bad….

Things worth reading: 10th November 2009

Things we're reading today include … Today's must read: Monetary Policy before, during and after the financial crisis, Speech by Jürgen Stark, Member of the Executive Board of the ECB Top bankers could face veto, says head of Financial Services Authority (Guardian) FSA to veto 'unethical' bankers from jobs (Times) FSA threatens jail in City…

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Things worth reading: 10th November 2009

Things we're reading today include … Today's must read: Monetary Policy before, during and after the financial crisis, Speech by Jürgen Stark, Member of the Executive Board of the ECB Top bankers could face veto, says head of Financial Services Authority (Guardian) FSA to veto 'unethical' bankers from jobs (Times) FSA threatens jail in City…

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