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Brown needs Balls, Darling

Here in the UK, we’re going through a bit of a major emotional rollercoaster. First, we find some of our banking leaders are greedy pigs and then we find most of our politicians have caught their swine flu. For what seems like an age now, we have had all these detailed headlines of members of…

Are we hard wired to mess up our money?

I'm always a sucker for articles about the brain and how the brain works, ever since Baroness Susan Greenfield presented at a meeting I chaired about ten years ago. Her latest contribution to the debate about the financial crisis focuses upon how City traders are making rash decisions due to video games causing the brain's…

Are we hard wired to mess up our money?

I'm always a sucker for articles about the brain and how the brain works, ever since Baroness Susan Greenfield presented at a meeting I chaired about ten years ago. Her latest contribution to the debate about the financial crisis focuses upon how City traders are making rash decisions due to video games causing the brain's…

The EU’s Response to the Financial Crisis

My friends at the Industry and Parliamentary Trust are running an important meeting on Thursday 11 June 2009 at Westminster Hall, the Houses of Parliament, London. The meeting will focus upon the EU's response to the financial crisis and particularly on the EU High-Level Expert Group, led by Jacques de Larosiere, focusing on the reform…

The EU’s Response to the Financial Crisis

My friends at the Industry and Parliamentary Trust are running an important meeting on Thursday 11 June 2009 at Westminster Hall, the Houses of Parliament, London. The meeting will focus upon the EU's response to the financial crisis and particularly on the EU High-Level Expert Group, led by Jacques de Larosiere, focusing on the reform…

Alistair Darling presents …

The Institute of Directors (IOD) have an annual jamboree at the Albert Hall and this year’s event was filled with high-powered speakers from one of the founders of LinkedIn, Reid Hoffman, to Michael Dell. There were also some other folks there like Sir Stuart Rose, CEO of British institution Marks & Spencer, and Peter Jones,…

Stéphane Garelli presents …

Stéphane Garelli was the keynote at last week’s conference on payments and, as usual, was stimulating, entertaining and thought provoking. For those who are unaware, Stéphane made Davos what it is today and is a world authority on competitiveness. I’ve placed his full bio at the end of this entry for those who are unfamiliar…

Stephane Garelli

Stéphane Garelli presents …

Stéphane Garelli was the keynote at last week’s conference on payments and, as usual, was stimulating, entertaining and thought provoking. For those who are unaware, Stéphane made Davos what it is today and is a world authority on competitiveness. I’ve placed his full bio at the end of this entry for those who are unfamiliar…

Stephane Garelli

Bank makes a billion

Like most of the banks, the Bank of England has made a bundle out of the credit spreads of the last six months.  Locking in bank loans at 5.5 percent interest rates fixed for nine months, the rapidly dropping rates to just 0.5 percent earlier this year meant that the Bank made a billion in…

Banks aren’t just stressed, they’re angry

Yesterday was the day that the US Government was meant to come out and say that their banks were really stressed, but they didn’t. There’s lot of negotiation of the detail you see. You only have to checkout the things worth reading section of this blog to see the history, although here’s a few of…

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