Interesting clip on YouTube posted this week, which dramatises the moment Alexander Hamilton proposed the First Bank of the United States. I particularly liked the line from Thomas Jefferson: "I fear our revolution will have been in vain if a Virginia farmer is to be held in hock to a New York stock jobber who, in…
Interesting clip on YouTube posted this week, which dramatises the moment Alexander Hamilton proposed the First Bank of the United States. I particularly liked the line from Thomas Jefferson: "I fear our revolution will have been in vain if a Virginia farmer is to be held in hock to a New York stock jobber who, in…
Interesting clip on YouTube posted this week, which dramatises the moment Alexander Hamilton proposed the First Bank of the United States. I particularly liked the line from Thomas Jefferson: "I fear our revolution will have been in vain if a Virginia farmer is to be held in hock to a New York stock jobber who, in…
Tracy Bramlet blogs over at Finextra about this item from MSNBC: This is building inflammation on top of inflammation, after seeing the anger over AIG stirred into real anger with this diatribe. I predict a riot. Here's the transcript if you'd rather read it than view it: Wall Street treated the bailout bill like a…
You've probably seen it but, just in case, here's Vikram Pandit's internal memo that was leaked and resulted in a nice little jump in the stock price this week: From: Vikram Pandit Subject: Capital Strength and Earnings Power Sent: Mon Mar 09 21:12:44 2009 Dear Citi Colleagues, After a broad sell off in the markets…
I’ll post lots of serious stuff this week about payments, as I’m chairing a conference about payments processing developments all week. The conference will cover everything from mobile and contactless through SEPA and SWIFT, and many believe that payments is an area that has a positive vibe in banking as ‘Transaction Services’ – the payments…
I’ll post lots of serious stuff this week about payments, as I’m chairing a conference about payments processing developments all week. The conference will cover everything from mobile and contactless through SEPA and SWIFT, and many believe that payments is an area that has a positive vibe in banking as ‘Transaction Services’ – the payments…
I’ll post lots of serious stuff this week about payments, as I’m chairing a conference about payments processing developments all week. The conference will cover everything from mobile and contactless through SEPA and SWIFT, and many believe that payments is an area that has a positive vibe in banking as ‘Transaction Services’ – the payments…
Misstrade pointed me to a fascinating half-hour interview with Jim Rogers, who was co-founder of the Quantum Fund with George Soros. This is the second part of the interview (click for first or third part): and he's saying that there were absurd practices in the City of London, which had more exposure than anywhere else…
