Tomorrow is Abraham Lincoln’s 200th Birthday so it’s good that Tim Giethner, the US Treasury Secretary, has called for $2 trillion, as that's $20 billion to celebrate each year since Mr. Lincoln was born. That's not why he's called for it of course, it's to further sort out the financial system and comes on top…
I would post a review of the appearance of the former Chairmen and CEO's of RBS and HBOS in front of the Treasury Select Committee, but these headlines say it all: RBS Board Could Have Stopped ABN Takeover, Ex-Chairman Says Bloomberg – USA What the bankers said guardian.co.uk – UK The questions for the former…
I would post a review of the appearance of the former Chairmen and CEO's of RBS and HBOS in front of the Treasury Select Committee, but these headlines say it all: RBS Board Could Have Stopped ABN Takeover, Ex-Chairman Says Bloomberg – USA What the bankers said guardian.co.uk – UK The questions for the former…
The former chief executives and chairmen of RBS and HBOS are being called to account by the Commons Treasury Select Committee. Sir Fred Goodwin and Sir Tom McKillop, respectively the former chief executive and chairman of RBS, are joined by Andy Hornby and Lord Stevenson of Coddenham, the former chief executive and chairman of HBOS….
The former chief executives and chairmen of RBS and HBOS are being called to account by the Commons Treasury Select Committee. Sir Fred Goodwin and Sir Tom McKillop, respectively the former chief executive and chairman of RBS, are joined by Andy Hornby and Lord Stevenson of Coddenham, the former chief executive and chairman of HBOS….
Thanks to Paul Kedrosky’s Infectious Greed and Scott Loftness for linking me up with this video: At 2 minutes 10 seconds into the video, Paul Kanjorski of Pennsylvania explains how the Federal Reserve told Congress members about a “tremendous draw-down of money market accounts in the United States, to the tune of $550 billion dollars.” According…
Thanks to Paul Kedrosky’s Infectious Greed and Scott Loftness for linking me up with this video: At 2 minutes 10 seconds into the video, Paul Kanjorski of Pennsylvania explains how the Federal Reserve told Congress members about a “tremendous draw-down of money market accounts in the United States, to the tune of $550 billion dollars.” According…
Thanks to Paul Kedrosky’s Infectious Greed and Scott Loftness for linking me up with this video: At 2 minutes 10 seconds into the video, Paul Kanjorski of Pennsylvania explains how the Federal Reserve told Congress members about a “tremendous draw-down of money market accounts in the United States, to the tune of $550 billion dollars.” According…
Today, the FT reckons it’s ex-Lehman Bros Xavier Rolet taking over at the London Stock Exchange (LSE). Xavier sat on the LSE’s strategy group and headed Lehmans’ French business. He was a senior relationship manager for Lehman Brothers when he was based in London, and led relations with the exchanges across Europe, including Euronext and…
With today's 0.5% reduction in UK interest rates to 1%, the lowest ever, Paul Lewis was on the BBC news this morning. He pointed out that the Cheltenham & Gloucester mortgage tracker, which was offered in 2007 at 1% below Bank of England interest rates, will be free for borrowers now. You can watch the…
