Chris Skinner's blog

Shaping the future of finance

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Just how safe is a safe?

I caught this story about a young boy who got locked in a safe by his playmates in Turkey.  The firemen had quite a fight to get him out of there: Nice to know a safe is still safe … or is this a training video for how to break into one next time? Of…

Just how safe is a safe?

I caught this story about a young boy who got locked in a safe by his playmates in Turkey.  The firemen had quite a fight to get him out of there: Nice to know a safe is still safe … or is this a training video for how to break into one next time? Of…

Goldmine Sachs: £142,600 ($200,000) bonus for everyone

Front page news in UK newspaper for the masses, the Daily Mail: "Goldmine Sachs: As jobless toll soars, investment bank's bonuses for staff are cut to a MERE £4.3 billion ($6 billion) "Investment bank Goldman Sachs is to pay £4.3 billion in bonuses to its City workers. Despite the financial crisis and the spectre of…

Goldmine Sachs: £142,600 ($200,000) bonus for everyone

Front page news in UK newspaper for the masses, the Daily Mail: "Goldmine Sachs: As jobless toll soars, investment bank's bonuses for staff are cut to a MERE £4.3 billion ($6 billion) "Investment bank Goldman Sachs is to pay £4.3 billion in bonuses to its City workers. Despite the financial crisis and the spectre of…

Goldmine Sachs: £142,600 ($200,000) bonus for everyone

Front page news in UK newspaper for the masses, the Daily Mail: "Goldmine Sachs: As jobless toll soars, investment bank's bonuses for staff are cut to a MERE £4.3 billion ($6 billion) "Investment bank Goldman Sachs is to pay £4.3 billion in bonuses to its City workers. Despite the financial crisis and the spectre of…

It was the dollar, now it’s the euro

A month or so ago, I noted the pound's crash against the dollar.  Now it's the pound's crash against the euro … With thanks to Mick Newman of the Times.

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The best and worst CEO’s in banking, 2008

The other day I spotted that Time Magazine had published various Top 10 lists, including several funny ones about banking. Today, I spotted a few other lists about banking that were funny in a different way. First, the FT printed the Top 10 TARP funded CEO bonus lists.  Funnily enough, not one bank would tell…

How much to ping-pong with Goldman Sachs?

Each year, the Evening Standard auctions off a load of prizes on eBay, several with a City flavour.  Last year, the winning item was a ping-pong game with John Varley, CEO of Barclays Bank.  That cost £10,500 ($15,000).  This year, it's even more mind-boggling as the top prize went for £14,600 ($20,000).  That was £400…

How much to ping-pong with Goldman Sachs?

Each year, the Evening Standard auctions off a load of prizes on eBay, several with a City flavour.  Last year, the winning item was a ping-pong game with John Varley, CEO of Barclays Bank.  That cost £10,500 ($15,000).  This year, it's even more mind-boggling as the top prize went for £14,600 ($20,000).  That was £400…

How much to ping-pong with Goldman Sachs?

Each year, the Evening Standard auctions off a load of prizes on eBay, several with a City flavour.  Last year, the winning item was a ping-pong game with John Varley, CEO of Barclays Bank.  That cost £10,500 ($15,000).  This year, it's even more mind-boggling as the top prize went for £14,600 ($20,000).  That was £400…