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I spent a lot of time talking about Barclays Bank yesterday, and the fact that they have not taken the government’s offer of recapitalisation support, unlike RBS, HBOS and Lloyds TSB. This is an unusual move, and everyone wondered what trick they held up their sleeve. Obviously they needed capital, but where were they going…

I spent a lot of time talking about Barclays Bank yesterday, and the fact that they have not taken the government’s offer of recapitalisation support, unlike RBS, HBOS and Lloyds TSB. This is an unusual move, and everyone wondered what trick they held up their sleeve. Obviously they needed capital, but where were they going…

I just got sent this link. Nothing to do with banking although, as I watched it, it did make me think that maybe this is what we’ve been through the last month in the industry. I just hope the ending is the same.

After taking the piddle out of Iceland in my blog about their collapsing banks when the news broke back on 7th October, I do feel some sympathy for their situation.  Especially as our banks are in crisis too. However, to protect British interests by using anti-terrorism laws to freeze Icelandic bank assets in Britain, we…

After taking the piddle out of Iceland in my blog about their collapsing banks when the news broke back on 7th October, I do feel some sympathy for their situation.  Especially as our banks are in crisis too. However, to protect British interests by using anti-terrorism laws to freeze Icelandic bank assets in Britain, we…

I noted in yesterday’s blog about the Financial Stability Report from the Bank of England that they say UK banks ramped up lending to £700 billion ($1.1 trillion) over deposits between 2001 and 2008, but failed to mention that they estimate total losses in the credit crisis to be $2.8 trillion.  That’s a lot more…

I noted in yesterday’s blog about the Financial Stability Report from the Bank of England that they say UK banks ramped up lending to £700 billion ($1.1 trillion) over deposits between 2001 and 2008, but failed to mention that they estimate total losses in the credit crisis to be $2.8 trillion.  That’s a lot more…

I noted in yesterday’s blog about the Financial Stability Report from the Bank of England that they say UK banks ramped up lending to £700 billion ($1.1 trillion) over deposits between 2001 and 2008, but failed to mention that they estimate total losses in the credit crisis to be $2.8 trillion.  That’s a lot more…

Thanks to Information Week for pointing out the top internet hoaxes of all time. First, is the discovery of BigFoot.  Yep, a dead Sasquatch was found in Georgia.  The movie proves it: Then there’s Snowball, the mutant cat: and there’s the last tourist to enjoy time on top on the World Trade Centre in 2001. …

Thanks to Information Week for pointing out the top internet hoaxes of all time. First, is the discovery of BigFoot.  Yep, a dead Sasquatch was found in Georgia.  The movie proves it: Then there’s Snowball, the mutant cat: and there’s the last tourist to enjoy time on top on the World Trade Centre in 2001. …