Chris Skinner's blog

Shaping the future of finance

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Credit Default Swaps doom and gloom

Wolfgang Munchau writes in the Financial Times today that the issues we faced in subprime in 2007 are just a mere drop in the ocean, and that this is more than just a subprime crisis: “If this had been a mere subprime crisis, it would now be over. But it is not, and nor will…

I despise Facebook

I don’t, but Tom Hodgkinson of the UK newspaper The Guardian does.  Fascinating article on Facebook’s ownership starring Peter Thiel, one of the founders of PayPal, and statistics on usage which is approaching 60 million worldwide, mainly in the USA, Canada and UK. Read it and start socialising in the real world as Tom summaries…

Best place to work in Finance and IT if you’re gay?

Stonewall have just released their annual ranking of the best employers for gay people in Britain.  Interesting to see who’s who in our community.  For example, of the Top 100, we have quite a few nominations of good gay places in Retail and Investment Banking (position in Top 100 given first): 6   Lloyds TSB 92% …

Tony Blair’s new job is with JPMorgan

News just in that Tony Blair’s first job since being dumped (ed: leaving office) is with JPMorgan as an advisor.  Wonder when JPM will invade (ed: open a branch in) Iraq then? Oh, they already have.

Tony Blair’s new job is with JPMorgan

News just in that Tony Blair’s first job since being dumped (ed: leaving office) is with JPMorgan as an advisor.  Wonder when JPM will invade (ed: open a branch in) Iraq then? Oh, they already have.

New year, new stock – Google? IBM? Which tech?

I thought I should balance the books after picking on Citi, SocGen and HSBC yesterday by performing a quick look at the IT industry using Yahoo’s message boards, another favourite.    I love the message boards of Yahoo for seeing what investors really think about firms through trader’s messages and employee’s gripes.  The only thing…

New year, new stock – Google? IBM? Which tech?

I thought I should balance the books after picking on Citi, SocGen and HSBC yesterday by performing a quick look at the IT industry using Yahoo’s message boards, another favourite.    I love the message boards of Yahoo for seeing what investors really think about firms through trader’s messages and employee’s gripes.  The only thing…

New year, new job – SocGen? Citi? Which bank …

Many of us start the new year looking for a new job, so I thought I’d dive into the wonderful website The Vault and see who’s hot and who’s not. Now I don’t know if you’ve ever explored The Vault, but it’s a good place to get the low-down on prospective employers.  The reason it…

New year, new job – SocGen? Citi? Which bank …

Many of us start the new year looking for a new job, so I thought I’d dive into the wonderful website The Vault and see who’s hot and who’s not. Now I don’t know if you’ve ever explored The Vault, but it’s a good place to get the low-down on prospective employers.  The reason it…

Trust Your Bank? An FT Writer Has Doubts About JPMC

Gary Silverman, the FT’s US news editor, wrote a column about his surprise to find he and his wife each had a $119.99 charge from TLG Hotline on their JP Morgan Chase credit cards. "We pay our cards automatically, and I don’t always examine the bill, but this time I did and noticed something strange….