I have just heard one of the poorest interviews on the subject of high frequency trading that I have had the misfortune to come across on the usually excellent Today programme on BBC Radio 4. The interviewer, Evan Davis, had the … Continue reading
I promised in a recent post (If Robert Peston thinks that it’s time to stop bashing the bankers he’s wrong) to show you that an innovative, stable and fully functional financial system that avoids regular (or any) crashes is possible. The United States (and consequently most of … Continue reading
John Oliver on the travesty of justice that is banks and bankers negotiating with regulators to pay ‘huge’ fines (in reality no more than a few days worth of sales) for committing financial crimes rather than serving jail time. To add insult … Continue reading
On 30 November, Robert Peston published an article on BBC Online that made my stomach churn. In the article, entitled “New City same as old City?” Peston reported on two significant news stories of the day. The first was about the … Continue reading
If you haven’t seen the film Inside Job yet then whatever you think you know about the financial crisis and its causes is probably wrong. The video* below is NOT the whole film – it consists of the trailer and background interviews … Continue reading
