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
Yesterday, in my humble opinion Vince Cable lied to the British people in a display of dishonourable dissembling that brings our politics into disrepute and explains why so many of the British public have nothing but contempt for the political … 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
UBS and Goldman Sachs who were appointed by the government to run the privatisation advised that the Royal Mail was worth £3.7bn but other banks including JP Morgan and Citibank said that it was probably worth up to £10bn. The … Continue reading
I Am Incorrigible 