London Banker
Friday, 11 February 2011
Mervyn King: From Bagehot to Basel, and Back Again
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An American friend sent along the New York Times hatchet job on Mervyn King . It is a classic of its genre. The first four sentences inclu...
35 comments:
Wednesday, 2 February 2011
Quotable
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A Holding Company is a thing where you hand an accomplice the goods while a policeman searches you. - Will Rogers, 1935 Plus ça change, pl...
Egypt, China and Famine Futures
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It's February already! When I was just 19 someone told me that when I turned 21 the speed at which time elapses would double, and then ...
27 comments:
Tuesday, 18 January 2011
Quotable
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"Man is man because he is free to operate within the framework of his destiny. He is free to deliberate, to make decisions, and to choo...
18 comments:
Monday, 17 January 2011
Embracing Accountability - Starting Right Here (Part 1)
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In common with much of Britain, my plans for the holidays were sacrificed to an untimely 'flu. Nasty. Very nasty. But now I gain stre...
28 comments:
Saturday, 18 December 2010
More on the lunacy of the Basel Accords
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I was looking at the preferred asset classes under the Basel Accords in my previous post on why central banks are so determined to stave of...
27 comments:
Monday, 13 December 2010
Basel Faulty: Sovereign Defaults and Bank Capital*
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A foolish consistency is the hobgoblin of little minds, adored by little statesmen and philosophers and divines. - Ralph Waldo Emerson Wh...
34 comments:
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