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Law30 June 09<29 July 10

The Earl of Caithness: “The Banking Bill fails to address the fault which has led to every major banking and currency crisis during the past 200 years”

by Steve Baker

Via Lords Hansard text for 5 Feb 200905 Feb 2009 (pt 0003): My Lords, the Banking Bill which we are currently discussing in the…

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Economics30 June 09<11 February 10

China’s banks are an accident waiting to happen to every one of us – Telegraph

by Steve Baker

Via China’s banks are an accident waiting to happen to every one of us – Telegraph: China’s banks are veering out of control. The…

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Economics26 June 09<11 February 10

British banks highly vulnerable to future shocks, Bank of England warns – Telegraph

by Steve Baker

Via British banks highly vulnerable to future shocks, Bank of England warns – Telegraph: Britain’s banks remain over-indebted, highly vulnerable and harbour growing funding…

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Economics, Law25 June 09<11 February 10

Martin Wolf – Reform of regulation has to start by altering incentives

by Steve Baker

Via FT.com / Columnists / Martin Wolf – Reform of regulation has to start by altering incentives: At the heart of the financial industry are…

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Economics20 June 09<18 July 09

Mervyn King – change to the structure, regulation and culture of our banking system is necessary

by Steve Baker

Via Speech by MERVYN KING GOVERNOR OF THE BANK OF ENGLAND: We need to reflect more deeply on the nature of the failures before designing a…

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Economics14 May 09<11 February 10

A Banking System We Can Trust – Forbes.com

by Steve Baker

Via A Banking System We Can Trust – Forbes.com: Turn all financial firms into mutual funds. Before throwing more money at Wall Street, let’s…

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Economics26 September 08<11 February 10

US Economy: Even Hank Paulson’s bail-out plan cannot detox global banking – Telegraph

by Steve Baker

Via US Economy: Even Hank Paulson’s bail-out plan cannot detox global banking – Telegraph: Even if Congress backs the Paulson bail-out, the $700 billion blast…

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